so I am not sure how much weight to put in their current forecasts. Most summarily dismissed our concerns that the recovery earlier this year had elements of a stimulus-driven mirage. Bridgewater Associates was the only firm we spoke to that consistently highlighted the broader...
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US politicians or European regulators. If we get to the point where economic and profit fundamentals in a given market or region are not sustainable on their own
we should not have interpreted positive economic data earlier this year as being highly representative of the true run-rate of the US economy. The same goes for the global economy
going back some 40 years now. What social or economic budget items would we forgo to make up the ₪12 billion gap if this assistance disappears?
economic woes and corruption will continue to bedevil even the best-run governments in the region. Divisions will beset the protest movements
and has allowed us to join the Obama Pivot towards Asia. We stay long Japan and EM Asia in equities on stronger signs of an economic rebound in the East
registered in the international centers as Saudi islands. Only the demarcation of the maritime borders has been done. Both Egypt and Saudi Arabia has not relinquished any part of their territories. The demarcation of the border came for reasons of economic benefits that could be...
that view is on track. Spain in particular is in difficult shape (see page 5); its banks and government may have to borrow 1.5 trillion Euros over the next 12 months while in recession. Both the ECB and EU will need to keep the spigot open to prevent Spain from becoming a bigge...
Freedom House 2. Marginalizing the opposition: As noted above, authoritarian leaders use their media power to paint critics as knaves or buffoons. Especially through television coverage, opposition figures are presented as clownish, effeminate, shady, elitist, or enslaved by for...
3 to either Israel or Egypt and it will be delivered by truck. Sea access must remain blocked to prevent weapons smuggling. The Israeli position defies a brutal truth: last year’s flotilla made a big difference for the people of Gaza — at a terrible cost in lives — by refocusin...
Recourse to the Fund’s Assets The Fund’s assets, including any investments made by the Fund and any funds held by the Fund, are available to satisfy all liabilities and other obligations of the Fund. If the Fund becomes subject to a liability, parties seeking to have the liabili...
183 technologies. It is unclear how the United Kingdom’s Brexit plan will affect the stated desire of the UK government to ensure that critical technologies do not fall into Chinese hands. For years, the Chinese telecom behemoth Huawei has provided broadband gear and mobile net...
… with scientists reforming China’s research and technology base. He received an invitation from Song Jian, then a State councilor and chairman of the State Science and Technology Com- mission. At the time he was developing a parallel business career and became president of The G...
solution is to devolve commercial banks into their separate deposit and lending functions, with separate stockholders and only incidental interaction. It is best for the free market to do this alone. The omnibus fund could be the decisive innovation. It too is possible today. I...
BREAKING DOWN DEMOCRACY: Goals, Strategies, and Methods of Modern Authoritarians who have little interest in the democratizing mission traditionally espoused by mainstream parties with deep roots in the global struggles of the 20th century. The new mood is reflected in the democ...