Author: |Posted: 3:31 pm on 20/04/09
Category: Faisal Islam on Economics
The world is in an era of epic economics. So huge are the challenges, they will define domestic politics for years. Forget about the right answers, politicians are only just beginning to come up with the right questions.
And in this strange new world there often is no right answer. The international aspects of the crunch are becoming matters of diplomacy. The credit crisis is intertwined with a fitful dispersion of financial muscle to the world’s new industrial powers from what you might call the highly indebted rich countries. read more
Author: |Posted: 12:22 pm on 04/03/09
Category: World News Blog
SINGAPORE – When Gordon Brown said that he wouldn’t be dictated to by “a few speculators who want to make money out of Britain,” he was talking about Jim Rogers. Peter Mandelson called Mr Rogers “foolish“.
Those were understandable responses to Mr Rogers’ assertions that post-oil-and-credit-boom Britain “had nothing left to sell” and that “sterling is finished”.
On the way back from my trip to China, I decided to pop in on him in Singapore, and find out if he was a maestro or madman. read more