As the Tunisian dictator Zine el Abidine Ben Ali discovered in January, there is no surer route to political oblivion than to deny people access to affordable food.
Investors are betting with Ben S. Bernanke that surging food and energy prices won’t accelerate U.S. inflation, allowing him to maintain easy money.
Thirty-five years ago this month, a U.K. central banker by the name of Peter Cooke was worrying about a surge in lending to developing countries.
Bank of England official Simon Wells, who led a team analyzing British economic data, resigned to join HSBC Holdings Plc, two people with knowledge of the matter said.
U.K. jobless claims probably fell for a second month in March as the economy’s recovery gathered pace before the general election due in two weeks.
The era of easy money is shaping up to keep going into 2014.
Russia’s middle class will double to 60 percent of the population by 2050, benefiting hotels and restaurants, according to a report by HSBC Holdings Plc.
"The global economy was losing momentum and disinflation was building, meaning pricing power was being lost, before anything started to happen in the oil market."
- Karen Ward on Jan 08, 2015