To paraphrase the New Economist, the Financial Times must think the world is flat.  They just gave Tom Friedman the inaugural Financial Times/ Goldman Sachs book prize last week - for a book based on…

It doesn't really matter (if the oil exporters suddenly dump their savings in Asia)I suspect Kevin Drum is right: Dubai Ports World will not, in the end, take over the US operations of P&O.    Dubai …

In the past, I have noted that oil exporters saved rather than spent the windfall from the surge in oil prices.    The IMF calculated that the average oil producer in the Middle East “spent” 30% and …

That quote doesn't come from me -- but from someone with a bit more authority: Jim Caron, co-head of global interest rate strategy at Morgan Stanley (quoted by Michael MacKenzie in Monday's Financial…