Apr 15, 2015 16:54 UTC

EU’s competition sprawl as worrying as Google’s

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EU Competition Commissioner Vestager addresses a news conference in Brussels

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

The European Union’s competition sprawl is as worrying as Google’s. Trustbusters on Wednesday accused the $360 billion web giant of favoring its own shopping search results – and broadened the case to include its Android mobile operating system. Investigations and appeals may take a decade. Brussels is going down the same treacherous path as ever-expanding Google.

Apr 7, 2015 18:15 UTC

Rob Cox: Race to bottom of global subprime begins

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U.S. Senator Paul announces candidacy for president during an event in Louisville

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

During the go-go years of America’s housing boom, borrowers had it made. As property prices zoomed upwards, even the most unworthy credits among them saw lenders throwing money at them. Banks reduced their demands for collateral, ignored the need for documentation of income and generally let down their guard. It didn’t work out so well.

Apr 7, 2015 13:14 UTC
Edward Hadas

Iran deal moves oil closer to long bear market

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

Ultimately, a fully rehabilitated Iran could help bring stable and relatively high oil prices. But the wait following an April 2 framework agreement on Iran’s nuclear programmes is likely to be long. And between now and then, the predominant direction of pressure on the oil price is likely to be downward.

COMMENT

On the Iran deal and the impact on oil, what is more important is not the depressing of oil of prices, but the flow of billions in hard currency that will now be flooding into Iranian state coffers to help defray the costs of building its nuclear infrastructure and funding proxy wars in Syria, Iraq, Yemen and Lebanon. The one thing we shouldn’t be giving the mullahs over there is a new credit line to spread more of its noxious radicalized ideas.

Posted by ChangeIranNow | Report as abusive
Apr 2, 2015 16:43 UTC

Review: Choking on digital exhaust

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To match feature UNPLUGGED/

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

Mass surveillance by governments and corporations is comparable to child labor or environmental pollution. That is the largely persuasive claim of security expert Bruce Schneier in his new book “Data and Goliath: The Hidden Battles to Collect Your Data and Control Your World.” Resistance is not futile, Schneier thinks, although it will be tricky to fight overreaching securocrats and snooping online advertisers without giving up at least some of the genuine advantages of Big Data.

Apr 1, 2015 23:09 UTC

California drought may find relief from Down Under

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Drought-related cactus installation called "Desert of Cantareira" by Brazilian artist and activist Mundano is seen at Atibainha dam

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

California Governor Jerry Brown may want to look Down Under for relief from the state’s years-long drought. The amount of water stored in reservoirs and snowcaps is so low that on Wednesday he ordered an unprecedented 25 percent cut in statewide use. It’s a wise though belated move. Now he needs a comprehensive plan to help turn California’s water woes around.

COMMENT

Obama gave Brown a billion dollars to use as needed for this crisis. A desalination plant and water recycling plants at major farming locations is the best advice. I pray he makes the correct use of those funds…and he most definitely waited way too long to act on conservation mandates….dumb

Posted by AdamBaum | Report as abusive
Apr 1, 2015 10:41 UTC
Edward Hadas

Nigeria’s democratic change is a real positive

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Supporters of the presidential candidate Muhammadu Buhari and his All Progressive Congress party celebrate in Kano

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

Deng Xiaoping was 74 years old when he took control of China. Although a long-time member of the political establishment, he changed the nation and began one of the longest periods of rapid GDP growth ever. The majority of Nigerian voters must be hoping that the 72-year-old Muhammadu Buhari will do something similar.

Mar 31, 2015 17:49 UTC

Silicon Valley’s noble goals hit home in Indiana

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Salesforce.com CEO Benioff delivers keynote address at company's annual Dreamforce event in San Francisco

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

Silicon Valley’s noble goals are hitting home in Indiana. Apple, Google and other technology companies often fall short of promises to make the world a better place. Opposing discriminatory laws in the Hoosier State and elsewhere could help make up for lost ground.

COMMENT

Silicon Valley has always been morally hypocritical. Thanks for mentioning that.

Posted by myeke | Report as abusive
Mar 30, 2015 07:47 UTC

Clipping Indian central bank’s wings is bad idea

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RBI Governor Rajan attends a joint news conference with India's Finance Minister Chidambaram in New Delhi

 

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

India’s central bank is facing an assault on its authority. Powerful opponents in New Delhi want to set up a tribunal to second-guess the Reserve Bank of India’s decisions. They also want to hand over supervision of bond trading to the stock market watchdog. Undermining the monetary authority would be a mistake. Investors would rather live with a bossy RBI than a weak one.

Mar 23, 2015 21:33 UTC

Global water woes mix with trickle of good news

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Men fish next to cracked ground as the Atibainha dam lake dries up due to a prolonged drought in Nazare Paulista

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

Earth faces a major water crisis. By 2030, the planet could have 40 percent less H2O than needed, due to rising demand for food and energy from a growing population, the United Nations reiterated in a report published on Sunday to mark World Water Day. The multi-year droughts afflicting California and Sao Paulo, Brazil may be harbingers of doom on a broader scale. But there is enough progress to offer hope.

Mar 23, 2015 21:20 UTC

Elliott emits ray of pragmatism in Argentina feud

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The Citibank logo is pictured at its Nicaragua headquarters in Managua

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

Elliott Management has emitted the merest glimmer of pragmatism in its feud with Argentina. The hedge fund, with a U.S. judge’s approval, will allow Citigroup to process two of the country’s bond payments, despite an earlier court-ordered block. It’s a concession to cover the bank’s back, not a broader shift in the intractable spat between holdout creditors and Argentina. But it may qualify as progress.

COMMENT

Never pay to those vultures, never!

Posted by uuugb | Report as abusive