We have not yet begun to fight! The Trump Administration’s August 5 designation of China as a currency manipulator marks a new crossing of policy lanes in US-China relations. In the many facets of that relationship and the rising tension between the two, America needs a clear understanding of our objectives and priorities. Followers of […]
A currency shakeup, corruption probes on the oil industry, and a growing crackdown against political opponents. Venezuela’s situation demands our attention.
‘Is this a currency war or what? Fast-growing nations like Thailand are trying to devalue their exchange rates to bolster their export-driven economies. In Washington, where “strong dollar” has been the mantra for years, policy makers are taking steps that could make the already weak dollar weaker still. These uncoordinated moves among global central banks to weaken their respective currencies is precipitating a global currency war.