The African towns falling into decline and poverty after mining companies use resources then exit
Jan 17, 2017 14:05 pm UTC| Insights & Views
The town of Fria in Guinea was built around bauxite mining in 1957. It used to have good facilities: water, electricity, schools, housing and hospitals. But since the last company mining there began to decrease activities...
Europe must open up to new ideas about the secular state
Jan 17, 2017 14:01 pm UTC| Insights & Views
Religion is one of the toughest challenges facing modern secular societies in their search for identity, equality and cohesion. Its increasingly a stronger source of identity than nationality or ethnicity for minorities...
In Mexico, gas is fueling the flames of revolt
Jan 17, 2017 13:53 pm UTC| Insights & Views
It is already clear that 2017 will be a difficult year for Mexico and not just because it will (or wont) have to pay for a big, beautiful wall. On New Years Day, gas prices in the country jumped 14% to 20% after the...
Was 2016 the year the world turned its back on free trade?
Jan 17, 2017 13:51 pm UTC| Insights & Views Economy
Fear of and misunderstanding about free trade and globalisation brought us a turbulent 2016. And the last few months have been a wake-up call about the dramatic slowdown in international trade, presaging a major change in...
What we can all learn from the VW emissions saga
Jan 17, 2017 13:47 pm UTC| Insights & Views Business
A year and a half after the US Environmental Protection Agency (EPA) alleged Volkswagen had installed software to circumvent emissions standards, the company has plead guilty to three criminal felony counts. Volkswagen...
UK versus US CPI - Done with upbeat UK inflationary prints? What next with US inflation?
Jan 17, 2017 12:40 pm UTC| Insights & Views Commentary
UK CPI inflation continued its surge in December, as the annual rate firmed to 1.6% y/y from 1.2% y/y in November, the highest since July 2014, well above expectations (CON: 1.4%, LBCB: 1.3%). The CPI core rate (excluding...
FxWirePro: Is Norwegian Krona unfrozen, not yet cooking? Uphold NOK longs
Jan 17, 2017 12:12 pm UTC| Research & Analysis Insights & Views
The forecast envisages a second successive year of NOK appreciation, albeit at 5% the magnitude of the move is expected to be somewhat less than in 2016. The year-end forecast for EUR/NOK is pinned at 8.60. NOK broke...