Daniel Clark

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China

China's Total Debt Surges To 251% Of GDP

By comparison, the US had a 260% total-debt-to-GDP ratio in 2013 and Japan has 415%, according to the FT.<p>On the face of it this doesn't look as bad. And the argument typically goes that because a lot of this is domestic, not external debt, China has no reason to worry.<p>But the concern with China has …

China

Russia vastly outgunned in economic showdown with West

Combined sanctions by the US, Europe, Japan and the OECD bloc pit a $35 trillion colossus against a $2 trillion midget<p>The economic showdown unfolding between Russia and the West is almost entirely one-sided.<p>The US has the power to bring Russia to its knees through hegemonic control over the world’s …

The Netherlands can choose to squeeze Russia’s economy over MH17

Netherlands prime minister Mark Rutte, whose citizens make up the bulk of the victims of the MH-17 disaster, didn’t mince words this week when telling Russian president Vladimir Putin about his responsibility to improve the situation there: “I told him that the window of opportunity to show the …

Europe