It Seems the oil producing countries are beginning to sweat. It finally dawned upon them that their oil revenues are in trouble, and turbulent, if not perilous, financial times are ahead. Continue reading “Selling the Family Heirlooms?”
Month: July 2017
The Dangers of Neo Liberal Economics
The Dangers of Neo Liberal Economics
For years, criticism has been mounting against the Neo Liberal Economic principals espoused by the International Monetary Fund (IMF), and applied on all countries that stumble economically and seek the IMF’s help. Continue reading “The Dangers of Neo Liberal Economics”
Volvo Switches to Electric Cars
DAILY BASKET – NEWS COMMENTARY
Volvo Switches to Electric Cars
MARSAL COMMENTS: As off 2019, Volvo will phase out petrol engines and produce electric cars. All the other big manufacturers are already in different stages of producing electric cars (pure or hybrid). Tesla, the US electric car manufacturer, will face serious and increasing competition from the big boys armed with economies of scale, marketing muscle power and deep pockets. Continue reading “Volvo Switches to Electric Cars”
Bunnies Are Good For Your Old Age!
DAILY BASKET – NEWS COMMENTARY
Bunnies Are Good For Your Old Age!
MARSAL COMMENTS: This is in response to a dear reader’s comment that most of our articles are alarming and gloomy, and suggested that: “We need happy headlines, something with bunnies 
and sunshine 
“. Continue reading “Bunnies Are Good For Your Old Age!”
Air India for Sale
DAILY BASKET – NEWS COMMENTARY
Air India for Sale
MARSAL COMMENTS: The Indian government is planning to sell its “white elephant”, Air India. It continues to make losses and had to be bailed in 2012 with $4.5 Billion of government money. Despite that, it still has $ 8 Billion of debt. Not a very appetizing Continue reading “Air India for Sale”
US Steps on Chinese Toes
DAILY BASKET – NEWS COMMENTARY
US Steps on Chinese Toes
MARSAL COMMENTS: The US announcement that it will sell Taiwan $ 1.42 Billion of weapons has China hopping mad. This is not what Trump tacitly agreed with Xi, China’s leader.
Taiwan is a red line for China, and using it to pressure China whether on North Korea, South China Sea or world trade, is rather crass of the US. It seems diplomacy has been put to sleep. Continue reading “US Steps on Chinese Toes”
US Trade War?
DAILY BASKET – NEWS COMMENTARY
US Trade War?
MARSAL COMMENTS: President Trump seems determined to “Make America Great Again”. One obvious step is to reduce the trade deficit with the world. The US imports far more than it exports. The simple and fast way to do that may be to levy import tariffs on products from the main US trading partners; China and Germany. Continue reading “US Trade War?”