Sometimes, it seems that all stories now connect to Qatar. Last week, it was David Beckham signing for the super-rich club Paris Saint-Germain, owned by the Qatar Investment Authority. Earlier last month, it was revealed that al-Jazeera, the hugely powerful Qatari broadcaster, was launching in America, where it was once known as "terror TV". Why has this tiny Gulf state – the richest country in the world per capita, largely thanks to natural gas – become so active, so attention-grabbing?
Economia e Finanza
Based on its regular economic and monetary analyses, the Governing Council decided at its meeting on 7 February to keep the key ECB interest rates unchanged.
TOKYO – While the world focuses on the gathering of cardinals in Rome to choose a successor to Pope Benedict XVI, a similar conclave is underway in Tokyo to choose the Bank of Japan’s (BOJ) next governor. And, as with the deliberations at the Vatican, politics, not doctrinal debate, is underpinning the decision-making process in Japan.
MEXICO CITY – For a glimpse of the average American’s understanding of the relationship between the United States and Mexico, one only has to watch the critically acclaimed television series Breaking Bad. Set in Albuquerque, New Mexico, a few hundred miles from the border, the series chronicles the rise and fall of Walter White, a high school chemistry teacher who becomes a methamphetamine tycoon.
Politicians, pundits and economists are all forecasting horrific impacts on the U.S. economy as sequestration hits Friday. The basis for this view is the standard — Keynesian — claim that spending cuts slow economic growth, perhaps even causing a recession.
What to do about Cyprus?
Newly elected President Nicos Anastasiades wasted no time setting out his stall for negotiations on a possible €17 billion ($22.14 billion) bailout required before the country runs out of money in June: "I want to be absolutely clear. Absolutely no reference to a haircut on public debt or deposits will be tolerated. Such an issue isn't even up for discussion," he told Parliament on his first day in office.
Based on its regular economic and monetary analyses, the Governing Council decided at its meeting on 10 January to keep the key ECB interest rates unchanged. HICP infl ation rates have declined over recent months, as anticipated, and are expected to fall below 2% this year. Over the policy-relevant horizon, infl ationary pressures should remain contained.
As part of our series looking at the future of American energy, The Financialist spoke to Osmar Abib, global head of Credit Suisse’s oil and gas investment banking group, about the rise of natural gas production in the U.S., thanks in large part to the development of shale gas fields.
Last month, Jorge Botti, the head of Fedecámaras, Venezuela's business federation, explained that unless the government supplies more dollars to pay for imports, shortages -- from food to medicine -- would be inevitable. "What we will give Fedecámaras is not more dollars but more headaches," replied acting president Nicolas Maduro, the heir apparent to the Chavista regime (and Hugo Chávez's vice president).
Pagina 10 di 28