Talking Point 2023/2024 – Why Is My Economic Rice So Expensive?  CNA Read the full article…

To speculate about the possible demise of “King Dollar” seems to have an irresistible allure for financial pundits. Febrile opinions gyrate from “it’s coming with irreversible speed” to “this will never happen”. I have great difficulties sharing the excitement. “World currencies” come and go and the world doesn’t stop for that. Any currency promising to […]

I was shocked they had mashed potatoes. A couple of my mentors and I were doing some teaching in a remote village in the Amazon rainforest. The locals told us that an American was running a café in town; to our great surprise, it had great food. The current strong economy might be an even […]

How far can this process of deglobalisation – decoupling, reshoring, call it what you will – go before it ends in a truly fragmented world economy? Or can the process be reversed by political change in major economies? According to speakers at a recent gathering of senior international officials in Singapore, things could get much […]

Advertisement Advertisement Region attracted $9.2 billion in investments, 58,000 jobs in the past year November 10, 2023 at 8:00 p.m. by Dave Flessner Staff file photo by Matt Hamilton / Visitors applaud during a 2022 launch celebration for the Volkswagen ID.4 electric SUV at the Chattanooga Volkswagen assembly plant. TUPELO, Miss. — TVA helped attract […]

The United States and China agreed on Friday that they would not seek to “decouple” their economies and pledged to take steps to improve the business climates for American and Chinese companies operating in both countries, a significant step toward thawing relations between the world’s largest economies. Treasury Secretary Janet L. Yellen said after two […]

The BRICS alliance kick-started the de-dollarization initiative this year and is finding multiple alternatives to end the U.S. dollar supremacy. From BRICS expansion, to plans of creating a new currency, and dumping U.S. dollars in the foreign exchange market, the bloc is trying it all. BRICS confirmed after the 15th summit in August that dethroning […]

The Sunbelt and Mountain West states are seeing economic prosperity during a time when most of the country is bracing for a slowdown. These states are getting a boost from investments in electric vehicle and semiconductor production facilities there, as well as population growth. A flood of investment in semiconductor and electric vehicle production in […]

OVER the course of many decades, the 10-year US Treasury bond has held its reputation as a reliable refuge during periods of economic turbulence. However, an unusual turn of events has unfolded, as even the traditionally risk-averse sentiment tied to the escalating Israeli-Palestinian conflict has proven ineffective in halting the rapid ascent of US bond […]

Russian President Vladimir Putin. Sergei Guneyev Russia is no longer scared of western sanctions, a Kremlin spokesperson said last week. There are signs the economy is resilient, with growth holding firm and total wealth increasing in 2022. But western embargoes are still affecting Russia, as exports plunge and the ruble craters. Russia says it isn’t […]