Six Questions for Europe

Six Questions for Europe

photo: Images Money Key takeaway – Europe is in decline. To avoid decay, it needs to bridge the gap between aspirations and reality. As practiced, democracy is failing citizens and needs rethinking. Below-replacement fertility rates put the welfare state at risk. Rigid social structures induce risk-aversion and stifle innovation. Immigration-without-integration erodes social cohesion. Without fresh thinking […]

Guangdong: The Epicenter of China’s Rebalancing

Guangdong: The Epicenter of China’s Rebalancing

China’s southern province, Guangdong, is emerging as a globally important innovation zone and consumer market. It moves into the future as it builds a post-industrial society. The forces that once boosted Guangdong’s dramatic economic boom – industrialization, booming world trade, cheap labor and low-cost manufacturing – are fading. With the slowest growth pace in 25 […]

Green Microfinance: A Tool for Sustainable Business and Climate Action

Green Microfinance: A Tool for Sustainable Business and Climate Action

Silvia Fernández, a young widow, was not interested at first in a new energy-efficient refrigerator for her business, a bodega on a busy street of a poor neighborhood in Guadalajara, Mexico. She didn’t know what energy efficiency meant, but when she was told it would lower her electricity bill, she changed her mind. She worked […]

Fishing for a Bottom to Dollar-Yen

Fishing for a Bottom to Dollar-Yen

photo: faungg Since the initial spike higher when the BOJ provided some operational tweaks to its asset purchase program on December 18, the dollar has fallen 5.6% against the yen through Tuesday’s low near JPY116.70.  We had warned that the break of JPY120 would spur a move to JPY118, and the move below JPY118 targeted the August low near JPY116.20. While […]

Are Stars Aligning for Clean-Energy Financing?

Are Stars Aligning for Clean-Energy Financing?

photo: Maryland GovPics How sovereign and hybrid funds may help address climate change  One of the biggest bangs at the opening day of the Paris COP21 climate summit was without doubt the dual financing announcements by the Breakthrough Energy Coalition, led by Bill Gates and other high-net worth individuals, and the Mission Innovation, whose signatory governments have […]

‘Data-Facturing’ in the Internet of Things — a Shakeup Ahead?

‘Data-Facturing’ in the Internet of Things — a Shakeup Ahead?

Photo  by :  Keoni Cabral Many experts believe that the development and incorporation of internet-connected sensors – constituting the Internet of Things (IoT) – will optimize the production, consumption and maintenance of all types of existing products and services.  But the IoT, in conjunction with so-called artificial or augmented intelligence (AI), creates an emergent and […]

China’s Anti-Graft Drive Supports Resilient Growth

China’s Anti-Graft Drive Supports Resilient Growth

Photo Courtesy of :Democracy Chronicles As China’s anti-corruption drive is expanding from the public and corporate sector to financial institutions, some argue that it is hurting economic growth. In reality, it is the rule of law that can ensure China’s resilient growth. On taking office, top leader Xi Jinping vowed to crack down on “tigers […]

Is a Massive Earthquake Inevitable in Oklahoma?

Is a Massive Earthquake Inevitable in Oklahoma?

photo: Simon Fraser University When Americans speak of “the big one,” they’re talking about the potential for a super-massive earthquake that could essentially destroy most of quake-prone California. Now some scientists believe something similar could happen in the once geologically placid Oklahoma. Oklahoma was shaken late Wednesday night by two of the strongest earthquakes to hit […]

Don’t Believe Your Lying Eyes

Don’t Believe Your Lying Eyes

Chinese equities continued their precipitous decline, interrupted by the new circuit breakers, which reportedly will be suspended. Global equity markets are also in a dramatic decline. However, do not be misled. Knowing the direction of China’s blue chips (CSI 300) does not really help predict the direction of the US equity market, even though it […]