COMMENTS: As Brexit sputters, stops and restarts, the potential heirs are vying for the largest share of the estate. Frankfurt was the first to dash into the arena to attract the financial and investment institutions, followed by Dublin and Luxembourg. Now, Paris has joined the fray and seems to have Continue reading “Who Inherits the UK Financial Center?”
Will Iran Sanctions Speed De-Dollarization?
COMMENTS: The insistence of the US to implement its harsh sanctions on Iran while at the same time implementing sanctions on Russia, China, North Korea, Venezuela, etc. And threatening the EU and the rest of the world, if they move a finger in Iran’s aid, might in the end turn cornered victims into roaring lions. Continue reading “Will Iran Sanctions Speed De-Dollarization?”
Egyptian Central Bank Helps SME’s
COMMENTS: The SME bank loans is a growing problem in Egypt. The Egyptian central bank has now addressed it via an initiative to forgive the accrued Continue reading “Egyptian Central Bank Helps SME’s”
Inflation in Egypt
COMMENTS: Inflation was expected in Egypt after the IMF induced austerity measures of 2016 that included floating the Egyptian pound, raising taxes and reduction subsidies. The June 2018 figures indicate that “urban consumer” inflation rose to 14.4% from 11.4% Continue reading “Inflation in Egypt”
Ronaldo is the reason for strike at Fiat Factories
COMMENTS: Fiat workers are livid that the owners of Fiat and the Italian Juventas football club are spending approx 88 million pounds sterling (approx. US$ 116 mill) to buy Ronaldo from Real Madrid Club. They plan to go on strike demanding that thecompany spend Continue reading “Ronaldo is the reason for strike at Fiat Factories”
China’s Strongest Weapon: The Yuan
COMMENTS: For the second time in two weeks, the Yuan (China’s currency) has dropped. However, this time it seemed to be an intentional central bank policy – or so claimed by the West. The Yuan dropped 0.73% on Continue reading “China’s Strongest Weapon: The Yuan”
M&A in the Middle East on the Rise
COMMENTS: MENA money has been restructuring its portfolios to adapt to the changing economic in the region as well as turbulent and changing geopolitical actions worldwide. Merger and acquisition (M&A) activity continues to be robust and after a big decline in Continue reading “M&A in the Middle East on the Rise”
Iraq Demonstrations Impact Oil Production
COMMENTS: The many years of external and internal conflict in Iraq has resulted in impoverishment of the masses. Now, Basrah, the center of southern oil production is in turmoil as riots are spreading demanding jobs in the oil producing sector. So far one demonstrator has been shot by Continue reading “Iraq Demonstrations Impact Oil Production”
OIL PRODUCERS AND CONSUMERS ARE THE FINAL LOSERS
Oil prices have risen rapidly this year and are expected, by some, to head higher – possibly towards US$ 100 per barrel. This is alarming to many, who consider such a rise as devastating to the economic growth prospects of many countries. Hence, the panic and scramble to do something, regardless of how effective it would be. Continue reading “OIL PRODUCERS AND CONSUMERS ARE THE FINAL LOSERS”
Sanctions: The Mother of Carrot and Stick Policies
US foreign policy is ever so clever. It uses only two simple tools to achieve its commendable goals of spreading peace, prosperity and democracy throughout the World.
These two tools are derived from the “Carrot and Stick” concept, which was historically used in training children, Continue reading “Sanctions: The Mother of Carrot and Stick Policies”