China is likely to be the first of the major economies to recover from the current global downturn. Its pace of expansion may not reach the double-digit rates of recent years, but China in 2010......
To not default, Greece's current deficit of 14% of GDP will have to fall to 5% which is unlikely, says Martin Feldstein. Greece will default on its national debt. That default will be due, in large......
As I walked through the airport in Dubai recently, I was struck by the large number of travellers who were buying gold coins. They were not reacting to Dubai's financial trouble, but rather were......
The Greek government, the European Commission and the International Monetary Fund are all denying what markets perceive clearly: Greece will eventually default on its debts to its private and......
It will strengthen, because global economic conditions require the eurozone to run trade deficits, writes Martin Feldstein. An American traveller in Paris or Berlin is continually struck by how......