Alan Kohler is one of Australia’s most experienced business commentators. Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report. Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website. Alan is the regular finance presenter on the ABC News and producer of the popular nightly graph (or two).
The US Supreme Court's ruling against Argentina over sovereign immunity fails to recognise that a nation's debt problem is a burden shared by the debtor and its creditors. A sensible restructuring framework is needed.
Delaying FTAs with Japan and China would not mean a failed Asian tour for the Prime Minister, especially if the members of his business delegation recognise the enormity of the Asian economic relationship.
Fear of another Asian market crisis is misguided. Most emerging economies have learned their lesson from 1997 by ditching dubious policies, tightening financial regulation and trimming budget deficits.
2014 will present brighter prospects for the US and UK, although some fiscal adjustment is needed. Volatile capital flows will trouble emerging economies and debt forgiveness will be needed for a European recovery.