Economics
What Will Common EU Unemployment Benefits Mean?
While the idea of a central budget authority has been widely discussed, the common unemployment benefit has been largely neglected by the press. The IMF announced last Wednesday that the
Ukraine Teeters Between the EU and Russia
Even if Ukraine-EU trade association agreements are signed, will they be harmful to Ukraine’s economy? Several weeks ago, signs suggested Ukraine was moving towards Europe when the government officially stated
Shanghai’s Free-Trade Zone Unclear on Key Details
Last Sunday, China’s newest free-trade zone was officially launched in Shanghai. This development demonstrates the government’s willingness to open up the financial system, internationalize its currency and ease restrictions to
Troika’s Greece Policy Is Still Not Working
Representatives of the troika – from the European Commission, European Central Bank and International Monetary Fund – are back in Athens for another review of progress in fiscal adjustment and
China’s North Korea Investments Safe Despite Export Ban
Investing in a place like North Korea is always fraught with danger, yet China’s assets in the hermit kingdom remain safe despite the export ban. Political risks are the major
US Shutdown Warm-up to Debt Ceiling Negotiations?
The Economist gave a blistering verdict on the political impasse in Congress today: “Once a stalwart of good governance, America looks like a rodeo clown”. How has it come to
Slovenia is Still Standing in Line for a Bailout
Should Slovenia fail to stabilise its economy in the upcoming weeks it will probably be forced to ask for a bailout from the European Union, the Governor of the Bank
Is China’s Housing Bubble About to Burst?
In the past few months, the debate surrounding China’s housing bubble has become increasingly controversial. Many fear that the housing bubble is about to burst, and some argue that this
Can Scotland and Catalonia afford independence?
Scotland will hold a referendum in 2014 to allow its people to choose whether they wish to stay in the United Kingdom or become an independent nation. If the majority
Is India Saved by the Federal Bell?
The U.S. Federal Reserve shocked the market on 18 September 2013. Ben Bernanke said the Fed would postpone tapering its USD 85 billion per month bond buying program possibly until
