Showing posts with label Davos. Show all posts

Wednesday, January 28, 2015

Davos 2015: Nouriel Roubini targets Art Market for criticism

Regulation is needed in the global art market because it is vulnerable to money laundering, tax evasion, trading on inside information and price manipulation, according to one of the world's most respected economists.

Professor Nouriel Roubini, an economist at New York University's Stern School and himself an art collector, said the market had to regulate itself or be subjected to external regulation because it had weaknesses that would not be allowed in other kinds of financial markets, such as equities.
"Whether we like it or not, art is used for tax avoidance and evasion," Prof Roubini said. "It can be used for money laundering. You can buy something for half a million, not show a passport, and ship it. Plenty of people are using it for laundering."
read more @ http://www.euro2day.gr/ftcom_en/article-ft-en/1296408/davos-2015-nouriel-roubini-targets-art-market-for.html

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Friday, January 29, 2010

Roubini Greece Is Bankrupt

By: Kim Khan
News Editor, CNBC.com
Are we concentrating too much on sovereign debt concerns? Not according to Nouriel Roubini, who can still live up to his pessimistic reputation.

“Greece is bankrupt,” Roubini told CNBC.com at WEF. “Look, they have to ask China to help them out.”

Greece is trying to get trying to entice China to buy 25 billion euros ($35 billion) in bonds, according to published reports Wednesday.

If the situation becomes dire enough the European Union will be forced to help bail Greece out because it’s such a threat to the monetary union, he said.
Read Article>>>

Nouriel Roubini responds to Jim Rogers about the commodities bubble

Nouriel Roubini in Davos interviewed by CNBC January 27 2010

Hiring and income will remain weak in advanced economies, Nouriel Roubini , chairman of RGE Roubini Global Economics, told CNBC. Nouriel Roubini is bullish about the emerging markets in the long run , but he admits that China is suffering from a commercial and residential real estate bubbles and an growing assets bubble , there are signs of overheating in the Chinese markets , Nouriel Roubini explains...

Thursday, January 28, 2010

Roubini from Davos to CNN Money even China could get in trouble

Nouriel Roubini CNN Money From Davos

Gold is a bubble , China too could get in trouble said Nouriel Roubini

Roubini from Davos More Bubbles popping CNN Money

Wednesday, January 27, 2010

Roubini from Davos Spain a Bigger Problem for EU Than Greece

Roubini From Davos calls Spain Bigger a Problem for EU Than Greece
Nouriel Roubini in Davos Switzerland talks with Bloomberg Telivision about the risks in the Spanish economy and the future of Europe's monetary union.

Speaking in Davos, Switzerland, yesterday, Roubini also discusses asset bubbles in China, banking regulation and the outlook for the dollar. (Source: Bloomberg)

Roubini from Davos Spain Bigger a Problem for EU Than Greece

Nouriel Roubini, (born March 29, 1958, Istanbul, Turkey), Turkish-born American economist and educator who was best known for predicting the 2007–08 subprime mortgage crisis in the United States and the subsequent global financial crisis.

Born to Iranian Jewish parents, Roubini moved with his family to Iran and Israel before they settled in Italy in 1962. After a year at Hebrew University of Jerusalem, he studied economics at Bocconi University in Milan (B.A., 1982) and Harvard University (Ph.D., 1988), where he specialized in macroeconomics and international economics. He joined the economics faculty at Yale University in 1988 and taught there until 1995, when he moved to New York University. He also served as a visiting scholar to the International Monetary Fund (IMF), was a research associate with the National Bureau of Economic Research (NBER), held single-year terms on the White House Council of Economic Advisers (1998–99) and at the U.S. Department of the Treasury (1999–2000), and cofounded (2004) the consulting firm Roubini Global Economics. Roubini spent much of his early career studying countries that experienced extreme economic failures, such as Mexico (in 1994), Thailand and other countries associated with the 1997 Asian financial crisis, Russia (1998), and Argentina (2000). He determined that each shared one common element: a massive current account deficit.(www.britannica.com)

Nouriel Roubini is the Chairman and CEO of Roubini Macro Associates, LLC, his own global macroeconomic consultancy firm. He is also a professor of economics at New York University’s Stern School of Business. Dr. Roubini has extensive policy experience as well as broad academic credentials. From 1998 to 2000, he served as the senior economist for international affairs on the White House Council of Economic Advisors and then the senior advisor to the undersecretary for international affairs at the U.S. Treasury Department, helping to resolve the Asian and global financial crises, among other issues. The International Monetary Fund, the World Bank and numerous other prominent public and private institutions have drawn upon his consulting expertise.

NOURIEL ROUBINI BLOG