HSBC has published its end of the year report on the risks world economy will face in 2016. HSBC considers 'good' risks – the reestablishment of capital investment in the USA, and the inflow of capital into the American economy. There are two 'monstrous' risks, recession in the USA, and mistaken monetary policy in the US Federal Reserve.
Beijing is looking forward to November 30. On that day Chinese politicians and financiers will achieve their big dream - the Board of Directors of the IMF will include the yuan into the international reserves currency basket. October 1, 2016 the yuan will officially lift its global profile.
For the first time, China has taken Canada's place as the US's largest trading partner. This is related to the energy crisis that reduced the value of Canadian oil. On the other hand, trade turnover between the US and Russia fell by a third over the past year.
Product placement in each new Bond movie, of which the latest is “007-Spectre,” makes each film closer and closer to an advertising catalogue. Would it be possible to create an investment portfolio of shares in all these top-end goods – and make money on it?
After September 11, US's vulnerability and failure to combat terrorism, be it operations in Afghanistan or Iraq, is inextricably linked to US's geopolitical disaster. But these tendencies have changed and Washington is regaining its position of influence on the international political arena.
Rivalry between the US and China is heating up with TPP purposely created to supplant both ASEAN and APEC. The trade agreement – based on the abolition of customs duties on goods and services within the Asia-Pacific region has a lot of dangers for those in the partnership, meanwhile it presents no threat to Russia, but what does it mean for China?
What does TPP mean for Russia on the Asia-Pacific market, following Obama's passing of TPA, which enables the US President to make foreign trade deals in the next six years without Congress overseeing any details, and now TPP. Russian players face an exceptionally high chance of having to make on-the-fly alterations to suit new game rules.
People's Bank of China sold US Treasuries for more than $90 billion in August. What will happen if China keeps on dumping such a massive share of its dollar reserves or, even worse, increases the sales? Theoretically, the appearance of such a large seller could crash any market and cause very unpleasant consequences for the US.
Russia's biggest corporations lag behind their American counterparts in every respect, except in revenue growth – although they do lead in the category of 'most loss-making company'. RBC published its first version of a Top-500 list for Russia's largest corporations.
President and CEO of the Federal Reserve Bank of New York―William Dudley said if the Chinese economy is weaker than the authorities expected, then adjustment of the RMB exchange rate may be an appropriate move. This is the first public response from a senior Fed official regarding the exchange rate adjustment of the Chinese yuan.