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Monthly Archives: June 2014
Indonesia’s economic election: cut the ballooning fuel subsidy
A lowering growth rate in the first quarter creates a toxic mix with the government’s other reality — that it is surrounded by a both a budget and current account deficit.
Spain wins the World Cup bonus game
Spain tops the list of countries that will give their players the highest bonus package for clinching the soccer title, more than double what the Brazilians or Germans would get, even as it’s still suffering the consequences of the euro crisis.
The ECB explains its rate cuts
In his determination to protect Europe’s economy governor Mario Draghi cut interest rates to a record level, bringing one benchmark rate below zero.
Rising global food prices set off alarm bells
International prices of food increased by 4% between January and April 2014 putting an end to a downward trend sustained since August 2012.
Brazil’s GDP revise marks critical point for central bank
As more and more protesters take to the streets the central bank must come up with an accurate growth strategy to redesign its grim economic outlook.
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