Category: Economy

The Lure of Easy Money

Editor’s letter- Dina al-Wakeel In a blatant challenge to Western nations that have long dominated the global financial system, the BRICS emerging economics have decided to establish their own $50 billion development bank. Noble as the idea may be, its…

Eyeing Investment in India and Indonesia

With prospects for real growth ahead, the Fragile Five might not be as brittle as you thought. By Sameer Massis The US central bank is in no rush to raise interest rates. Even though the Fed minutes released last June…

As the Debt Grows

Most governments borrow money, but it’s how they spend it that counts. The Economist- Yusuf Mansur Jordan’s current debt-to-GDP ratio has been much higher in the past, so why is it suddenly attracting more grumbling than ever before? Net public…