IMF sees Mexican economy on the right track

On November 25, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Mexico. Over the last year, Mexico has maintained macroeconomic policy continuity, while pursuing an ambitious agenda of growth-enhancing reforms. Reforms have already been approved to upgrade education, make labor markets more flexible, and foster competition in … Continue reading IMF sees Mexican economy on the right track

British Airways to fly Rotterdam-London City

British Airways will - due to growing demand - open a new route between Rotterdam The Hague Airport and London City Airport in March 2014. The new service will see a Saab SF-2000 turboprop aircraft (leased from Eastern Airways) fly up and down five times a day. The 50-passenger Saab SF-2000 will be replaced from … Continue reading British Airways to fly Rotterdam-London City

Will a cabinet reshuffle save the Polish government?

By Remi Adekoya Prime Minister Donald Tusk has seen his popularity tank in recent months. The party he leads, Civic Platform (PO), is hardly in better shape. The latest TNS Polska poll showed the ruling party trailing its biggest rival opposition Law and Justice by 9 percentage points. Recent weeks have seen financial scandals come … Continue reading Will a cabinet reshuffle save the Polish government?

Israelis, Saudis and the Iranian Agreement

By George Friedman A deal between Iran and the P-5+1 (the five permanent members of the U.N. Security Council plus Germany) was reached Saturday night. The Iranians agreed to certain limitations on their nuclear program while the P-5+1 agreed to remove certain economic sanctions. The next negotiation, scheduled for six months from now depending on … Continue reading Israelis, Saudis and the Iranian Agreement

How to Stop Elite Republican Plans to Take the GOP Down The Way of the Whigs

by Ralph Benko Amidst the Democratic Party meltdown might elite Republican Party  operatives snatch defeat from the jaws of victory?  Don’t rule it out.   Many elite Republicans lust to steer their party the way of the Whigs. The Whigs?  This month a candidate of the Whig Party, long believed extinct, won an election for the … Continue reading How to Stop Elite Republican Plans to Take the GOP Down The Way of the Whigs

Better Urban Transport and Access to Public Services in Rio

More than 11 million people living in Rio de Janeiro’s Metropolitan Area will benefit from new policies designed to better integrate different modes of the city’s transport system. The Enhancing Public Management for Service Delivery in Rio de Janeiro Program, a US$ 500 million policy loan approved by the World Bank Board of Directors will also … Continue reading Better Urban Transport and Access to Public Services in Rio

Google Flights is the ultimate traveller’s tool

By Arnout Nuijt If you are a frequent flyer you may have struggled more than once to find the information you wanted on the net when booking your next trip. Try for instance to find out from what airports you can fly to Perugia for that short holiday in Umbria. You would have to search … Continue reading Google Flights is the ultimate traveller’s tool

The Aligment Factor launched on Brazilian market

The Portuguese version of Rotterdam School of Management Professor Cees van Riel’s highly acclaimed book entitled “The Alignment Factor – Leveraging the Power of Total Stakeholder Support”, published last year, has now been presented in Brazil as well with talks in Itaú, São Paulo and Belo Horizonte. Entitled “Reputação: o valor estratégico do engajamento de … Continue reading The Aligment Factor launched on Brazilian market

Letter from Tangier

By Reva Bhalla Morocco rarely figures into international news headlines these days,  something of a virtue in this restive part of the world. The term Maghreb, which  translates as "land of the setting sun," eventually came to denote a stretch of  land starting in the Western Sahara and running through the Atlas Mountains and  ending … Continue reading Letter from Tangier

Global economy still recovering at moderate pace but more risks ahead

The global economy is expected to continue expanding at a moderate pace over the coming two years, but policymakers must ensure that instability in financial markets and underlying fragility in some major economies are not allowed to derail growth, according to the OECD’s latest Economic Outlook. Growth in the United States is projected at a … Continue reading Global economy still recovering at moderate pace but more risks ahead

Let John Boehner fix Obamacare

by Ralph Benko Better the loss of office than of honor. If he cannot prevent the botch of Obamacare from becoming a blunder  the honorable course for President Obama is to resign, together with his vice president, from office.  Let John Boehner — next in line of  succession — assume the office of the presidency … Continue reading Let John Boehner fix Obamacare

Port of Rotterdam looks beyond 2040

The Port of Rotterdam Authority has had the Club of Rome models applied to the port of Rotterdam: what do the expected increase in the world population, scarcity of raw materials, agricultural land and fossil fuels, etc. mean for the development of the port in the period up to 2100? The study suggests that there … Continue reading Port of Rotterdam looks beyond 2040

Economic Climate Index for Latin America remains stable

The Ifo/FGV Economic Climate Index for Latin America (ECI) - developed in partnership between the German Ifo Institute and the FGV taking as a data source the Ifo World Economic Survey (WES) – repeated in October the result of the last survey in July (4.4 points). The stability was determined by the combination of worsening … Continue reading Economic Climate Index for Latin America remains stable

ECB improves climate for equities

The surprise but welcome rate cut by the European Central Bank (ECB) has improved the climate for equities, says Robeco’s portfolio manager for Global Allocations. The rally in share prices driven by extra liquidity from monetary easing throughout this year is likely to continue, Lukas Daalder believes.  As a result, Robeco Asset Allocation has increased … Continue reading ECB improves climate for equities

The U.S.-Iran Talks: Ideology and Necessity

By George Friedman The talks between Iran and the Western powers have ended but have not failed. They will reconvene next week. That in itself is a dramatic change from the past, when such talks invariably began in failure. In my book The Next Decade, I argued that the United States and Iran would move … Continue reading The U.S.-Iran Talks: Ideology and Necessity

Mr. Obama, I Am Unhappy That Obamacare Threatens To Kill Me

by Ralph Benko Will Barack Obama kill, or financially ruin, me?  Interesting question. This columnist is one of the, reportedly, millions whose health insurance (much of good quality and affordable) has fallen prey to an Obamacare “Death Panel.”  My insurance policy of long standing, apparently, will disappear on January 1. My efforts to replace it, … Continue reading Mr. Obama, I Am Unhappy That Obamacare Threatens To Kill Me

EU citizens pay 20 times too much for traffic noise reduction

Until 2017, European governments will be spending  125 billion euros for noise barriers, quieter roads and measures related to the negative effects of traffic noise, including damage to health. However, by simply making cars quieter, the total cost to the taxpayer could be reduced by a factor of twenty. All the more remarkable, then, that … Continue reading EU citizens pay 20 times too much for traffic noise reduction

LatAm container handling growing at lower pace

The region's sluggish exports and slower growth prospects for the world economy carried over from late 2012 have accentuated the slowdown in port activity during the first half of 2013, according to ECLAC figures. Panama's Colon is still leading the region's container ports, followed by Santos (Brazil) and in third place Balboa (also Panama). Both … Continue reading LatAm container handling growing at lower pace

China’s Inevitable Changes

By Rodger Baker and John Minnich The Central Committee of the Communist Party of China will convene its Third  Plenum meeting Nov. 9. During the three-day session, President Xi Jinping's  administration will outline core reforms to guide its policymaking for the next  decade. The Chinese government would have the world believe that Xi's will be  … Continue reading China’s Inevitable Changes

For the Tea Party and GOP to Unite and Win, Follow the (Shrinking) Money

by Ralph Benko What is the next direction in the Republican Civil War? Best guess:  Follow the Money. Americans feel their dollars shrinking.  We don’t like it. And we are groping for a way to stop it. The left is reported shamelessly cheerleading for a  bout of inflation in no less than the lead story … Continue reading For the Tea Party and GOP to Unite and Win, Follow the (Shrinking) Money

Latin American and Caribbean unemployment rate could fall to 6.2% in 2013

The Latin American and Caribbean region could end the year with an urban unemployment rate of between 6.2% and 6.3%, which would be slightly lower than 6.4% recorded in 2012, according to the latest projections from the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labour Organization (ILO). According to the … Continue reading Latin American and Caribbean unemployment rate could fall to 6.2% in 2013

IMF: Mozambique to improve business climate

An International Monetary Fund (IMF) team, led by Doris Ross, visited Mozambique during October 16-30, 2013, to hold discussions towards the first review under the three-year Policy Support Instrument (PSI) approved in June 2013. A summary of the team's findings follows below. The team met with the Prime Minister, Hon. Alberto Vaquina, and held policy … Continue reading IMF: Mozambique to improve business climate