September, 2016

• 14 September

  Growing plastic culture not good for future

    Plastics are destroying our marine life and animals. The ever-increasing trash is polluting the seas and oceans. According to a report few months back, China, Indonesia, the Philippines, Thailand and Vietnam made up 55% to 60% of the total plastic found in the world’s marine ecosystem. In Australia, the coastlines are being contaminated by plastic debris. Imagine 12.7 million ...

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• 14 September

  Who’s to blame for closing of the world economy?

  

  Pundits and policymakers everywhere are bemoaning the rise of a new, inward-looking populism. Led by the likes of Donald Trump and Nigel Farage, those who’ve felt only globalization’s ill effects, not its benefits, have mounted a fierce counterattack. Border-hopping elites fret that the whole process of opening up and knitting together the world through trade, capital flows and immigration may ...

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• 14 September

  What Clinton missed in ‘basket of deplorables’

  

    Hillary Clinton made a mistake when she put half of Donald Trump’s supporters in a “basket of deplorables.” She had already given her big speech on Trump’s ties to the alt right. And she had talked before about some of his supporters being “deplorable.” You could even read her remarks as an attempt to persuade liberals to have more ...

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• 14 September

  Spain’s political mess isn’t dysfunction

  

    Spain faces the choice between a third general election in a year or a government based on some painful, improbable compromises. At first glance, this looks like a case study on the dysfunction of European parliamentary democracy. It is, however, nothing of the kind. I’ve heard many Americans say that whoever wins the presidential election, the country will more ...

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• 14 September

  Asian markets sink after Wall Street sell-off

  

    AFP Asian markets mostly fell on Wednesday as uncertainty over the future of central bank monetary policy weighed on buying interest while warnings of an extended oil glut sank energy firms. The region’s traders were given a rocky lead from Wall Street where all three main indexes ended more than one percent lower after a plunge in crude prices ...

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• 14 September

  India stocks fluctuate as inflation data spurs rate-cut optimism

  

    AFP Indian stocks swung between gains and losses as the nation’s benchmark inflation rate eased more than estimated, reviving calls for an interest-rate cut amid a global selloff. Two shares climbed for each that dropped on the BSE 100 Index, which was little changed at 10:52 a.m. in Mumbai after changing direction at least six times. The gauge posted ...

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• 14 September

  China’s stocks fall to one-month low on fiscal policy concern

    Bloomberg Chinese stocks dropped to their lowest level in a month on the last trading day of this week amid speculation the central bank won’t add to stimulus. The Shanghai Composite Index fell 0.7 percent at the close. The gauge has lost 2.5 percent this week, the most since May, after plunging on Monday amid a jump in the ...

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• 14 September

  Emerging stocks extend worst drop since June; Mexican peso falls

  

    Bloomberg Emerging-market stocks fell, extending their longest selloff since June as investors weighed the outlook for policy accommodation by global central banks. The Mexican peso declined after a poll showed Donald Trump leading in Ohio. The MSCI Emerging Markets Index slumped for a fourth day as volatility increased. Indonesia led a retreat in shares as benchmarks in China, Malaysia ...

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• 14 September

  Iran banking hobbled by timid West

  

    Bloomberg Despite hopes of a new dawn for Iran’s economy after nuclear-related sanctions were lifted, major Western banks are reluctant to do business with the Islamic republic for fear of US retribution. President Hassan Rouhani has said that to reach the target of eight-percent growth needed to modernise the industrial sector and relaunch the hobbled economy, Iran needs up ...

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• 14 September

  South Africa bank that gave Zuma loan says it stuck to regulations

  

    Bloomberg A South African bank that gave President Jacob Zuma a mortgage to settle a Constitutional Court order to repay taxpayers the money spent on upgrading his residence said it sticks to loan processes no matter who the client is. “In granting a loan, the usual processes and conditions apply no matter who the client may be,” VBS Mutual ...

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