The debt ceiling and why we should kill it: 5 questions answered

Jul 21, 2019 12:15 pm UTC| Insights & Views Economy

Editors note: The U.S. government maxed out its national credit card in March and has been moving money around ever since to avoid running out of cash. Very soon the Treasury Department will reach the limits of this...

South Africa's carbon tax matters -- for the economy and tackling climate change

Jul 21, 2019 11:56 am UTC| Insights & Views Economy

Carbon tax is likely to be an effective way of mitigating greenhouse gas emissions, which lead to climate change and have negative consequences for human life. But the carbon tax thats been introduced in South Africa could...

South Africa's state owned companies: a complex history that's seldom told

Jul 21, 2019 11:56 am UTC| Insights & Views Economy

The problems of South Africas state owned enterprises are in the headlines every day. Yet many have existed for over 80 years. Why were they established in the first place and how have they survived this long? Their...

Global Geopolitical Series: U.S. Commerce announces duties on Chinese steel racks to counter malpractice

Jul 19, 2019 07:54 am UTC| Commentary Economy

In a continuation of the toughened stance against both Allies and adversaries, the U.S. Commerce Department imposed duties on steel racks and parts from China. The United States, in 2017, imported $200 million worth of the...

Australian bonds remain range-bound in muted trading session; RBA’s Lowe, Kent speeches eyed

Jul 19, 2019 04:25 am UTC| Commentary Economy

Australian government bonds traded range bound during Asian session Friday amid a muted trading session that witnessed data of little economic significance ahead of the Reserve Bank of Australias Phillip Lowe and...

South Africans are upbeat about new technologies, but worried about jobs

Jul 18, 2019 23:41 pm UTC| Insights & Views Economy

Powerful new technologies are emerging that will continue to affect individuals in multiple ways. This has led to references to a Fourth Industrial Revolution a new era involving the application of digitisation and...

U.S. Treasuries gain slightly ahead of weekly initial jobless claims, FOMC members’ speeches

Jul 18, 2019 10:03 am UTC| Commentary Economy

The U.S. Treasuries slightly gained during Thursdays afternoon session, ahead of the countrys weekly initial jobless claims, besides, the Philly Fed and Conference Boards Leading indices, all scheduled to be released today...