Jun 7, 2013 02:58 UTC

Wine tariffs won’t end China’s thirst for Bordeaux

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By Peter Thal Larsen

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

Sorry, wine lovers: tariff threats won’t end China’s thirst for Bordeaux. Talk of restricting imports from Europe has raised hopes elsewhere that fine wines might become more affordable. But French chateaux have more to fear from China’s anti-corruption drive than from trade war.

Jun 6, 2013 19:56 UTC

U.S. defense on Big Data as murky as industry’s

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By Robert Cyran and Antony Currie

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

The Obama administration argues the National Security Agency’s secret collection of Verizon phone records doesn’t compromise privacy and is good for the country. Wall Street and Silicon Valley often make similar claims. History suggests it often ends up better for those controlling the data than for those supplying it.

Jun 6, 2013 02:58 UTC

Obama and Xi should consider Confucian diplomacy

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By John Foley

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

If the emperor fulfils his role by sitting and facing south, Confucius said, all else will fall into place. Presidents Obama and Xi should heed the ancient sage when they meet at a resort in the California desert on June 7. The United States and China have emotive issues to work out. In public, however, harmonious inaction is the best policy.

Jun 4, 2013 06:34 UTC

Bond jitters shouldn’t delay Japan pension reform

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By Andy Mukherjee

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

By reforming Japan’s public pension system, Prime Minister Shinzo Abe is taking a calculated risk. Asking state funds to buy fewer government bonds may look like an own goal at a time when the central bank is struggling to control yields. But the payoff to both the government and Japan’s fast-ageing society could be worth it.

Jun 4, 2013 05:15 UTC

Japan e-book: Abe’s Economic Experiment

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By Peter Thal Larsen

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

Japan’s prime minister has electrified investors with his three-pronged strategy to shock the country out of its economic malaise. Abenomics has profound implications not just for Japan, but for the rest of the world too. Our new book examines the economic phenomenon of the year.

May 31, 2013 03:22 UTC

Japan bond market blues: A guide for the perplexed

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By Andy Mukherjee

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

The Bank of Japan’s money-printing plan is failing to keep borrowing costs in check. Since the central bank pledged on April 4 to double its holdings of Japanese government bonds in two years, the yield on 10-year government debt has doubled. On May 23, it briefly touched 1 percent.

COMMENT

It isn’t a question of calming markets as one of throwing good money after bad.

One could reduce your analysis to two lines 1. The county of Japan is bankrupt 2. the investors know that fact to their toes.

It is also obvious that this country is bankrupt too.

Posted by paintcan | Report as abusive
May 30, 2013 07:59 UTC

Double arbitrage validates China’s pork purchase

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By John Foley

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

China has been rearing pigs for at least 6,000 years. Now its biggest pork producer is paying $4.7 billion to import them from the United States. What explains the reversal? It’s not just that richer consumers demand more meat, but that poor decisions by China’s planners have created a double arbitrage.

May 29, 2013 08:09 UTC

Global trade surplus: proof of alien life?

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By Andy Mukherjee

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

Mankind has spent centuries looking for signs of alien life. Now a French graduate student appears to have found evidence in an unusual spot: the ledgers of the world’s customs offices.

May 28, 2013 09:03 UTC

Europe rightly throws shade on solar tariffs plan

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By John Foley

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

European opposition to tariffs on Chinese solar panels sounds like turkeys voting for Christmas. After all, China has used cheap state financing to lower the cost of making solar equipment – and European companies like Germany’s Solar World have borne the brunt. Yet the reluctance of most EU member states to back proposals for a punitive tariff is smart. In a world of cross-border supply chains, Europe has too much to lose by pushing the point.

May 27, 2013 08:06 UTC

HK art boom rests on sketchy foundations

By Katrina Hamlin

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

Hong Kong is already a global financial centre, but can it be a hub for art sales too? Last week’s Art Basel Hong Kong showed the city has what it takes to draw the crowds and the cash. But finance and fine arts are only fair-weather friends.

COMMENT

‘But some drivers of Hong Kong’s art boom look sketchy’??? Couldn’t we say the same of the London art boom? ‘Loose money coursing through t’he system’??? Are you referring to the London banking system? Really, this is a serious case of “the pot calling the kettle black”.

Posted by mmaggio88 | Report as abusive