Category: Asia

Ten years of cheap money

Ten years of cheap money

Some analysts talk about currency wars, others emphasize the acute problem of disinflation on trying to explain the process of cutting rates by central banks around the world. The fact is that we have eight years of monetary easing and much probably this process will continue the next two others. This year 24 central banks...

What can we expect from the New Development Bank of BRICS

What can we expect from the New Development Bank of BRICS

The so called BRICS countries (Brazil, Russia, India, China and South Africa) this time seems to take seriously. These countries have agreed to build a New Development and Investment International Bank. This new institution will be ready to operate within the end of this year.  Its headquarters will be in Shanghai and the potential of this...

INDIA, the next global leading economy

“INDIA” The next global leading economy

Not by much the economic and financial newspapers were talking about India’s biggest problem: the electricity. This has been for long time a key issue for Indian’s economy. Nowadays, newspapers are talking about the miracle of Indian’s economy. The economic growth for the past year was 7.5 % against China’s 7.3 %. For the next...

china-interest-rates

China cut interest rate again

The question is: what is going to do the China’s economy this year? Accelerating or slowing down respect to the previous year. People’s People’s Bank of China seems to be afraid from a hard landing, that’s why it cuts the interest rate by 0.25 % at the new record rate of 5.35 %. At the...