Monday, February 12, 2007

Macro funds scent risk in the global economy

Macro funds scent risk in the global economy

BY TOM BURROUGHES

The Business

10 Feb 2007



FOR all the buoyant earnings reports in Europe and America in recent days, risk levels are mounting in the global economy. While this is bad news for most investors, it is just what macro hedge funds had been waiting for. Macro hedge funds earn their... read more...

G7 talk up Japanese economy with warning against currency bets

G7 talk up Japanese economy with warning against currency bets

David Gow Essen

The Guardian

12 Feb 2007



Finance ministers from the leading industrialised countries sought at the weekend to call a halt to the continuing decline of the yen, insisting that Japan’s economic recovery after a decade of deflation was sustainable. The G7 group, including... read more...

Monday, February 05, 2007

U.S. case against China toWTO shows newmood

U.S. case against China toWTO shows newmood

By Elizabeth Price and Greg Hitt in Washington and Andrew Batson in Beijing

The Wall Street Journal Europe

05 Feb 2007



With its fresh complaint to the World Trade Organization over Chinese policies, President George W. Bush’s administration is playing to the increasingly tough mood on trade issues inWashington but risking a worsening of tensions with a major economic... read more...

G-7 ministers may tussle over yen, yuan weakness

G-7 ministers may tussle over yen, yuan weakness

By Joellen Perry

The Wall Street Journal Europe

05 Feb 2007



WHEN FINANCE ministers from the Group of Seven leading industrial nations meet in Germany this weekend, look out for a tussle over two Asian currencies. U.S. officials will continue to focus on China’s weak yuan. But European policy makers have said... read more...

Thursday, February 01, 2007

Economy Gained Strength In 2006

Economy Gained Strength In 2006

By Nell Henderson Washington Post Staff Writer

The Washington Post

01 Feb 2007



The U.S. economy turned in a surprisingly strong performance last year, new data show, growing 3.4 percent despite higher interest rates, high oil prices and the sharpest housing downturn in 15 years. The report from the Commerce Department, showing... read more...

The ‘Tax Gap’Myth

The ‘Tax Gap’Myth



The Wall Street Journal Europe

31 Jan 2007



When something sounds toogoodtobe true, it usually is. So now is an apt time to deconstruct the much-discussed U.S. “tax gap,” that mythical golden goose that the Beltway political class is counting on to fund its spending agenda. The “taxgap” is the... read more...

Booming Singapore ponders its poor

Booming Singapore ponders its poor

By Yaroslav Trofimov

The Wall Street Journal Europe

31 Jan 2007



SINGAPORE—During rush hour in Singapore’s ultramodern subway system, wrinkled old ladies squat on the underpass floor with handfuls of small tissue packets that they sell at one Singapore dollar, or 65 U.S. cents, apiece. These are the poor of... read more...