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  • News & article

    Global oil prices tumble to new normal

    News, Mohamed A El-Erian, Published on 18/08/2015

    » Oil prices have been heading south again, with a barrel of US crude recently falling below $42 (1,470 baht) -- the lowest level since March 2009, the nadir of the global financial crisis. And, while last year's sharp price drop was heavily influenced by two large supply shocks, the current decline also has an important demand dimension.

  • News & article

    Stop blaming woes on Varoufakis

    News, Mohamed A El-Erian, Published on 31/07/2015

    » From blaming him for the renewed collapse of the Greek economy to accusing him of illegally plotting Greece's exit from the eurozone, it has become fashionable to disparage Yanis Varoufakis, the country's former finance minister. While I have never met or spoken to him, I believe that he is getting a bad rap (and increasingly so). In the process, attention is being diverted away from the issues that are central to Greece's ability to recover and prosper — whether it stays in the eurozone or decides to leave.

  • News & article

    10 likely consequences of 'No' vote

    News, Mohamed A El-Erian, Published on 08/07/2015

    » By heeding their government's advice and voting "No" in the referendum on Sunday, Greek citizens sent an unambiguous message.

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