Beatrice Weder di Mauro, who made her name by being an expert on debt, can’t collect on one of her own: Nouriel Roubini owes her a bottle of Champagne for a 2012 bet they made about whether Greece would leave the euro. It didn’t, and she won.
The chance of a U.S. recession grows every day officials in Washington fail to come up with a solution to stave off a potential default and reopen the government, according to New York University’s Nouriel Roubini.
Ukraine should work with the European Union rather than a Russian-led customs union in order to boost its economy, said Nouriel Roubini, a professor of economics and international business at New York University.
Ben S. Bernanke, the world’s most- powerful central banker, says he doesn’t understand gold prices. If his peers had paid attention, they might have stopped expanding reserves that lost $545 billion in value since bullion peaked in 2011.
A Greek default could trigger a global economic shock on the scale of that suffered after Lehman Brother Holdings Inc.’s 2008 failure, said Nouriel Roubini, chairman and co-founder of Roubini Global Economics LLC.
As financial markets from New York to Hanoi are focused on the U.S. Federal Reserve’s next move, Daniel Alpert’s “The Age of Oversupply” explains that there are limits to how much monetary policy can help the global economy escape its five-year rut.