Category Archives: World Economy

Brazil’s European Dream

Why Brasilia sees the euro crisis as a once-in-a-generation opportunity.

The news that Brazil has overtaken Britain to become the world’s sixth largest economic power is being touted as a sign that that the longtime “country of the future” has finally arrived. While the celebrations have been somewhat muted by concerns over slowing GDP growth and the country’s still-heavy dependence on high energy and food prices, Brazil is heading into the coming global showcases of both the 2014 World Cup and the 2016 Summer Olympics with more than its usual swagger.


Analysis: Turning point in the currency war

(Reuters) – A counteroffensive of sorts may be underway this year in what has seemed like a one-sided “global currency war” as developing economies slow, western money-printing pauses and the heat comes out of pumped-up emerging market currencies.

Democrats vs. Dictators: 2012

The return of World Leader March Madness: check out the results of today’s games, as the dictators get ready to rumble.


Corporations Have No Use for Borders

What happened to Canada? It used to be the country we would flee to if life in the United States became unpalatable. No nuclear weapons. No huge military-industrial complex. Universal health care. Funding for the arts. A good record on the environment.

Best Friends with Benefits

How Angela Merkel and Nicolas Sarkozy got their groove on.

BERLIN — It’s an old story: Impetuous boy meets staid girl, who rolls her eyes at his shenanigans, then succumbs to his charms.

Into the sunset — or off to the Élysée Palace — they ride.

How China’s Boom Caused the Financial Crisis

Since the 2008 financial crisis, Wall Street has been the perpetual whipping boy for the ensuing recession that has rocked the global economy. In the United States, Manhattan bankers relied too heavily on subprime mortgages, the story goes, sparking the crisis — in bureaucratic jargon, what is dubbed a “regulatory oversight failure.”…

The Myth of Japan’s Failure

DESPITE some small signs of optimism about the United States economy, unemployment is still high, and the country seems stalled.