Ukraine On The Verge Of Collapse In a WSJ piece President Poroshenko focuses only on reforms and progress WASHINGTON – Ukrainian President Petro Poroshenko recently authored an upbeat op-ed piece for the WSJ in which he painted...
The Financial Times Paints Rosy Picture Of Spain’s Economic Tragedy A recent story focused on higher economic growth. It deliberately downplays Spain's 24% unemployment rate WASHINGTON – The Financial Times is read by top executives and business leaders. And this is because supposedly it is...
China Exports Excess Capacity Below Cost US producers displaced by Chinese dumping WASHINGTON – In order to build strong defenses against the ill effects of the 2008 Great Recession China launched a...
Can Greece Be Saved? Negotiators still believe that there is a "solution" that will allow Greece to stay in the Eurozone and pay its debts WASHINGTON – The latest round of negotiations aimed at solving the Greek crisis (Yes, 6 years later we are...
Amtrak Tragedy Turned Into An Ugly Political Argument DEemocrats immediately argued that the train derailed because of chronic under investment willed by the Republicans in Congress. Not a shred of evidence WASHINGTON – In this venomous Washington political climate nobody can resist the temptation to turn even a tragedy into...
How Bad Is The Chinese Economy? Recent central bank moves and stories from China point to a larger crisis WASHINGTON – China’s economy is sputtering. There are plenty of bad signs, beginning with slower growth, declining trade figures, and rising numbers...
David Cameron Won – But Britain’s Future Remains Uncertain Scotland wants independence, while the UK economy is still under performing WASHINGTON – After the surprise Conservative victory in the May 7 British national elections, David Cameron can feel vindicated....
Is China Cooking the Books On Economic Growth? Western economists challenge Beijing's figures. Growth is probably 5% or less, and not 7%, as stated by Beijing WASHINGTON – We all know that China’s economy is slowing down. No more 10% growth, year after year. Still,...
In China The Economy Is Still Run By The State The Economist magazine discussed economic reforms without even mentioning the Chinese Communist Party WASHINGTON – The highly regarded The Economist weekly magazine has a Leader (we call it Editorial in America) about...
Europe Sliding Into Irrelevance High debt, no innovation, and no opportunity paint a grim picture. Draghi's QE will solve nothing WASHINGTON – Here is today’s Europe. Stagnating economies, non-existent innovation, high debt caused by unaffordable pensions and other...