from MacroScope:

Italy’s budget progresses as Brussels watches

By Mike Peacock
December 1, 2014

renzi.jpg

Italy's lower house approved Prime Minister Matteo Renzi's tax-cutting 2015 budget on Sunday. It will now move on to the Senate, where it must be passed by the end of the year. The budget is at the centre of a tussle with the European Commission, which says it does not do enough to reduce the country's huge public debt.

from Breakingviews:

China’s deposit guarantee is really the opposite

December 1, 2014

By John Foley

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Anatole Kaletsky:

Stock markets set to take off as Europe, Asia abandon austerity

By Anatole Kaletsky
November 28, 2014

A pedestrian walks past an electronic board showing Japan's Nikkei average outside a brokerage in Tokyo

The Great Divergence is a term coined by economic historians to explain the sudden acceleration of growth and technology in Europe from the 16th century onward, while other civilizations such as China, India, Japan and Persia remained in their pre-modern state. This phrase has recently acquired a very different meaning, however,  more relevant to global economic and financial conditions today.

from Breakingviews:

China’s offshore empires go from help to headache

November 25, 2014

By John Foley

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Breakingviews:

China monetary policy enters difficult adolescence

November 24, 2014

By John Foley

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from The Great Debate:

A misconception that could scuttle nuclear talks with Iran

By Jim Walsh and Aron Bernstein
November 24, 2014

EU envoy Ashton, Britain's Foreign Secretary Hammond and Iranian Foreign Minister Zarif sit at a table during talks in Vienna

As nuclear talks between Iran and the other members of the so-called P5+1 group are extended for another seven months, one issue is sure to remain a sticking point. The most important differences between all sides relates to the size of Iran’s uranium-enrichment program.

from Breakingviews:

Alibaba’s huge finance arm is a mystery to most

November 21, 2014

By John Foley

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Breakingviews:

China great wall of content could be more than fad

November 20, 2014

By Robyn Mak

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

from The Great Debate:

Despite the headlines, progress in Myanmar isn’t slipping away

By Jean-Marie Guehenno and Richard Horsey
November 19, 2014

U.S. President Barack Obama and opposition politician Aung San Suu Kyi hold a press conference after their meeting at her residence in Yangon

Is Myanmar’s reform effort going into reverse?

Not even close. Yet if international support for its political transition seriously weakens in the face of recent setbacks, the prophecies of Myanmar’s critics may be fulfilled. The international community needs to show staying power and accept that the road to reform is long.

from Breakingviews:

Investors carried away with HK Exchange’s options

November 18, 2014

By Peter Thal Larsen

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.