A worrying news item on Bloomberg can be read here. A Chinese steel company cannot pay its short term working capital loans. It has suspended production, and, "The company has been having
A sharply oversold market is now ready for a bounce. For India, Infosys results due on Friday morning may set the undertone for the next few days. The market is
A concerted rate cut was probably the last of the market boosting measures by the U.S. fed. This has happened. Yet, the market is not impressed, with the Dow down
The wheel has turned full circle. After the 1980's effectively de-regulated the financial services industry in the U.K., regulation is back in fashion. Not just regulation, but public ownership of
Fortunately, for India, this is not a crisis, just a fallout from a crisis affecting the western world. For Europe and America, it is a crisis. At voxeu.org, a paper
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