The Economist: News analysis and views
News analysis and views
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Currency collapse in Ukraine
The battle in Ukraine to stop the currency plummetingUkraines currency is plummeting in response to the countrys declining economic prospects and financing difficulties. With the IMF now having a major say in policy decisions, non-market solutions are improbable; instead, the aim is to achieve an or ...
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Environmental monitoring
Many eyes make light workTHE rich world abounds in environmental ideals but lacks biodiversity. The number of animals and plants that thrive in Europe and much of North America is only a fraction of those found in tropical regions. Too often people see environmental problems like climate change, def ...
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Financial literacy
An economist descends into the trenchesI SUPPOSE I could be described as financially literate. I have a doctorate in economics; my dissertation focused on financial decision-making. I write about economics and finance, and Ive worked in the financial industry, designing investment strategies. But, w ...
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Online spending in America
The American consumer unexpectedly splashes out on Black FridayRETAILERS did their best to entice shoppers to splash their cash on Black Friday, November 28th, the traditional start of the holiday shopping season. Massive discounts probably helped to get the shoppers to open their wallets and purses ...
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The ECB and the Bank of England are almost certain to cut interest rates, and other news
The ECB and the Bank of England are almost certain to cut interest rates, and other news REPRESENTATIVES of over 190 countries gather in Poznan, Poland, on Monday December 1st for UN sponsored climate-change talks. Ambitious plans to cut carbon-dioxide emissions may be put on the back-burner as coun ...
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The bullishness of private equity bosses rings hollow
The hollow bullishness of buy-out firms bossesLIKE professional wrestling, private equity has a butch subculture that is hard to take entirely seriously. One of its defining characteristics is never, ever, to admit to a mistake in public. By convention, most buy-out bosses maintain that they anticip ...
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Equities and bonds
Examining the yield gap between equities and bondsRECEIVING dividends should be the main motivation for long-term investors. The investment Methuselah who bought GBP100 worth of British equities back at the start of 2000 would have had GBP1.64m by the end of 2007, had he reinvested his dividends. Wi ...
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Three days after terrorists launched attacks in Mumbai, the fighting ends
At last Indias commercial capital is rid of its terrorist tormentorsON SATURDAY November 29th Ratan Tata, chairman of Indias Tata Group of businesses, surveyed the scene outside the majestic Taj Mahal hotel in Mumbai, which the groups founder commissioned over 110 years ago. Earlier that day, Indian ...
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Rediscovered Old Masters
Nothing excites the art market like finding what was lostTHE highlight of the Old Master sales in London this summer was a lovely little fete galante depicting a guitarist and an amorous couple painted by Jean-Antoine Watteau, a master of 18th-century French romanticism. Barely a foot square, La Sur ...
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Three days after terrorists launched an attack in Mumbai, the fighting ends
At last the terrorists are defeated in Mumbai, as India weighs its responseTHE basalt arch of the Gateway of India greets seaborne visitors to Mumbai, Indias commercial capital. Built to commemorate the arrival of King George V, it now symbolises the departure of Indias British rulers. On Wednesday ...
The Economist: News analysis and views
