Banks cannot invest in Iran without US guarantees on August 28, 2016John Kerry, US secretary of state, unveiled a historic deal with Iran in July 2015. This was supposed to be a key part of the Obama legacy: in exchange for Tehran freezing its nuclear programme, Washington pledged to lift many sanctions — a move that was supposed to enable money to flow into Iran again […]
Corporate tax reform is vital to boosting Americas growth on August 28, 2016After more than a year of campaigning, the Republican and Democrat nominees have entered a sprint towards polling day. And, as Donald Trump and Hillary Clinton begin to outline their economic visions for restoring growth and improving the living standards of the American people, they should stress one essential ingredient: capital formation. Capital formation is […]
Oil: The great rebalancing on July 23, 2016On June 8, the price of Brent crude ticked above $50 a barrel for the first time since August 2015. But the new $50-plus era came to an end two days later, amid a broader selloff that affected multiple asset classes. Energy analysts with Credit Suisse’s Global Markets team point out, however, that both supply […]
The chronic spin that blights Chinas economy on July 16, 2016The palest ink is better than the best memory. China’s vast lexicon of idioms is replete with reverence for the reliability of the written word. But the country that started writing on oracle bones more than 3,000 years ago finds itself the victim of a dangerous information gap. A wholesale breakdown in the reliability of […]
Nintendo has ventured into a scary world on July 16, 2016There is nothing like a craze. Pokémon Go, the augmented reality video game that uses smartphones to overlay Nintendo’s pocket monster characters on real-life locations, is taking over the world. Since its release last week in the US and other countries, players are gathering in parks and running into restaurants, hunting Pikachu and other animals. […]
FDI in Iran soars with sanctions relief g Economic rebound as country climbs regional FDI rankings on June 26, 2016The withdrawal of many economic and financial sanctions in Iran has reopened the county’s economy to a stream of new investments. Data from fDi Markets, an FT service that monitors cross-border greenfield investment, shows that before the lifting of sanctions, Iran was ranked 12th out of the 14 Middle East nations for FDI between January […]