Monday, February 8, 2016
  1. Politics

    China’s Rule of Fear

    Minxin Pei
    Politics

    China’s Rule of Fear

    0

     warns that the totalitarian relics inhabiting the country's institutions are being dusted off.

    Armed policemen in China

    China is once again gripped by fear. From the inner sanctum of the Chinese Communist Party to university lecture halls and executive suites, the specter of harsh accusations and harsher punishment is stalking China’s political, intellectual, and business elites. READ MORE

  2. Economics

    The Global Economy’s New Abnormal

    Nouriel Roubini
    Economics

    The Global Economy’s New Abnormal

    25

     breaks down the factors underlying the spike in market volatility since the beginning of the year.

    Globe

    Since the beginning of the year, the world economy has faced a new bout of severe financial market volatility, marked by sharply falling prices for equities and other risky assets. A variety of factors are at work – and will remain so throughout 2016 and beyond. READ MORE

  3. World Affairs

    The Great Populists

    Jacek Rostowski
    World Affairs

    The Great Populists

    11

     says that a new breed of politicians poses a new set of risks to the West.

    Donald Trump rally Yin Bogu/Xinhua via ZUMA Wire

    The rise of a new kind of political leader – as seen in Russia, Turkey, Hungary, and Poland – constitutes a new threat to the global order. If this type, in the form of US presidential candidate Donald Trump and French National Front leader Marine Le Pen, wins in the heart of the West, the risks to stability will rise sharply. READ MORE

  4. Politics

    Oil Dictator Dominos

    Bill Emmott
    Politics

    Oil Dictator Dominos

    6

     thinks that collapsing hydrocarbon prices could topple Central Asia's authoritarian regimes.

    Dominoes

    The dramatic drop in hydrocarbon prices will produce economic winners and losers. But the biggest dangers will be political, especially for rigid authoritarian regimes that have depended on high oil prices to remain in power. READ MORE

  5. Economics

    Japan’s Wrong Way Out

    Adair Turner
    Economics

    Japan’s Wrong Way Out

    11

     doubts that the recent introduction of negative interest rates will boost inflation and demand.

    Shibuya, Japan

    Financial markets were surprised by the Bank of Japan’s recent introduction of negative interest rates on certain commercial bank reserves. The problem is that neither negative interest rates nor further expansion of the BOJ’s already huge program of quantitative easing will be sufficient to offset strong deflationary forces. READ MORE

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