Global Economics Correpondent
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Mar 3, 2013

A study in contrasts between China and Europe

LONDON, March 3 (Reuters) – As central banks in the euro
zone and Britain edge closer this week to deciding that their
flagging economies need yet more monetary stimulus, they can be
forgiven for casting an envious eye towards China.

The same goes for the United States. Because of deadlock in
budget talks, mandatory federal spending cuts are now being
phased. They will brake a recovery that, as Friday’s jobs report
is likely to show, is already frustratingly weak.

Feb 24, 2013

Global economy – Hoping for answers to three big questions

LONDON (Reuters) – This week should bring clarity on three major issues hanging over the world economy: might the Federal Reserve withdraw monetary stimulus sooner rather than later? Will Italy elect a stable, reform-minded government? Will Japan pick a central bank chief determined to end deflation?

After a set of Fed minutes last week initially interpreted as hawkish, most economists expect Chairman Ben Bernanke to use an appearance before Congress to reaffirm that, in the words of St. Louis Fed President James Bullard on Friday, “Fed policy is very easy right now and is going to stay easy for a long time”.

Feb 24, 2013

Hoping for answers to three big questions

LONDON, Feb 24 (Reuters) – This week should bring clarity on
three major issues hanging over the world economy: might the
Federal Reserve withdraw monetary stimulus sooner rather than
later? Will Italy elect a stable, reform-minded government? Will
Japan pick a central bank chief determined to end deflation?

After a set of Fed minutes last week initially interpreted
as hawkish, most economists expect Chairman Ben Bernanke to use
an appearance before Congress to reaffirm that, in the words of
St. Louis Fed President James Bullard on Friday, “Fed policy is
very easy right now and is going to stay easy for a long time”.

Feb 22, 2013

Global central banks will keep taking it easy

LONDON (Reuters) – Central banks are in a deep easy-money hole of their own digging that they will have to start filling in at some point. But that day still looks quite some way off.

Indeed, the Bank of Japan and the Bank of England are staking out a much bolder stance, brushing aside warnings from some that they might be stoking currency wars by depreciating their currencies or sowing the seeds of asset bubbles and inflation.

Feb 22, 2013

Analysis: Global central banks will keep taking it easy

LONDON (Reuters) – Central banks are in a deep easy-money hole of their own digging that they will have to start filling in at some point. But that day still looks quite some way off.

Indeed, the Bank of Japan and the Bank of England are staking out a much bolder stance, brushing aside warnings from some that they might be stoking currency wars by depreciating their currencies or sowing the seeds of asset bubbles and inflation.

Feb 20, 2013

Analysis: Core problem for Europe as France, Germany drift apart

LONDON (Reuters)- Even as the euro zone periphery starts to spy some glimmers of hope, concern is mounting that Germany is drifting apart from other countries at the core of the single currency bloc, notably France.

Economically, the worry is that insistence on fiscal austerity by an out-performing Germany will delay an upturn in France, which has been steadily losing competitiveness to its larger neighbor.

Feb 20, 2013

Core problem for Europe as France, Germany drift apart

LONDON, Feb 20 (Reuters)- Even as the euro zone periphery
starts to spy some glimmers of hope, concern is mounting that
Germany is drifting apart from other countries at the core of
the single currency bloc, notably France.

Economically, the worry is that insistence on fiscal
austerity by an out-performing Germany will delay an upturn in
France, which has been steadily losing competitiveness to its
larger neighbour.

Feb 18, 2013

U.S. trade talks promise both prizes and pitfalls

LONDON (Reuters)- Forthcoming transatlantic trade talks might offer a fresh incentive for Europe to worry a bit less about protecting past economic gains and focus a bit more on securing sources of future prosperity.

The negotiations, announced last week and due to start in June, are also an important chance for the European Union to rejuvenate political ties with the United States as Washington pivots towards a rising Asia.

Feb 18, 2013

Analysis: EU-U.S. trade talks promise both prizes and pitfalls

LONDON (Reuters)- Forthcoming transatlantic trade talks might offer a fresh incentive for Europe to worry a bit less about protecting past economic gains and focus a bit more on securing sources of future prosperity.

The negotiations, announced last week and due to start in June, are also an important chance for the European Union to rejuvenate political ties with the United States as Washington pivots towards a rising Asia.

Feb 17, 2013

Looking for more green shoots

LONDON, Feb 17 (Reuters) – A raft of business surveys this
week will be combed over for confirmation of hopes that a dire
fourth quarter of 2012 marked the cyclical trough for the world
economy.

An index based on questionnaires sent to euro zone
procurement executives is likely to show activity is picking up,
according to economists polled by Reuters.

    • About Alan

      "I'm the Global Economics Correspondent for Reuters News based in London. I've reported from more than 40 countries over 30 years and have had postings in Frankfurt, New York, Washington, Paris, London, Tokyo, Singapore and Beijing. From the Plaza Accord to the creation of the euro and the rise of China, I'm lucky to have covered many of the big economic stories of recent years."
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