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A new report assessing the progress being made by GCC countries to achieve the convergence criteria for a GCC Monetary Union (GMU) was released today by the Dubai International Financial Centre (DFIC).

Ecuador is interesting but what is below is more interesting than most messages about Ecuador. You will see why below. You may have read in the news about the problems of Ecuador in recent days and wondered why I am investing in Ecuador.

NYT Profiles Dr. Doom Stephen Mihm writes: On Sept. 7, 2006, Nouriel Roubini, an economics professor at New York University, stood before an audience of economists at the International Monetary Fund and announced that a crisis was brewing.

It’s often hard to tell what China’s central bank is up to, given it doesn’t necessarily have the same reporting requirements and is not as independent as other central banks. But it’s view is becoming ever more important. China is New Zealand’s second largest provider of imports and our fourth largest export destination.

How China is easing monetary policy and why it matters August 19th, 2008 It’s often hard to tell what China’s central bank is up to, given it doesn’t necessarily have the same reporting requirements and is not as independent as other central banks. But it’s view is becoming ever more important.

Of populists and political fusion The last time the Democratic Party held its national convention in Denver was 100 years ago, when the Democratic presidential candidate was well-known Populist William Jennings Bryan.

Just a few weeks ago, U.S. Treasury Secretary Henry Paulson held that a bailout of Fannie Mae and Freddie Mac to be highly improbable, if not impossible. Now there is talk that an extraordinary Treasury capital infusion may be needed to restore faltering foreign demand for debt issued by Fannie Mae and Freddie Mac.

Tim Duy says "the economy will need to shift clearly in one direction or another – deflation or inflation – to drive any change in rate policy": The Knife Edge Cuts Deep, by Tim Duy: The sharp decline in commodity prices has turned the tables on the inflation crowd, at least for the moment.

Paul Mladjenovic Let’s first break this question down into the two types of inflation; monetary inflation and price inflation. Price inflation is the general rise in prices of goods and services.... [[ This is a content summary only.

By Sibangani Sibanda A STORY appeared in the government mouthpiece, The Herald, the other day. I am not suggesting here that stories do not always appear in the said publication; just that it was a story that just about summed up the nightmare that it is to navigate the economic policies propagated