India’s war on foreign tech risks misfiring
4 Aug 2022
Big Tech in finance? There’s a regulator for that
1 Aug 2022
Cerberus, J.C. Flowers put Indian bad debt on map
29 Jul 2022
Global food crisis demands urgent Western response
25 Jul 2022
Gary Gensler has set the SEC on a perilous path
22 Jul 2022
What an honest British prime minister would say
11 Jul 2022
It’s time to rediscover the importance of interest
30 Jun 2022
Investors need to learn to ride inflation cycle
23 Jun 2022
Central bankers forget the lessons of the 1970s
16 Jun 2022
Inflation-shy investors try on “least dirty shirt”
9 Jun 2022
Thoma Bravo is riding the tech downturn
2 Aug 2022
Walmart inflation alarm, Unilever’s pricey remedy
28 Jul 2022
China’s multi-layered property crisis explained
21 Jul 2022
ESG is more of a muddle than a fiddle
19 Jul 2022
Japan’s post-Abe future, Europe’s currency problem
14 Jul 2022
Baulked of the Bank of England governorship, and under fire for the FSA's dropped catches, Howard Davies is heading for academia. So ends a stellar career. Another management consultant has been beaten by actually having to manage something.
But can he turn gamekeeper? That's the question investors are asking as William Donaldson is chosen to head the US financial watchdog. If he can use his Wall Street credentials in Joe Kennedylike fashion, Donaldson may restore credibility to the SEC.
The arrival of John Snow at the Treasury and Stephen Friedman as adviser is sure to accelerate a plan to revive economic growth. It's almost inevitable that this plan's ingredients will include a shift towards a weaker dollar, exportled growth and imported inflation.
About time, too. His term was marked by gaffes and the administration's inconsistent economic policies. But now that Bush has no SEC or Treasury chief, he has nobody to blame for the economy's performance.
There has been much debate about the possible political consequences of a war on Iraq, but little about the economic costs. That does not mean it s not worth trying. Here is a gruesome sumoftheparts of what war in Iraq might cost the US.
Chancellor Gordon Brown's fiscal rules allow less growth to mean more borrowing unlike the Eurozone s discredited stability pact. But Britain's economy isn't doing particularly badly. Brown's policy isn't being stresstested yet.
Pitt's successor needs a better feel for the markets. The SEC's first head, Joe Kennedy, was a successful speculator in the roaring `20s. The next chair should have a reputation for integrity and a profound understanding of the tricks that companies and investment banks play.