From Turkey to Brazil to Iran the global middle class are demanding accountable governments and a fairer share of economic resources.
David Rohde: The global middle class awakens
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A new Day for Lululemon
Photo Credit: Getty Images/Kevork Djansezian
Premium workout wear maker Lululemon Athletica Inc will not have an easy job replacing Chief Executive Christine Day
Clyde Russell: China crude imports not as soft as data suggest
The weakness in China’s crude imports and apparent oil consumption is starting to look at odds with other economic indicators.
John Kemp: Saudi Arabia must decide OPEC’s response to shale
Saudi Arabia’s Oil Minister al-Naimi. Photo Credit: Reuters/Leonhard Foeger
If OPEC is eventually forced to trim its oil exports in response to the shale boom, Saudi Arabia will have to shoulder most of the production cuts.
Anatole Kaletsky: The many interpretations of Ben Bernanke
Photo Credit: Reuters/Gary Cameron
On May 22 in Washington, Federal Reserve Chairman Ben Bernanke presented congressional testimony that repeated, virtually word for word, statements about U.S. monetary policy he has been making since last September.
Nicholas Wapshott: Austerity is a moral issue
The economics of austerity are only half the story. Austerity is a moral issue, too.
Policy patience seen wearing thin as yen drops
Photo Credit: Reuters/Toru Hanai
The yen’s fall past 100 per dollar highlights growing concerns about ultra-loose monetary policy around the globe and raises the prospect that policymakers elsewhere may take action to protect their economies from a tide of hot money.
Is Europe losing faith in the E.U.?
Happy Europe Day — a day to reflect on the growing perils to the E.U.
Lawrence Summers: The lessons of Reinhart-Rogoff
Photo Credit: Getty Images/Alex Wong
The economics commentariat and no small part of the political debate in recent weeks has been consumed with the controversy surrounding the work of my Harvard colleagues (and friends) Carmen Reinhart and Ken Rogoff (RR).
Deadly industrial accidents of the past two decades
Photo Credit: Reuters/Mike Stone
Here is a list of at some of the world’s worst industrial accidents in the last 20 years after a deadly explosion and fire at a fertilizer plant in the small Texas town of West (above) earlier this week.
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