Dr. Michael Ivanovitch is an independent analyst focusing on world economy, geopolitics and investment strategy. He served as a senior economist at the OECD in Paris, international economist at the Federal Reserve Bank of New York and taught economics at Columbia Business School.
Follow him on Twitter: @msiglobal9
China has been trying to reduce its dependence on the dollar, but Beijing might want to rethink that plan, Michael Ivanovitch writes.
It's easy to imagine what large tax cuts would do to a U.S. already growing well above noninflationary potential, Michael Ivanovitch writes.
Europe's largest economy is now at the beginning of one of the most difficult political processes in its post-war history.
The security flare-up on the Korean Peninsula will show whether an acceptable modus vivendi can be found between Washington and Beijing.
The euro's future, just as was the case with its origin, crucially depends on a French-German agreement, Michael Ivanovitch writes.
The United States is contributing nearly $1 trillion net in trade to the rest of the world every year, says Michael Ivanovitch.
China says it won't allow North Korea tensions to turn into conflict — it's clear meaningful dialogue is broken, Michael Ivanovitch says.
Germany's warning that euro zone policy has stifled reform is getting attention, but the ECB is likely to wait. Michael Ivanovitch says.
Huge sums of money are now subject to risks due to acute security issues and strategic conflicts in Asia, Michael Ivanovitch says.
Only a strong economy will keep Washington as a global center of gravity, Michael Ivanovitch writes.