Search Results for: Middle East
Being Pro-West Doesn’t Mean Being Anti-Russian
August 13th, 2014
The recent events in Ukraine and the resulting wave of sanctions, affecting all sides of the conflict, have once again intensified the long-running disagreement in Russia between pro-West and anti-West factions. Facebook is full of passionate arguments as yesterday’s ...
European Stocks Advance as BMW Beats Earnings Forecasts
August 5th, 2014
European stocks rose, rebounding from four days of losses, as companies including Bayerische Motoren Werke AG and Credit Agricole SA reported better-than-expected quarterly profit. U.S. stock futures were little changed, while Asian shares fell. BMW and Deutsche Post AG ...
Egypt Cuts Tax Breaks for Fuel; Few Protest
July 18th, 2014
When President Anwar el-Sadat of Egypt said he intended to raise the price of flour, rice and other subsidized goods in 1977, he ignited days of riots that left more than 70 people dead and stood as a lasting ...
Technical Analysis AUD/USD – Resistance at 0.9425 Looms Large Again
July 8th, 2014
Technical Analysis AUD/USD for Tuesday, July 8, 2014 To start this week the Australian dollar is slowly trying to edge higher and regain some of the lost ground from late last week. The Australian dollar enjoyed a solid surge ...
US central bank cuts growth forecast for 2014
June 19th, 2014
The US Federal Reserve has cut its growth forecast for 2014 because of the harsh winter weather. The central bank is now predicting growth of between 2.1% and 2.3% for this year, down from its March forecast of 2.8% ...
Dear Investors: China’s Problems Are Your Problems
May 27th, 2014
I have long argued that it will take a sizable shock to switch the current “risk on” investment climate to one of “risk off.” The robust U.S. stock market persists even though the housing recovery has stagnated, labor markets ...
What the Kenya Railroad Says About China’s Approach to Africa
May 14th, 2014
When China’s Prime Minister Li Keqiang announced a deal with Kenya to establish a new railroad, whose first stage will link the port city of Mombasa to the capital, Nairobi, he framed the arrangement in terms familiar to Sino-African ...
Russia Knows Europe Sanctions Ineffective With Tax Havens
May 5th, 2014
Two years ago, a Dutch law firm prepared a pitch in Moscow to Russian businesses: come to the Netherlands and we can help you avoid taxes and keep your assets safe. “You can rely on our legal system!” the ...
Europe Stock-Index Futures Little Changed on Fed Remarks
April 17th, 2014
European stock-index futures were little changed, with equities heading for a weekly gain, as Federal Reserve Chair Janet Yellen reiterated the central bank will continue to support the economy. U.S. index futures were little changed, while Asian shares rose. ...
Putin Could Stop Selling Gas to Ukraine. Here’s Why He Won’t
April 14th, 2014
For a time this week, Vladimir Putin looked ready to turn off the gas. In an April 10 letter to 18 European heads of state, he warned that Russia could “completely or partially cease gas deliveries” to Ukraine, in ...
