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.

Sheldon Adelson on Vegas and Emerging Markets

Before the global downturn, 75-year-old Sheldon G. Adelson, Chairman of The Las Vegas Sands Corp., was the ultimate high roller. For a time America's third-richest man, he helped rebrand Las Vegas as a family spot and turn Macau into a top gambling destination with his investments.

The Decline of the Oil Czars

Plunging oil prices have created an unexpected diplomatic bright spot in the global recession by weakening unfriendly regimes.

Recession May Lead To Another Food Crisis

Fears over global hunger are back, this time driven by both high food prices and plunging incomes. As the global recession deepens, unemployment is rising, but the price of staple foods is not falling with other commodities, like oil.

The Food Crisis Is Back

Job losses and plunging incomes are pushing millions into poverty—and creating another food crisis.

A Second Oil Crisis On The Way?

One of the many reasons that oil prices spiked to $150 earlier this year is that in the 1990s, when prices were $12 a barrel, oil firms stopped looking for new reserves.

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.

IMF Sets Up New Database of Financial Crises

As world leaders try to restructure the global financial system, it's worth reflecting on how we got to this point. A new database created by economists at the IMF tracks financial crises over the last 30 years, and it may come as a surprise that the world has had 124 of them during that time.

Abdullah Gul on Iran, Iraq, the EU and Turkey

Turkey's president Abdullah Gul is one of his nation's most polarizing figures. Western-oriented and pro-EU, his Justice and Development Party has roots in Islam and pushed to abolish the ban on headscarves in universities, provoking debate about the nature of liberalism in this secular nation.

Fast Chat With Nouriel Roubini

A new study by the World Economic Forum ranks the world's strongest financial systems. Despite being the epicenter of the worst global financial crisis since WWII, the United States comes out on top.

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.

IMF Looks To Pakistan As Next Big Customer

Earlier this year, the International Monetary Fund seemed on track to permanent downsizing, as emerging-market growth had left it without a client base of economically poor nations.

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.

The Coming Energy Wars

Oil prices could hit $200 a barrel in the next few months. How the spike changes everything.

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.

The Cost Of Conflict

Nobel laureate Joseph Stiglitz says that the war in Iraq will add up to $3 trillion, as the meter ticks on.

France's New Anti-Hero

When a rogue bank trader loses a record $7 billion, he is embraced as a star by the French, exposing the deep Gallic suspicion of capitalism.