Alan Blinder, an economics professor at Princeton University and former Federal Reserve vice chairman, talks with Bloomberg's Kathleen Hays from Princeton, New Jersey, about the impact of record oil prices and home foreclosures on the U.S. economy, the outlook for growth and Federal Reserve monetary policy.
Source: Bloomberg
The windfall of record high oil prices is visible in GCC countries' economic boom. UAE's real estate market has been booming for years despite the increased raw material cost and shortage of contractors to meet the demand.
Source: FT.com
Founding father of modern Singapore and the Minister Mentor Lee Kuan Yew talks about the objectives of Singapore's sovereign wealth fund with Bloomberg.
After years of stagnation, is Germany showing signs of strength?
Can USA avoid a deep recession with strong exports to developing economies such as India & China?
Source: FT.com
Is there a lose correlation between the US$ weakness and oil price? A similar relationship holds for other commodities? Agriculture, the emerging hedge against weak dollar?
Source: Bloomberg 16-Apr 2008.
George Soros on credit crunch and the cycle of boom & bust, the role of market fundamentalism, credit rating agencies, deregulation & globalization.
Source: Bloomberg
George Soros on credit crunch and the cycle of boom & bust, the role of market fundamentalism, credit rating agencies, deregulation & globalization.
Source: Bloomberg
Rice being the cheapest is the dearest staple food for the poorest of the world. The leading exporters of the rice are restricting the exports to avoid local crisis. The retail margins in the import markets are coming under pressure. The increase in grains such as wheat and corn will also feed into the price of diary products and meat.
The European Union s Trade Commissioner Peter Mandelson talks with Bloomberg s Paul George in London about the EU s relationship with China and the world trade negotiations. Any EU confrontation with China over human-rights issues would hurt people in both places without changing Chinese behavior, Mandelson said.
Source: Bloomberg
Many of the potential sub-prime customers are unable to get credit for house purchases. The need for housing is still there but the potential customers are deprived of the credit to make the purchases.
Source: Bloomberg