S&P downgrades debt of energy companies

Brokers Sanford Bernstein also warn that UK and other European banks have sizeable exposure to Glencore and other commodity traders

STANDARD & Poor’s has downgraded the debt of numerous US, European and emerging market energy companies while brokers Sanford Bernstein … Read the rest

Tackling the Curse of High Unemployment

WESTERN and emerging nations require common-sense policies and lateral, innovative thinking to combat the curse of high unemployment.

Dated macro monetary and fiscal policies have not worked in the new high-tech robot age of artificial intelligence, so much so that … Read the rest

Grappling with Jobless Numbers

DESPITE measures by the governments, unemployment in OECD countries is still two million higher than in 2011. Policymakers need to think out of the box as both monetary and fiscal policies have failed to dent the lengthy queues of people … Read the rest

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