Currency War Series

RBI Governor to return to academia; August rate cut decision to depend on June inflation figures

Jun 20, 2016 07:02 am UTC| Commentary Central Banks Economy

On Saturday, RBI Governor Raghuram Rajan told the RBI staff that he will return to academia after his term with the RBI ends on September 4. There were some negative reactions in the local markets as the exit of Rajan...

Nigeria: a corrupt culture or the result of a particular history?

Jun 20, 2016 06:59 am UTC| Insights & Views Law Economy

Just before the anti-corruption summit in London, British Prime Minister David Cameron made his now infamous public gaffe in a rather a silly, schoolboyish way. He boasted to the Queen: Weve got some leaders of some...

South Africans pay the price for a poorly regulated telecoms sector

Jun 20, 2016 06:57 am UTC| Insights & Views Economy

Telecommunications clearly facilitate economic growth and participation. As such, countries should care about competitive outcomes in this sector. When competition works it can result in expanded services and lower prices,...

US housing starts fall slightly in May; homebuilding activity outlook remains favorable

Jun 20, 2016 05:58 am UTC| Commentary Economy

Housing starts in the USdropped slightly by 3,000 units in May to 1,164k as compared with the consensus projections of a deeper decline to 1,150k. Meanwhile, Aprils figures were revised downward, subtracting 5,000 from the...

Canada’s May headline inflation slows on food prices

Jun 20, 2016 05:48 am UTC| Commentary Economy

Canadas inflation in the month of Mayslowed a bit to 1.5 percent year-on-year as compared with Aprils 1.7 percent year-on-year. Meanwhile, the core inflation, excluding the eight most volatile items, slowed slightly to 2.1...

IMF’s Lagarde urges Britons to stay in the EU since its membership made UK richer

Jun 17, 2016 12:29 pm UTC| Commentary Economy

The Managing Director of the International Monetary Fund, Christine Lagarde, while speaking at a public event in Vienna, reiterated that a Brexit remains the biggest threat to the UK economy, urging Britons to stay within...

Taiwan’s export orders likely to have rebounded in May

Jun 17, 2016 11:27 am UTC| Commentary Economy

Taiwans export orders are likely to have rebounded in May. In the previous month, export orders growth had slowed to -11.1 percent year-on-year from Marchs -4.7 percent year-on-year. The slowdown in April was mainly due to...