The Chinese yuan looks poised to join a symbolically important international currency basket but differences over its valuation remain between the US and China. US Treasury Secretary Jack Lew made clear on June 24 that...
Liquidity risk in the global bond markets is peaking at the worst possible time. It’s not simply an inconvenience for Greek bank customers emptying ATMs; a number of other trends have been building for a while that have bond investors worried.
The potential ‘housing bubble’ in the real estate market in Australia is an economically and politically charged issue, both domestically and internationally. However, there is still no clear consensus on whether or...
With just one meeting in December, the Obama administration managed to create a rapid domino and excitement effect among American and foreign investors. However, Cuba endures extensive social and economic problems...
According to new data from the European Central Bank, and contrary to popular belief, weaker currencies do not boost exports, as many firms cannot react in time to take advantage of currency fluctuations.
With interest rates being cut by Central Banks all across Asia, many have predicted a looming currency war in the region. Has Asia already entered a currency war? And if not, what will be its tipping point?
The Turkish President Recep Tayyip Erdogan had hoped to win enough parliamentary seats to push forward a plan that would grant him the ability to change the Constitution. But though the elections look like a sweeping...
A latent risk associated with probable increases in interest rates is the currency composition of debt issued by non-financial corporations in emerging markets. The Fed is expected to begin raising interest rates in September...
The latest move by the Greek government marks a shift in the way it is dealing with international lenders. Why this is the case, however, requires an understanding of the reasons behind the four-month deadlock...
The June OPEC meeting should not bring too many surprises, as the cartel’s unofficial leader, Saudi Arabia, will not support production cuts in order to boost falling prices, but will instead focus on preserving its global market share.
The Federal Reserve has little appetite to make policy based on the economic situation outside of the US, but minutes from its most recent meeting show that it is being forced to. Early in her tenure as Chair of the Federal Reserve...
Cash-strapped Argentina relies on China for everything from currency swaps to investments in nuclear infrastructure. Moreover, Argentina’s primary exports and sources of state funding are and will stay bound to the Chinese demand.
The upcoming changes in US monetary policy will have strong effects on aggregate demand, investments and public spending worldwide. On August 9, 2007, BNP Paribas, France’s largest bank, announced...
While many fear China’s rise and emerging power in international institutions, the AIIB represents a unique opportunity for the United States. While it’s currently difficult to predict the impact of China’s proposed...
With positive macroeconomic indicators, the Democratic Republic of the Congo is aspiring to be an emerging country by 2030. To achieve this goal, the country appears to be more willing to implement significant reforms.
China has been investing large sums of money into clean energy – in fact, more than any other country in the world. The reasons for this are strategic, and can have widespread consequences. China has a woeful environmental...
China’s role in the global financial system has recently caught the media’s attention more than usual, as Beijing’s financial aspirations create significant diplomatic tensions among Western countries.
The dissolution of the Soviet Union led to a rapid influx of Jewish immigration, with no fewer than 1.6 million immigrants settling in Israel. Many had been trained in engineering and the sciences, thereby laying a foundation for technological innovation.
Bernanke and Summers debate about secular stagnation as American and EU monetary policies diverge, testing their hypotheses. Former Chair of the Federal Reserve Ben Bernanke is finally speaking out on...
Seattle seeks to utilize its past reputation for innovation and frontier spirit to stay ahead competitively, while implementing welfare policies that buck the national trend. The city of Seattle has a population of 652,405, but...
