Jan 7, 2014 14:23 UTC
Edward Hadas

Turkey caught in vicious politico-financial circle

Photo

By Edward Hadas

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

Until a few months ago, the strength of Turkey’s politics just about balanced out its weak finances. Sadly and worryingly, the Middle East’s most important country has lost its equilibrium.

Jan 7, 2014 07:51 UTC

Samsung woes strengthen case for cash handout

Photo

By Peter Thal Larsen

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

Samsung may just have strengthened the case for handing more of its cash to investors. The South Korean electronics giant’s fourth-quarter operating profit came in lower than expected after it paid employees a one-off bonus. Though a strengthening home currency and competition from arch-rival Apple remain a concern, Samsung can afford to show shareholders some generosity too.

Jan 6, 2014 15:11 UTC
Edward Hadas

Monetary policy similarity outweighs divergence

Photo

By Edward Hadas

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

The policies of the world’s major central banks are about to diverge. That matters far more to financial markets than to the real economy.

Jan 6, 2014 04:53 UTC

Asia is ripe for a brewers M&A brawl

Photo

By Una Galani

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

It is a seller’s market in the last frontier for beer. Asia Pacific is the last region not dominated in profit terms by the world’s four biggest brewers – Anheuser-Busch InBev, SABMiller, Heineken and Carlsberg – according to Bernstein Research. Consumption of suds is growing fast, and for-sale assets are hard to find. The coming year may see new owners for Philippine brewer San Miguel and South Korea’s Oriental Brewery. The real prize may be in China, the world’s biggest beer market by far.

Jan 3, 2014 19:18 UTC

U.S. utilities face German-style solar burn

Photo

By Christopher Swann and Robert Cyran
The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

America’s utilities face a German-style solar burn. So far, solar power accounts for just 1 percent of U.S. electricity demand, against 10 percent in Germany. But generators stateside are already feeling the heat and pushing for levies on solar panels. They’re keen to avoid the scorched profit seen at traditional Teutonic utilities like E.ON.

COMMENT

“So far, solar power accounts for … 10 percent [of electricity demand] in Germany.”

Not that much. In 2013, German solar produced about 30 TW-h, against total demand of about 445 TW-h — 6.7%.
http://www.ise.fraunhofer.de/en/download s-englisch/pdf-files-englisch/news/elect ricity-production-from-solar-and-wind-in -germany-in-2013.pdf/view

Posted by BillWoods | Report as abusive
Jan 3, 2014 19:11 UTC

Commodities set to distinguish themselves

Photo

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

Commodity prices look set to distinguish themselves in 2014. From gold to grain, raw materials will trade less in line not only with equities, but with each other – and are likely to fall, to boot. Thank a calm euro zone and the prospect of the U.S. Federal Reserve cutting back its bond purchases.

COMMENT

Low commodity prices are good for just about everyone except the raw material producers like myself. Luckily, this article is not going to pan out the way the author believes.

Posted by jwab | Report as abusive
Jan 3, 2014 15:33 UTC

The chilling echoes of 1914, a century on

Photo

By Martin Hutchinson

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

A rerun of 1914’s descent into global war is really rather unlikely. But some of the danger of a hundred years ago is present today.

Jan 3, 2014 07:09 UTC

India’s Common Man Party is investors’ frenemy

Photo

By Andy Mukherjee

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

The sudden rise of India’s self-professed “anti-establishment” party is making seasoned politicians nervous. Investors, meanwhile, view the dramatic ascent of the Aam Aadmi – Common Man Party – with a mixture of awe and suspicion.

Jan 2, 2014 15:02 UTC

Recovery will only increase inequality

Photo

By Christopher Hughes and Edward Hadas

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

A normalising world will not be a harmonious world. The massive fiscal and monetary stimulus that is helping revive GDP growth in developed economies favours the privileged directly, and trickles down only slowly to the middle classes, the poor and the unemployed. That tension will worsen.

Jan 2, 2014 05:45 UTC

Small tech best placed to take on Big Brother

Photo

By Katrina Hamlin

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

Feeling insecure? So are companies everywhere. The lesson of 2013 was that there are grievous flaws in security systems once thought virtually impenetrable. Business needs better protection. The most credible providers may be smaller tech players.