Pimco warns US structural issues not being dealt with nor problems abroad
Pimco CEO and co-CIO Mohamed El-Erian spoke with Bloomberg Television’s Betty Liu, Scarlet Fu and Dominic Chu about the Friday jobs report and the global economy.
On jobs, El-Erian said that ‘let’s not also forget…
Read more »
Precious metals trounce stocks in best January for decades
The New Year rally in global stock markets saw the S&P gain four per cent in its best January since 1994. But 10 and 19 per cent gains respectively for gold and silver comfortably beat…
Read more »
US stocks and bonds point in opposite directions to recovery or recession
Market observers can be forgiven for hedging their bets or keeping quiet this month. The rise in the US stock market is consistent with an economic recovery while the fall in bond yields points to…
Read more »
Is the Facebook IPO another Google or more like AOL/Time Warner?
The Facebook IPO circus is in town. Is this the greatest show on earth or a massive con-trick? $100 billion for a website run by a 26 year old? You have been warned.
The readership…
Read more »
16th eurozone summit in two years fails to agree on Greek debt deal
European leaders left their 16th summit in two years last night without the deal on the Greek debt crisis promised for this week. The Greek negotiations completely overshadowed the event where 25 nations agreed to…
Read more »
Is Europe losing patience with Greece or Greece with Europe?
The interminably long Greek debt crisis seems to be finally coming to a head this week and will be a defining moment for 2012. If international banks can swallow the painful medicine of debt and…
Read more »
Not the Davos economic forum live from Dubai!
Not invited to the World Economic Forum in Davos, Switzerland last week ArabianMoney editor and publisher Peter Cooper joined Sandra Mergulhão from MyDubaiMyCity.com to discuss some of the main issues from an Arabian point of…
Read more »
No it’s not different this time warns Professor Ken Rogoff
Professor Ken Rogoff warned that things are not going to be any different this time and that business leaders are underestimating the impact of the eurozone crisis in an interview last week in Davos with…
Read more »
Dow ends week down 0.5% despite a surprise from the Fed
Even another 18 months of low interest rates from the Fed could not prevent the Dow Jones closing 0.5 per cent down last week, while the S&P 500 just scraped a 0.1 per cent gain.…
Read more »
IMF chief not ‘terribly positive’ about Greek debt outlook
International Monetary Fund Managing Director Christine Lagarde discusses Greece’s progress on structural overhauls and the role of the IMF in avoiding a default.
She admitted to being not ‘terribly positive’ about the outlook, and spoke…
Read more »
