ECONOMICS

Mixed Messages for Morocco and Tunisia

There’s good and ugly economic news in Morocco and Tunisia, according to Oxfam and the IMF.Two recent reports highlight the challenges of developing an equitable and high-performing economy in North Africa. While Morocco and Tunisia have demonstrated a degree of political will in announcing goals for more equitable societies, there is opposition from traditional elites, and the structures of the economies themselves are obstacles to opening up opportunities for economic growth.

Will Deutsche Bank Survive Its Latest Crisis?

Deutsche Bank is in hot water after recent raids by police. What will happen next?Deutsche Bank faces its most severe test yet in the wake of police raids on its Frankfurt offices on November 29 over suspicions of helping its clients in money laundering. The scene was dramatic: 170 officers descended on six Deutsche Bank buildings, including its headquarters, and seized documents and files, according to an NPR report.

Will India’s Unemployment Crisis Cost Modi His Job?

The challenge of fixing India’s job crisis is an unachievable task for any one-term government. India is the world’s fastest-growing major economy. It is also home to the highest number of unemployed in the world. More than half of India’s 1.2-billion population is under the age of 25. These predominantly youthful voters cheered Prime Minister Narendra Modi to a historic electoral victory in 2014. As Modi’s term comes to an end this April, little change has come to these voters’ lives. This poorly educated and mostly unskilled workforce seems restless and vengeful.