GERMANY is entering a period of deep political and economic uncertainty as there is no guarantee that Angela Merkel will remain Chancellor until the end of her term in 2021.
The 16 per cent decline in the DAX, the German … Read the rest
Several global markets are in bear territory
Global markets continue to struggle following the steep slides in recent weeks.
Applying the 20 per cent or more decline as a bear market definition, several countries are now caught in a vicious downtrend. Even markets that have so far … Read the rest
Governments will struggle to counter next recession
The International Monetary Fund (IMF) and other institutions are grappling with strategies to counter a severe economic downturn.
Ahead of the coming IMF meetings, the institution’s second chapter in its annual report discusses current and possible policies. The question is … Read the rest
Oil price strength signals critical phase in coming months
The oil market is likely to volatile during the coming northern hemisphere winter
After subsiding by US$10 to $70.50 a barrel during the summer, Brent crude oil prices bottomed mid-August and surged to $86 a barrel before dipping slightly. The … Read the rest