Saudi Arabia is paying a heavy price for Iran's global rehabilitation
Jan 05, 2016 12:11 pm UTC| Insights & Views
As 2015 drew to a close, you could have been forgiven for cautious optimism as far as Saudi-Iranian relations were concerned. With the years-in-the-making nuclear deal finally sealed, Iran had finally been brought in from...
As El Niño rains arrive, Los Angeles shunts precious water to sea
Jan 05, 2016 11:45 am UTC| Insights & Views Nature
If ever a city was built to be resilient to heavy rains, it is Los Angeles. And yet, El Niño is about to test just how resilient the city is in the short term to flooding, and even more importantly, how resilient it...
More Mexicans are leaving the US than coming
Jan 05, 2016 11:36 am UTC| Insights & Views
During the most recent Republican debate, Donald Trump declared people are pouring across the southern border. Trump is right that the United States has been a major immigrant destination since the 1960s, but if he is...
China's stock market is in for a turbulent 2016
Jan 05, 2016 11:02 am UTC| Insights & Views
The Shanghai stock market has had a rough start to the New Year. Bourses are down and trading was halted on its opening day after the market plunged, triggering the new circuit-breaker mechanism designed to limit...
Euro to end 2016 with a weaker tone
Jan 05, 2016 10:50 am UTC| Insights & Views
Year 2015 was definitely not a smooth path for the Euro. It started with the ECB surprising markets by announcing what came across as open-ended QE. Markets got excited and kept driving the Euro down, until the Fed pushed...
Five reasons why hiring 'private police' is a bad idea
Jan 05, 2016 10:50 am UTC| Insights & Views
For the past five years, the British government has been cutting funding for the police. Police numbers have fallen by 10% since 2010, leaving forces around the country struggling. There was great relief in November...
CNY index confirms more gains for USD/CNY in store
Jan 05, 2016 10:29 am UTC| Insights & Views
After opening with further steep losses, Chinese equities staged a recovery to small gains, but were back down modestly on the day by early afternoon. The FX markets attention will likely remain on the CNY, given that...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects