Lord Rothschild warns dark clouds are gathering in Europe, Russia, ME

Lord Rothschild has warned about the dark cloud on the horizon for the global economy, characterizing the geopolitical situation as the most dangerous since the end of World War II.

“We are confronted by a geopolitical situation perhaps as dangerous … Read the rest

Lord Rothschild has warned about the dark cloud on the horizon for the global economy, characterizing the geopolitical situation as the most dangerous since the end of World War II.

“We are confronted by a geopolitical situation perhaps as dangerous … Read the rest

Magic growth numbers from the US Government

Everyone wants good news, so the government makes it up. The latest fiction is that US real GDP grew 4.6% in the second quarter and 5% in the third.

Where did this growth come from?

Not from rising real consumer … Read the rest

Deficit spending and money printing: A German point of view

The leading macroeconomic Nobel-laureates, the central bankers as well as most politicians have reduced their economic judgment on how to get the economies in Europe and Japan back to sustainable growth on just two recipes: public investments in infrastructure to … Read the rest

Sasol stimulates growth in the US

Trade and Industry Minister Rob Davies has given an excellent summary of benefits to both the US and Africa in general, and South Africa in particular in The BusinessDay.

The newspaper also reported $14bn worth of company investments into Africa, … Read the rest

South African economy ‘may have turned the corner after stagnation’

BANKSERVAFRICA’s Economic Transaction Index (Beti) showed encouraging signs of the economy clawing back in May after three quarters of stagnation, the electronic payment transaction company said on Thursday.

While the Beti figures for May were not as strong as those … Read the rest

WSJ trashes SA’s black government

The Wall Street Journal has published an article painting a bleak picture of South Africa’s economy, saying labour unrest has caused its economic growth to fall behind other African states.

“The unrest is exposing a stark reality – South Africa … Read the rest

African economies to grow rapidly, says IMF

Sub-Saharan Africa is poised to enjoy the type of high growth rates not seen outside Asia in the next few years, the International Monetary Fund said Monday, as the region’s unbridled economic rise continues.

The IMF predicted the region’s economy … Read the rest