Beniamino Quintieri

World economy
Upswing on global trade

After years of rowing against the current of the financial crisis, International trade has finally caught a favourable tailwind. The sheer volume of trade has grown more rapidly than industrial production, shipping has bounced back and all this despite the protectionist manouvres of many of the big players.

Good news for lopsided accounts

Everyone is on edge about US-China current account imbalances. Though some are busy blaming Beijing, market forces and government actions bode well for both economies.