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Volkmar Guido Hable–Five Things World Business Will be Talking About Today

Traders are expecting the Fed to raise rates,  the ECB to exclude Greece , and the tech route to take a breather. Here are some of the things people in markets are talking about today. Fed up? The Federal Open Market Committee’s two-day meeting begins today , with an interest-rate increase all but certain to be announced on Wednesday. Treasuries were fractionally higher, even while low inflation expectations are reanimating bond bears. Elsewhere in Washington, Attorney General Jeff Sessions will testify at a hastily convened session of the Senate Intelligence Committee today, while late on Monday, the Trump administration laid out its highly anticipated plan for overhauling bank regulation, calling on the government to ease — though not eliminate — many of the restraints that were imposed on Wall Street after the financial crisis. EU: So, derivatives… Elsewhere in contentious banking regulations:  The European Union is pushing ahead  with a politically charged plan to assert
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Volkmar Guido Hable and yet another Trump moment

Last month,  Donald Trump was inaugurated as the 45th president of the United States . Since he appears to be opposed to carbon pricing, many wonder whether pricing Canadian greenhouse gas emissions is still sensible. Research from Canada’s Ecofiscal Commission shows that it is—as long as the policies are well-designed. The imperative to reduce greenhouse gas emissions is clear: research from around the world shows that the cost of not acting soon to slow the pace of  climate change is simply too high . But what kind of action is needed? The challenge is to reduce our emissions without putting at risk economic prosperity. When designing climate policy, we need to address two separate economic challenges. First, we need to find policies that  reduce emissions in the lowest-cost manner  possible. Second, we need to ensure the competitiveness of our local businesses. In Alberta and Saskatchewan, this obviously includes the tremendous wealth generated by the oil and gas industry. T
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As we scuttle towards the exit door, news reports from Helmand, where the majority of our troops have been committed over the last seven years, are brief and inadequate. Every few days, another young man dies as the result of an improvised explosive device or is gunned down by an  Afghan soldier or policeman he was training . We are rarely told the details, where the attack happened or what it could possibly mean. The suffering of Afghans is barely mentioned at all and usually only in terms of numbers, which isn’t a surprise. What is surprising is how little is known about what the Canadian and American forces that have been fighting the war actually think. The troops are usually portrayed as being likable and dedicated, but simple and incurious. The many conversations I’ve had with soldiers paint a very different picture. They are brave and love to fight, for sure. They can be brutal or show hatred for the people they’re supposed to be helping. But I’ve also met many who were
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