“Every study on inequality, of course, challenges the structures not only of the economy but also of the world we live in, and these questions are not always welcome. […] the main idea is that we have a perfect system and it should not be questioned.” (Branko Milanovic) The world has experienced a deep change […]
Most global equity markets are on a tear this year, which has many investors fretting about abundant complacency. The fact is, that despite recent strong gains, I don’t expect a recession anytime soon. The vast majority of major economies are seeing solid growth that continues to improve all the time, even as we navigate event […]
The Monetary Divergence The Federal Reserve, as widely expected, announced on March the 15th that it intends to raise interest rate to 0.75% to 1%, up from the 0.5% to 0.75% range set in December 2016. This is the third rate hike from the FED since the financial crisis. The Federal Open Market Committee (the FOMC, the interest rate-setting body […]
Who follows the African politics was certainly pleased by the military and diplomatic intervention in Gambia performed by ECOWAS in early 2017. Code name: Restore democracy. After the defeat in the December election, the incumbent president Yahya Jammeh, who led the country for 22 years of terror and repression, refuse to relinquish power. This opens […]
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