The World Has Reserves About Its Reserve Currency

Aug 07, 2020

In a Reuters article dated August 5, with the title “As dollar slides, some investors fret about its status as world's reserve currency,” Saqib Iqbal Ahmed signals what may be the indicator of a looming seismic shift in the global economy. The article highlights the ever more visible fragility...

Beijing’s BRI Hubris Comes at a Price
Aug 03, 2020

Beijing’s BRI Hubris Comes at a Price

Morocco Looks to a Future After COVID-19
Jul 29, 2020

Morocco Looks to a Future After COVID-19

Is the Search for a COVID-19 Vaccine a Ponzi Scheme?
Jul 27, 2020

Is the Search for a COVID-19 Vaccine a Ponzi Scheme?

What Has COVID-19 Done to Small Businesses?

What Has COVID-19 Done to Small Businesses?

Jul 27, 2020

Small and medium-sized enterprises (SMEs) are businesses with revenues, assets or employees below a certain threshold. SMEs are important to the health of any country as they tend to form the backbone of the economy. When compared to large enterprises, SMEs are generally greater in...

Only Losers Pay Taxes: Apple and the Ingenuity of Tax Avoidance

Only Losers Pay Taxes: Apple and the Ingenuity of Tax Avoidance

Jul 24, 2020

July 15 was a very good day for Apple. Not so much for the European Commission, nor for the Organisation for Economic Co-operation and Development (OECD). What happened? In 2016, the European Commission (EC), following a lengthy investigation, ruled that Ireland had granted Apple “illegal tax...

The Wirecard Debacle Calls for a Rethink

The Wirecard Debacle Calls for a Rethink

Jul 01, 2020

Wirecard AG, the Munich-based payments and financial services company that was a member of the DAX index of Germany’s 30 leading blue-chip stocks, collapsed spectacularly and filed for insolvency on June 25. Among many lessons, this disaster has revealed major gaps in audit...

How Will COVID-19 Impact Our Economy?

How Will COVID-19 Impact Our Economy?

Jun 26, 2020

Editor’s Note: These are unprecedented times. A global pandemic has changed life as we know it. In recent months, Fair Observer has examined the crisis through political, economic and social lenses, publishing articles from around the world. The result is three 360° series that we urge you to...

COVID-19 Puts the Brakes on the “World’s Fastest City”

COVID-19 Puts the Brakes on the “World’s Fastest City”

Jun 15, 2020

Dubai — memorably called the world’s fastest city by author and analyst Jim Krane — was already traveling in the slow lane when COVID-19 arrived. The Gulf city-state is one of seven that make up the United Arab Emirates. It had survived the crash of 2009 and thrived anew on...

Banking Regulation in the Euro Area: Germany Is Different

Banking Regulation in the Euro Area: Germany Is Different

May 13, 2020

Two reports published in early 2020 shed new light on this challenge. The European Central Bank’s (ECB) risk report on less-significant institutions is the first of what is intended to be an annual series. The impact assessment study on the most important differences between...

Five Urgent Economic Reforms for India

Five Urgent Economic Reforms for India

May 05, 2020

US President Donald Trump had already taken a sledgehammer to the export-led growth model. With the COVID-19 pandemic rousing primal passions, hitherto unfashionable ideas are emerging like Dracula from their grave. Protecting infant industries to improve future competitive advantage or strategic...

What Will Post-Pandemic Economics Look Like?

What Will Post-Pandemic Economics Look Like?

May 01, 2020

You pay little attention to the systems of your body — circulatory, digestive, pulmonary — unless something goes wrong. These automatic systems ordinarily go about their business, like unseen clockwork, while you think about a vexing problem at work, drink your morning cup of coffee, walk up...

Fintech: Embracing the Digital Age in the Time of Social Distancing

Fintech: Embracing the Digital Age in the Time of Social Distancing

The COVID-19 global pandemic has become a make-it-or-break-it moment for many businesses, particularly startups and industry disruptors. With market forces and rules being reshaped daily at lightning speed, large swaths of the world have been forced to adopt technology and embrace the digital age...

Buybacks and Self-Consumption in a Hyperreal Economy

Buybacks and Self-Consumption in a Hyperreal Economy

Apr 14, 2020

With the second monumental bailout of wealthy corporations in a little over a decade, the public is beginning to discover both the shabby reality and the hyperreal absurdity of a financial practice termed “stock buybacks.” It sounds innocent, as if it described a process by which conscientious...

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