Nouriel Roubini

Glimpse of a post-American world

<i>This is the weekly roundup of The WorldPost, of which Nathan Gardels is the editor in chief.</i><p>Events this week on opposite sides of the planet offered a glimpse of what a post-American world might look like. In Bonn, Germany, nations of the world gathered together at a summit to chart the path ahead …

Opinion

'Hidden fire' of intolerance among Indonesia's young

November 16, 2017 5:00 AM<br>JAKARTA • Indonesia's youth today are often seen as a force for change in a country which, despite its rich ethnic …

Basuki Tjahaja Purnama

'Dr. Doom' Roubini Says Bitcoin is a 'Gigantic Speculative Bubble' that Will End

An influential American economist who predicted the 2008 financial crisis is now claiming that bitcoin is a ‘gigantic speculative bubble’ and that it …

Keynesian Economics

Economist Nouriel Roubini says Bitcoin is a 'gigantic speculative bubble' — here's how he thinks the crypto-craze will finally end

• <b>Nouriel Roubini, the economist known as Dr. Doom for his bearish views, talks to Business Insider Poland.</b>• <b><br>The New York University Professor is skeptical about bitcoin, calling it a "gigantic speculative bubble."</b>• <b><br>Roubini said Brexit will fail to bring about the collapse of the European Union, as some</b> …

Economy

Dr. Doom or Mr. Realist? Nouriel Roubini Says Regulation Will Kill Bitcoin

The economist who describes himself as “Mr. Realist” and predicted the 2008 financial crisis has said Bitcoin “will find its end.”<p>In an interview …

Keynesian Economics

10 things you need to know this morning in Australia

Today’s episode: ‘The Trumps go to China’. Picture: Getty Images<p>Good morning.<p>1. <b>Australia’s</b> fastest broadband is in Geelong, Victoria, on the iiNet …

Donald Trump

The Republican plot against America’s 99% - MarketWatch

NEW YORK (Project Syndicate) — After multiple failed attempts to “repeal and replace” the 2010 Affordable Care Act (Obamacare), President Donald …

Business

Trump’s heated climate denial spurs action across the planet

<i>This is the weekly roundup of The WorldPost, of which Nathan Gardels is the editor in chief.</i><p>Just as “coalitions of the willing” have been mobilized for war, “networks of the willing” are today being mobilized for peaceful ends, first and foremost among them the fight against climate change.<p>As a key …

Climate

8 must-read economic stories of the week

<i>A list of some of the week’s most interesting stories on economic growth and social inclusion.</i><p>Three scenarios for the global economy by Nouriel …

Economy

China’s party congress is a wake-up call for the West

<i>This is the weekly roundup of The WorldPost, of which Nathan Gardels is the editor in chief.</i><p>China’s tenacious rise over recent decades holds up a harsh mirror to an increasingly dysfunctional West. This week, as the American president was battling his way through yet another 24-hour news cycle by …

Opinion

‘Creepy’ Dr. Doom chases after married model Paulina Porizkova

Famed economist Nouriel Roubini is aggressively wooing supermodel Paulina Porizkova, even though she has been married to Cars frontman Ric Ocasek for …

Keynesian Economics

Weekend roundup: Whoever dominates AI will put their stamp on the social order

The much-anticipated — and often feared — march of the robots into all aspects of society is underway. Hollywood images aside, robots are in reality nondescript, intelligent machines programmed to mimic, and even surpass, the human capacity to recognize patterns and perform tasks. They do so by …

Opinion

Is the most hated bull market in stocks becoming dangerously over-loved? - MarketWatch

<i>“Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.” — Sir John Templeton</i><p>That simple truth (partially) …

Business

Full Show: Bloomberg Daybreak: Americas (10/13)

October 16th, 2017, 9:41 AM UTC<p>Bloomberg Daybreak: Americas hosted by David Westin and Alix Steel. Guests include Federal Reserve Bank of Boston …

Business

Roubini: Global economy appears to be in a sweet spot - MarketWatch

The global economy appears to be in a sweet spot given the upturn in world-wide growth and low inflation in advanced economies, economist Nouriel …

Economy

Immunotherapy Treatments for Cancer Gain Momentum

In recent case, woman with metastatic breast cancer is cancer-free after infusion of immune cells at National Cancer Institute<p>The science of using immunotherapy to treat cancer is advancing rapidly, marked by the National Cancer Institute’s recent disclosure that a metastatic breast-cancer patient …

Economy

Roubini Says Growth With Low Inflation a Global Question

October 13th, 2017, 2:36 PM UTC<p>Nouriel Roubini, chairman and chief executive officer at Roubini Macro Associates, discusses the disconnect in wage …

Business

Weekend roundup: Trump’s unraveling of the Iran deal dashes negotiations with North Korea

Last week, the Nobel committee expressed an improbable hope by awarding its peace prize to the International Campaign to Abolish Nuclear Weapons. This week, we are seeing a likely reality of more, not less, nukes in our future.<p>U.S. President Donald Trump’s unraveling of the Iran deal dashes the …

North Korea

5 Things to Watch in Bank of America’s Results

Investors are interested in the rate the bank paid on U.S. interest-bearing deposits, which last quarter stood at a rock bottom 0.11%<p>Bank of America Corp. is expected to report its third-quarter results before the market opens Friday. Here’s what you need to know.<p>1. Higher Earnings<p>Earnings of 45 …

Economy

Bank of America Profit Climbs, Driven by Higher Interest Rates

Return on equity was 8.1%, up from the prior quarter, but below the bank’s 10% theoretical cost of capital<p>Bank of America Corp. said its third-quarter profit rose 13% as higher interest rates helped the bank inch closer to meeting long-held profitability goals.<p>Quarterly profit at the second-largest …

Economy

Central Bankers Use Moment of Calm to Debate How to Fight the Next Crisis

Federal Reserve and ECB officials signal no strategy shifts, but discuss ways policy could change<p>Central bankers, basking in a moment of synchronized growth and a global economy less dependent on easy-money policies, are thinking about what they will do when the next economic meltdown …

Business

Bayer to Sell Assets to BASF for $7 Billion Amid Scrutiny of Monsanto Megadeal

Bayer to use the proceeds to partially refinance purchase of Monsanto, a deal that faces regulatory scrutiny<p>Bayer AG on Friday said it has agreed to sell parts of its crop-science business to rival BASF SE for €5.9 billion ($6.98 billion), a bid to assuage regulators as the German chemical …

Economy

ECB’s Praet: Low Inflation Requires Continued Accommodative Policy

Bank’s chief economist says exchange-rate volatility is a source of uncertainty that needs to be monitored<p>To read the full story, Join Now or Sign In<p>Members Only<p>This is the kind of news coverage and analysis you can access exclusively as a WSJ Pro Member.

Economy

This Market’s Running on Hope, Not Profits

Investors are citing strong earnings as the reason for this year’s rise in stocks. But their bull case is hard to justify<p>Believers in the bull market have been making a one-word case for why this year’s rise in stocks is justified: earnings. With profits on a roll and the world economy in …

Economy

Danish Bank Under Probe in France Over Magnitsky Money-Laundering

Danske Bank says French judge is investigating $17.8 million of transactions<p>A French judge is investigating Danske Bank A/S for allegedly laundering stolen Russian money identified by deceased whistleblower Sergei Magnitsky, according to a former hedge-fund manager leading an international campaign …

Economy

Cost Cuts, Credit-Card Lending Buoy Bank Earnings

J. P. Morgan Chase and Citigroup were able to offset downbeat trading results and a challenging interest-rate environment<p>Growth in credit-card lending and a tight rein on costs boosted third-quarter profits at J.P. Morgan Chase & Co. and Citigroup Inc., offsetting downbeat trading results and a …

Economy

Oregon’s Retirement-Savings Plan Faces Legal Challenge

Employee-benefits trade group files suit over compliance provision<p>An employee-benefits trade group has filed a lawsuit against OregonSaves, the nation’s first state-sponsored retirement-savings plan, seeking to quash a compliance requirement that it fears could turn into a regulatory tangle if it …

Economy

How to Slack Like a Pro

With some keyboard shortcuts, GIF tricks and notification adjustments, you’ll be using the popular work chat better than the millennial next to you in no time<p>The future of workplace communication is here. That means instant updates about the arrival of stale doughnuts from the conference room. …

Economy

The Boy-Girl Scouts of America

The Scouts open their ranks to girls without going gender neutral.<p>The Boy Scouts of America (BSA) announced Wednesday that next year it will allow girls to join the Cub Scouts. By 2019 it will start a program for older girls to become Eagle Scouts. At first it seems the Scouts have finally …

Economy

New York Works to Reduce ‘Dirty Bomb’ Risks

Health department working with hospitals to remove certain radiological medical devices throughout city<p>Major hospitals and research institutions in New York City have agreed to reduce the number of medical devices that contain radiological material as part of an effort to eliminate threats of a …

Economy