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Many Western governments are willing to climb any mountain and pay any price to save lives. In the process, many of them are also politicizing their response to the coronavirus pandemic while acting too late and too meekly, setting the stage for what is yet to come. The West can learn a lot from...
The dawn of a new decade always comes alongside predictions of how the stock market will perform over the next 10 years. The start of the 2020s has not been an exception, with analysts predicting everything from a roaring bull market to a global recession, in some cases sequentially. This...
As COVID-19 continues to impact markets and national and global economies, it is worthwhile noting that Gulf economies were already slowing before the virus hit the region. A comprehensive assessment by London-based Capital Economics, released on February 25 but based on statistics up to...
At a time when commodity markets are slowing down, when China and the United States are quarreling to reshape global supply chains to their benefit, with climate change adversely affecting emerging markets and the coronavirus outbreak threatening business continuity worldwide, Latin American...
The gig economy has exploded over the last decade, and now it seems like you can’t throw a rock without hitting someone who makes a living through it. Companies like Uber and Lyft rely on gig workers as an integral part of their business model, and increasingly more businesses are starting to...
While Saudi Arabia powers forward on mega projects favored by Crown Prince Mohammed bin Salman, the push to build more than 1 million affordable homes for the kingdom has had its struggles. The housing minister, Majid al-Hogail, outlined some of the difficulties in an interview in...
Since the beginning of European colonialism in the 16th century, adventurers and investors have responded to the opportunities that exist to control entire zones where they can freely extract raw materials without being bothered by the local populations who may find them invasive. The traditional...
Andy Serwer, editor-in-chief of Yahoo Finance, has just addressed an open letter to Donald Trump. He begins by congratulating the billionaire president of the United States on the current success of the American economy before segueing into a polite but acerbic critique of Trump’s legacy, in...
The public must decide: Should billionaires be taxed out of existence, banished from the republic or forced to do the bidding of the poor one day in the year in a modern version of the medieval “Feast of Fools”? Put another way, the media have decided that the fisticuffs, in particular between...
Shortly after the turn of the 20th century, American muckraker Upton Sinclair published “The Jungle,” a searing account of the savage working conditions in Chicago’s meatpacking industry. Such a mind-boggling exposé of exploited workers laboring amid rotten, contaminated and diseased meat,...
Interviewed on CNBC, Leon Cooperman, described by Marketwatch as the “billionaire boss at Omega Advisors,” complained ominously about the prospect of Elizabeth Warren or Bernie Sanders being elected US president. He explained why it would be bad for the economy. The author of the article,...
