Ralph Weidenmann, Partner
In China, food prices rise faster than expected. Election tactics sway German opposition against a tax treaty with Switzerland. While we were still positive in the last issue as regards the inflation trend in China, the most recent figures have been massively disappointing. Consumer prices rose by 3.6 percent, a worrisome trend mainly because the cost of food accounts for >>
When will the Iran crisis escalate? Is the Chinese economy running smoothly or faltering? Can the CDS market survive the Greek flop? After an extended geopolitical calm, Iran is confronted with serious problems. Iran has been accused of pursuing the development of nuclear weapons within the scope of its allegedly peaceful nuclear energy programs. The likely target is known as >>
In the election year, the USA has been pursuing a successful economic policy course. Mainland China is home to more consumers than all industrialized nations in the West together. The price of oil (Brent Crude) exceeded the USD 120 mark, returning to its previous high of May 2011. There’s a legitimate question: Where’s the crisis, anyway? Apparently, the gap in >>
China makes progress in fighting inflation. The American job machine is running again. Greek bailout jeopardized by speculation. In China, inflation – mainly in food – was the big issue in 2011. Now, the situation at the inflation front seems to be defusing somewhat. For the fifth month in a row, the authorities published lower price levels: most recently, the >>
Surprisingly robust labor market figures in the USA. Deflation trend continues in Switzerland. North Rhine-Westfalia cold-shoulders Minister of Finance Schäuble. While Europe is preoccupied with getting the latent debt problems more or less under control, the USA is reporting reassuring economic data. Both the labor market (newly created jobs, jobless rate) and the most important purchasing managers indices were remarkably >>