Nations rethink macroeconomic policies

It is difficult for countries to manage their macroeconomic policies to promote economic growth in today’s challenging global environment of slow growth, regardless whether the countries are in Asia, the eurozone or Latin America. This especially applies to countries like China, Japan, Germany and Brazil, among others who keep seeking… Continued

Oil prices continue to plummet

Oil prices have plunged by more than 40 percent in the last six months and if they go below $60 a barrel, and they should, they will register the lowest price since 2009. What are the oil prices telling us with this violent behavior? Is there a global demand problem… Continued

Japan’s recession to hurt US exports

To the surprise of many, Japan has pushed itself into another bad recession in the last two quarters of this year. An economic recession is defined as a negative growth rate in two consecutive quarters. This is exactly what happened to Japan when economic growth was negative 7.3 percent in… Continued

OPEC to discuss production cuts

OPEC will have its incoming meeting Nov. 27. This is a considerably important meeting for oil prices, global economic growth and all motorists in the world. OPEC has said that it will not cut its production and will let oil prices, which have already plunged by more than 25 percent… Continued

A look into the US economy

In my previous article, “Oil prices on surprising decline,” published Oct. 10, I indicated that in order to understand the signals coming to us from a major economic variable, it is important to read the signs coming from the variables associated with it. For example, to figure out the changes… Continued

Oil prices on surprising decline

Oil prices declined by 16 percent since the June high. Why are oil prices declining? What’s the role in the decline? While the oil price has fundamental and political components, are the Saudis trying to hit both? Has Saudi Arabia become more pivotal economically and politically and taken too much risk?… Continued

Scotland votes on independence

For 300 years, Scotland has been part of the United Kingdom, which includes England, Scotland, Wales, and Northern Ireland. Now there is a strong movement within Scotland that calls for independence. This movement believes that Scotland has given more within the union than it receives and it is better off… Continued

Rise of US dollar could prove viable

The U.S. dollar has appreciated by about 6 percent against major currencies, such as the euro and the yen, in the last two months. This comes on the heels of being beaten and pronounced undervalued by markets participants for the last six years. In fact, there are signs that the… Continued