The infamous 2010 Citizens United ruling introduced big money to politics. Through unlimited sums of money during the election campaigns, wealthy donors can sway the votes. But the problem may not be around the unlimited sums of money but the ‘non-disclosure’ part of it. In a 2015 poll, 87% of the respondents wanted to reduce the excessive influence of wealth in politics and put the power of a rich person on par with a common voter. Before 2010, the financing of election campaigns was strictly controlled under the campaign finance law, which restricted corporations and unions from making any kind of donations and limited individuals toRead More →

The Trans-Pacific Partnership (TPP) has been an ongoing trade deal that was finally agreed upon by all the 12 countries. The secret deal connects 12 countries of US, Brunei, Chile, Australia, Singapore, Japan, Mexico, Vietnam, New Zealand, Canada, Malaysia, and Peru. The regional trade deal is already receiving mixed reviews that are focused on the environmental, labor, trade and intellectual property issues  The trade deal establishes international common standards and is likely to be a threat to those countries that have been left out. Some of the non-TPP countries also happen to be large emerging markets like China, India, South Korea and Taiwan. The trade deal was put under ‘fast track’Read More →

For long, geopolitics seemed to have started playing an important role in deciding the destiny of global financial markets. 2015 has seen contrasting developments, where nearly every market affected the other, irrespective of how much contribution one made to the other’s GDP. The reason could be that globally financial markets remain highly interconnected and if not through investments then through trade, the influence remained inevitable. This article highlights four important economies that could make a difference to global financial markets.
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The US dollar has been on the rise every day setting high records. With the upward pressure on dollar, stronger dollar could tighten financial conditions across the growth. Further the rising dollar could be offsetting the benefit of low cost oil. Over the past six months, the trade-weighted dollar has risen 25% and faster than anytime the last 40 years. US dollar is a global unit of account in debt contracts and that could be a cause of slow down in the rest of the world. Not only that, if the dollar continues to increase, inflation and US economic could weaken.Read More →

Six years of the financial turmoil has given a reason for many debates, research, arguments, discussions and even research work to many. To many nothing has really changed, in fact to them, we might be looking at something more serious in 2015. The question that is important is whether there is any truth to the occurrence of second financial crisis or are we just in denial?Read More →

This article focuses on three economies that have been discussed a lot lately : India, China & USA. India and China are considered as emerging economies but have issues like population and poverty. We compare India & China to USA using IMF reports released in April, 2014 and information provided in Index of Economic Freedom, an annual guide published by The Wall Street Journal ,IMF data and The Heritage Foundation.Read More →