Age of Wisdom, Age of Foolishness (18) Written by Adam Whitehead, KeySignals.com The Elephant in the European Living Room Last week the United Nations was the stage for numerous politically correct speeches, from urbane Western diplomats, ostracizing President Putin in an attempt to place him “beyond the Pale” of 21st Century civilised politics. President Putin’s …
Tag Archives: China
Stratfor: New Investment Platforms Raise Questions for China’s Banking System
from Stratfor The growth of large online investment platforms has captured the attention of Chinese authorities in recent months. Non-state enterprises such as Alibaba Group Holding Ltd., which runs the e-commerce website Taobao, and Tencent Holdings Ltd., a social media conglomerate that runs the popular WeChat online messaging program, are an emerging force in China’s …
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Stratfor: The Asian Status Quo
by Robert D. Kaplan and Matt Gerken Arguably the greatest book on political realism in the 20th century was University of Chicago Professor Hans J. Morgenthau’s Politics Among Nations: The Struggle for Power and Peace, published in 1948. In that seminal work, Morgenthau defines the status quo as “the maintenance of the distribution of power that …
Brent Oil Faces Headwinds in 2014
In reviewing the EIA weekly petroleum report, the oil imports figure came in at 6.889 (Million Barrels per Day) for the week ending 01/10/14. This number compared to a year ago 8.030 (Million Barrels per Day) puts a nice cap on the downtrend which really started gaining steam in 2010 onward.
Manufacturers’ Lack of Confidence
So far three regional manufacturing PMIs have been flash estimated for January: euro area, U.S., and China. These three also represent the largest global economic weights by many measures, including the purchasing power parity measure.