Economy

Roubini predicts gloomy 2012

Trust Nouriel Roubini to zig when others zag. At a time when many financial pundits are predicting, and certainly hoping for, improved macroeconomic conditions in 2012, along comes the noted economist and paints by far the most cheerless picture of the world economy.

By Vikram Barhat |December 23, 2011

1 min read

National securities regulator not dead: CFA Institute

The Supreme Court of Canada says the federal government does not have the power to unilaterally create a national securities regulator through legislation, but reaction to the decision suggests there might still be a way forward, through federal and provincial co-operation.

By Doug Watt |December 22, 2011

3 min read

Is India losing its Mojo?

India started 2011 with a bang, but by the looks of it, the emerging economic powerhouse may be headed to wind down the year with a whimper. Goldman Sachs’ Jim O’Neill says that of the BRIC nations, India has been the biggest disappointment. A recent article by CNN’s Fareed Zakaria relates a troubling story about […]

By Vikram Barhat |December 22, 2011

1 min read

Without ECB help, Europe cannot be saved: IMF

Europe needs to follow a basic, but necessary, five-point action plan if it is to recover from the current financial crisis, says Arvind Virmani, International Monetary Fund (IMF) Executive Director, India.

By Doug Watt |December 22, 2011

2 min read