Sep 13, 2013 16:48 UTC

Review: “Money for Nothing” sets crisis-film high

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

The press literature for “Money for Nothing,” a new documentary about the Federal Reserve, says director Jim Bruce partly funded the movie by betting against financial stocks during the crisis of 2008. That’s clever marketing. Judging by the film’s astute analysis of the past century of U.S. monetary policy, it’s also believable.

Sep 13, 2013 16:20 UTC

UK house prices needs less rigging – not more

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By Chris Hughes

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

Britain’s professional home valuers are rightly worried about bubbly residential property prices. Their suggested policy response is ingenious – a requirement that the Bank of England curbs mortgage lending when annual house-price growth exceeds 5 percent. Such a counter-cyclical approach is a good idea, but setting a trigger for intervention is just as misplaced as the government schemes that are currently inflating the market.

Sep 13, 2013 16:10 UTC

Review: A blunt-edged hatchet job of free markets

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By Robert Cole

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

Bryan Gould’s new book is a closely argued critique of current trends in globalisation, monetary policy, and big business. Gould, a senior figure in the UK Labour Party in the 1980s has found some culpable targets. But his own answers are unconvincing.

Sep 13, 2013 02:54 UTC

China’s financial paradox: rescue or reform?

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By Peter Thal Larsen

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

China’s financial system is a paradox. Reform demands that the authorities relax their grip on banks and capital flows. But if they do, it could trigger the debt crisis the country has so far avoided.

Sep 12, 2013 17:50 UTC

2008 retold: Lehman rescue to punish stocks

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

Lehman as it might have been … The following  is part of a special feature package marking the fifth anniversary of the collapse of the Wall Street securities firm. Breakingviews writers imagine what might have happened if post-crisis reformers had acted pre-crisis. Herewith a column  from that alternative archive.

Sep 12, 2013 05:16 UTC
Breakingviews Columnists

Lower-cost iPhone won’t fill Apple’s China hole

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By Ethan Bilby 

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

When Apple launched its new iPhone 5C, the joke was that the C stood for “Cheap” and “China”. It’s true that the latest model is less expensive and will work on China Mobile’s upgraded network. But at more than $700, it’s still too expensive to appeal to the masses. Apple will need to do more to reverse its status as an also-ran in the world’s largest smartphone market.

Sep 11, 2013 06:44 UTC

Japan’s bond market calm hides fiscal disquiet

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By Andy Mukherjee

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

The calm in the Japanese government bond market is hiding growing fiscal disquiet. After briefly shooting up to 1 percent in May, yields on 10-year JGBs are back down to 0.74 percent, even as inflation expectations have firmed up. This Zen-like state of affairs is all the more striking considering that interest rates are increasing across the Western world as investors anticipate an end to the cheap money of the post-financial crisis era.

Sep 11, 2013 02:13 UTC

Apple gives finger to the skeptics

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By Robert Cyran

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

Apple has given the finger to the skeptics. That’s not obvious from the stock price, which slid 2.2 percent – knocking some $10 billion off the company’s market capitalization – after Chief Executive Tim Cook and his colleagues unveiled two new iPhone models on Tuesday. But with this round of upgrades, Apple may have just started a mobile payments revolution.

Sep 10, 2013 14:11 UTC

Beware the Italian risk in German elections

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By Olaf Storbeck

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

Germany’s parliamentary elections are expected to bring continuity and stability. In fact, they may well usher in a period of paralysis and uncertainty. German politics turning Italian is a possible scenario. Europe’s biggest economy might be stuck in protracted and difficult coalition negotiations – and it could be months before there is a working government in Berlin.

Sep 10, 2013 07:55 UTC

Suntory pays up to quench thirst for Japan escape

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By Una Galani

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

Suntory is paying up to quench its thirst for overseas growth. The newly-listed Japanese firm wants to double its sales by 2020, partly through foreign acquisitions. To help achieve that goal, it’s paying GlaxoSmithKline 1.4 billion pounds ($2.1 billion) in cash for British brands Lucozade and Ribena. That’s a big premium to reduce its exposure to a tough domestic market.