I think this is potentially very good news.   It is not quite Tom Barnett's scenario - that would imply BP and Exxon buying up Chinese oil firms or building infrastructure to supply the Chinese marke…

The health of the US economy - and for that matter the world economy - hinges on the sustained flow of capital from the world's emerging economies to the US.   The health of the US economy also depen…

The latest news:  Iran, worried about sanctions, is shifting its assets from Europe to Southeast Asia.   Iran probably holds its reserves in euros, not dollars -- but if it did hold dollars, they ce…

Maybe the US would be better off if China owned Unocal's Asian oil fields Not economically.  Unocal's oil and gas fields are presumably worth a bit more now than they were last summer.  But strategic…

As usual, Gross has a lot of smart things to say about limits on cross border investment in a no-longer-quite-so-flat world -- or what he calls globalization a la carte. Limits on cross-border invest…