Jun 10, 2014 14:28 UTC

Investors cheer for Brazil World Cup rout

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By Rob Cox

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

At the opening of the Confederations Cup in Brasilia a year ago, President Dilma Rousseff was booed by thousands of soccer fans for all of Brazil to see. It’s easy to understand then why she isn’t planning to speak at Thursday’s opening ceremony of the World Cup. An embarrassing turn as host of Earth’s biggest sporting event – or crushing repeat of the 1950 Maracanaço – may be the greatest obstacle to her clinching a second term.

COMMENT

50 billion dollar stadiums do not solve poverty. They cause it. What an arrogant waste of money. Brazil already had stadiums. Why so flashy now?

Posted by AlkalineState | Report as abusive
Jun 10, 2014 07:12 UTC

China’s mini-stimulus verges on micro-management

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By John Foley

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

Fine-tuning and micro-management are close cousins. China’s central bank is tending toward the latter. The latest policy tweak will let some banks lend more to the rural sector, and fits a wider regulatory trend of selective easing. But it adds needless complexity, and takes China further from its stated goal of being more market-driven.

Jun 9, 2014 07:19 UTC

China-U.S. cyber spat risks corporate casualties

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By Ethan Bilby

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

China’s security spat with the United States risks corporate casualties on both sides. The People’s Republic has responded to U.S. allegations of cyber spying by targeting American tech companies. A continuing dispute could lead to blocked deals in the United States and lost sales in China. Though companies can try to ease concerns, it’s hard for them to escape a political escalation.

COMMENT

Well if the Chinese start blocking their markets to certain companies these same companies should stop hiring in China and move to other countries instead especially America if they are in fact American companies. These companies should also put a halt on hiring Chinese nationals in other countries where they have offices.

Posted by CountryPride | Report as abusive
Jun 4, 2014 07:55 UTC

China wrestles with repression of financial sort

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By John Foley 

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

China is richer and more stable than when tanks rolled into Tiananmen Square 25 years ago. Then, incomplete political reforms led to chaos, violence and retrenchment. While there’s little risk of that now, a similar dynamic is playing out in the financial system.

Jun 3, 2014 14:54 UTC

Fed fundamentalists deserve fresh listen

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By Rob Cox

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

A portrait of Milton Friedman hangs at the entrance to the Stauffer Auditorium at Stanford University’s Hoover Institution. It carries no identification, and doesn’t need any. All who enter here can be counted on to recognize the patron saint of contemporary free-market economics. And so it was two days last week, when the leaders of what might be dubbed monetary fundamentalism gathered under Friedman’s watchful gaze.

COMMENT

Trickery cannot replace a merit based society. When those with real capabilities are limited by those that manipulate you demotivate the capable. Fill their spots with your vacuous minions if you like but you lose in the long term. Things like justice and liberty and law are necessary for very practical reasons, not simply to placate the masses in a fake way. Without them (and we are without them) what is the point of endeavour? The central bank and their army of manipulators are simply tricksters.

Posted by brotherkenny4 | Report as abusive
May 27, 2014 13:38 UTC

Italy’s lesson for Europe: do your homework

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By Neil Unmack

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

Italy has a lesson for Europe: do your homework. The victory of Matteo Renzi’s Democratic Party in European Parliament elections demonstrates that a strong domestic politician can be more appealing than euro-bashing, even in a sickly economy.

May 26, 2014 07:16 UTC

U.S. firms get caught in China spying crossfire

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By Ethan Bilby

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

It’s almost a year since U.S. President Barack Obama and his Chinese counterpart Xi Jinping held a cordial “shirt-sleeves summit”. When it comes to the two countries’ internet rivalry, however, bare knuckles have replaced bare forearms. Last week’s indictment by the United States of five Chinese army officers as alleged cyber spies has prompted a backlash against American companies. China’s weapon is shutting them out from future growth.

May 21, 2014 06:50 UTC

Chinese real estate is in real trouble

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By John Foley

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

China’s property market is built on a vicious triangle. There are three ways the pressures building in the real estate industry could show: shrinking investment, disappearing funding for developers, and lower prices. Though they’re all related, the effects and remedies are different.

May 16, 2014 05:56 UTC

Asia can give the West a bubble-popping lecture

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By Peter Thal Larsen

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

It’s time for Asian regulators to give the West a lecture on popping financial bubbles. Policymakers in the United States and Europe have spent the past few years earnestly debating new methods to smooth out the ups and downs in economic cycles. They should pay more attention to Asia’s experience.

May 15, 2014 05:53 UTC

CITIC goes slowly on reform with $5.1 bln placing

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By Una Galani 

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

CITIC Pacific is going slow on reform with its $5.1 billion placing. The Chinese group’s Hong Kong subsidiary will sell new shares to 15 investors as part of a union with its state-owned conglomerate parent. The placing allows CITIC Pacific to keep its stock market listing. Yet most of the money is coming from buyers also backed by the Chinese government. A deeper overhaul of state firms looks a way off.