May 8, 2014 20:27 UTC

Stanford’s snub to coal typical of Silicon Valley

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By Christopher Swann

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

Stanford’s snub to coal is typical of Silicon Valley. The black rock is an easy target for the university’s $18.7 billion endowment, which is bigger than the top five U.S. coal firms combined. But shouldn’t the principle behind it, reversing global warming, also apply to oil companies, including Stanford donor Chevron? Like Valley tech tycoons, the Palo Alto school seems to shun some evils only so far.

May 6, 2014 07:49 UTC

India’s wobbly economy needs a factory revival

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By Andy Mukherjee

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

India needs a factory revival to boost its growth prospects. The country’s economy is unsteadily perched on software exports, hot money inflows and outsized fiscal transfers to villages. All three end up making the country’s exchange rate and labour uncompetitive. That shortens the fourth leg of the stool: manufacturing.

May 2, 2014 10:17 UTC
Guest Contributor

Review: The UK’s EU choice is safety or adventure

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By Eric Chaney

Eric Chaney is chief economist at AXA Group. The opinions expressed are his own.

Hugo Dixon has thrown his intellectual weight into the European Union membership debate. The founder of Breakingviews has written a compact and yet comprehensive little book, “The In/Out Question.” His answer is neat and clear: “it would be a historic error to pull out. Our economy would suffer if we quit. Our global influence would also be diminished.” In the war of ideas, he does not take any prisoners.

Apr 28, 2014 06:10 UTC

Abe’s small hits weightier than big trade miss

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By Andy Mukherjee 

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

Shinzo Abe’s big miss in prizing open Japan’s farm economy is making investors needlessly glum. The prime minister’s smaller recent successes, from thawing out frozen land and labour markets to reining in healthcare costs, add up to a strong reform push.

Apr 25, 2014 03:09 UTC

Review: India’s Singh wasn’t king, Modi could be

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By Andy Mukherjee

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

Everything except the title of Sanjaya Baru’s “The Accidental Prime Minister” has invited controversy. And the title escaped opprobrium only because Manmohan Singh, who has never won an election, was the first to acknowledge that his elevation to India’s top political job was an accident of history.

Apr 17, 2014 16:02 UTC

Review: Hustling helps Africa’s partial success

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By Martin Hutchinson

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

“Kanju” makes modern Africa work. In her new book “The Bright Continent,” the American journalist Dayo Olopade claims that this Yoruba word for hustling, striving and rule-breaking explains how the invisible hand outwits the dead hand of corrupt bureaucracy in much of the continent. Sadly, kanju also makes most African countries tough places to do fully organized business.

Apr 17, 2014 15:36 UTC

Sanctions on Russia will cost less than inaction

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By Pierre Briançon

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

Vladimir Putin has set the stage well for the first international talks on Ukraine. Armed pro-Russian separatists have seized buildings in several eastern Ukrainian cities. Their uniforms and weapons suggest they are equipped by the Russian army, if not part of it. The rebels’ success has shown that the government in Kiev is not in control of the country – not even of its own security forces.

Apr 11, 2014 05:01 UTC

Asian bond sizzle is a bet on deflationary fizzle

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By Andy Mukherjee

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

The Asian bond market is sizzling. But that doesn’t mean investors are being reckless. Rather, it might reflect growing worries that the global economy is fizzling into deflation.

Apr 10, 2014 07:01 UTC

Time to bust China’s “omniscient regulator” myth

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By John Foley 

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

China’s clever bureaucrats can no more guarantee the health of the country’s financial system than they can see through walls. It is time to bust the myth of the “omniscient regulator”.

Apr 10, 2014 02:15 UTC

Japan index: Economy is ready to take on tax hike

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By Andy Mukherjee

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

The Breakingviews Abenomics Index climbed to a six-year high in February, suggesting the economy has enough strength to withstand this month’s sales tax increase. Wages and inflation expectations firmed up, while hopes of further monetary easing pushed bond yields lower.