202 Results for:

September 18, 2008

China
Morgan Stanley/ CIC

Reuters is reporting that Morgan Stanley has approached the China Investment Corporation (CIC) for additional capital; it isn’t just talking to Wachovia. It order to get the equity it needs, the …

September 20, 2008

China
Wachovia/ Morgan Stanley/ CIC?

The reporting from Asia on Friday suggested limits to the CIC’s interest in Morgan Stanley. Restrictions on the ability of foreign banks to participate in the “TARP” (the current acronym for the b…

October 28, 2008

Financial Markets
JP Morgan is now forecasting a global recession

Via Martin Wolf and Nouriel Roubini comes the latest global forecast from JP Morgan: "Once again, we have taken an axe to near-term growth forecasts for the developed world and will likely follow up…

September 23, 2004

United States
The currency strategist at Morgan Stanley might want to talk to the chief economist at Morgan Stanley

Steve Johnson’s market insight column in Thursday’s Financial Times keys off Morgan Stanley’s currency strategist Stephen Jen’s argument that "As long as Asia insists on staying inside this dollar ar…

August 6, 2018

Zimbabwe
The Likely Way Out of Zimbabwe's Election Crisis

Mnangagwa's victory was promptly and shamefully endorsed by African Union observers and those from the Southern African Development Community, but questioned by observers from the European Union, the National Democratic institute and the International Republican Institute, and, most important, the Zimbabwe Election Support Network, a local NGO umbrella that deployed 6,500 observers around the country.

Zimbabwe-Election-Police-Chamisa

June 14, 2018

United States
Happy Birthday to the U.S. Army!

The United States Army celebrates its 243nd birthday today. If you see an active duty, former, or retired member of the United States Army today, wish their service Happy Birthday. The Army websit…

Army Birthday 2018

May 9, 2018

Iran Nuclear Agreement
Iran: Keep Your Finger Off the Cyber Button

Tehran could respond to the U.S. withdrawal from the Iran nuclear deal with cyber operations against U.S. companies. If it does, that might give the hawks in the White House the excuse they need to t…

John Bolton Iran Nuclear Deal

January 10, 2018

Zimbabwe
Mnangagwa Tightens the Screws in Zimbabwe

In the short term, Mnangagwa’s strategy of economic liberalization while maintaining Mugabe’s illiberal political system (despite some new faces at the top) is likely to succeed.

Zimbabwe-Mnangagwa-Mzembi-Mugabe-Grace

September 19, 2006

Financial Markets
The problem with fair value calculations … JP Morgan, the dollar and China

Drausio Giacomelli’s model for long-term effective real exchange rates indicates that the yen is undervalued by 9%, just a shade more than the dollar – which is undervalued by 8%.     The South Afric…

October 27, 2004

Financial Markets
Morgan Stanley: China does not rely much on export led growth

Sometimes you read something and it makes you stop, because it is at odds with your existing sense of how the world economy is working. Drossos and Kinbrough’s argument that China does not rely on a…