Rana Foroohar

Why China Keeps Growing

How can China keep growing in the midst of a global recession that's taking everyone else down? The conventional wisdom is that it can't -- even China bulls like Morgan Stanley's Ruchir Sharma have said so in Newsweek.

Marry A Farmer

That was legendary investor Jim Rogers' advice to me earlier this week. We were chatting about his continued bullishness on commodities (back in 2005, he wrote "Hot Commodities: How Anyone Can Invest Profitably In the World's Best Market"), despite the recent fall in oil prices.

Down With The Dollar, Up With Oil

A week or so ago, Chinese premier Wen Jiabao was "a little bit worried" about the stability of the U.S. dollar. Now, it appears he's really sweating it, because the Chinese just came out in favor of ditching the dollar and replacing it with a new global reserve currency system.

The West and the Rest

Maybe it's time to resurrect the idea of economic decoupling. For those who don't remember, that was the idea—much touted at the beginning of the financial crisis—that poor but up and coming nations like China, India, Brazil, and Russia (aka the BRICs) weren't going to follow the US and Europe into recession.

Nassim Taleb On The Markets

Trader turned philosopher Nassim Nicholas Taleb would probably be the first to admit the role that chance played in his recent market gains. Though he no longer actively trades himself, the Santa Monica, California-based hedge fund he advises, Universa, has posted gains of between 50 and 110 percent in recent months, even as the S&P is down 40 percent.

Why Low Oil Prices Won't Last

In the midst of last week's market turmoil, there was one piece of good news. Oil prices, which had neared the $150 mark just a few weeks ago, fell back below $100, mainly due to fears about sharply slower global growth as the financial crisis on Wall Street deepens.

Big, But Not Very Bad

Sovereign wealth funds aren't so scary. That's the finding of a new study of SWFs, the booming investment arms of petro states like Saudi Arabia and emerging giants like China.

Ten Cent Solution

The Copenhagen consensus Center, a Danish group that seeks the most cost-effective solutions to the planet's biggest problems, has come out with its new top-30 list of global challenges.

Breaking Up With The IMF

With the end of the International Monetary Fund's $10 billion deal in Turkey, there's been much ado about the country's economic future. Some of it's warranted: Turkey was an IMF poster child, tackling inflation and reducing debt from 76 to 39 percent of GDP since 2001.

Hunger: The Biggest Crisis of All

If you have any doubt about the long-term implications of hunger, consider the following statistic. In North Korea, where food shortages and famine have been endemic for years, the average adolescent is 18 centimeters shorter than his counterpart in South Korea.

NY, London: Fake Losers

Have you noticed that both New York and London claim to be losing the race to become the world's top financial center? Last year New York Mayor Michael Bloomberg fretted that his city is behind, citing a McKinsey survey that blamed onerous SOX regulations imposed after the Enron-era scandals.