Commentaries

The case for GDP bonds

August 3, 2009

Around the world, governments are struggling to drum up buyers for the mountain of bonds they need to sell. And that’s especially true for big deficit, low savings countries like Britain and the United States.

CFTC review process – thinking about the eventual outcome

July 29, 2009

Several people have asked what I think will be the eventual outcome of the US Commodity Futures Trading Commission (CFTC)’s review of position limits and hedging exemptions in energy futures markets.  My guess is that the review will result in only fairly minor changes.

CFTC prepares to recant speculators’ influence

July 29, 2009

johnkempcrop– John Kemp is a Reuters columnist. The views expressed are his own –

GM dumps Chinese in Opel race, standoff looms

By Paul Taylor
July 23, 2009

Two things Opel junkies need to know in today’s news.

1) General Motors has dumped Chinese state-owned carmaker BAIC’s long-shot bid to take over GM’s main European arm. That leaves a two-horse race between Canadian-Austrian car parts maker Magna and Belgium-based financial investor RHJ, loosely associated with U.S. private equity firm Ripplewood.

Kroes hits right note on EU bank aid

By Paul Taylor
July 22, 2009

Neelie Kroes, the EU Competition Commissioner, is right to be taking a hard line on state aid to banks, which will distort competition if not repaid. However, she will have to fight member states like Britain and Germany, which are desperately encouraging banks to lend locally, nursing large losses on their capital injections or trying to avoid massive upheaval in their banking industries.

Polish EU vision breaks the mould

By Paul Taylor
July 22, 2009

At last — a Polish vision of the future of the European Union that does not involve refighting
World War Two or dying in a ditch for outsized voting rights.

Spotlight falls on London commodity regulation

July 9, 2009

– John Kemp is a Reuters columnist. The views expressed are his own –