He describes the battle between electronic payment technology and the human desire for good old cash in worrisome times as a “tug of war.” “From the point of the view of understanding what drives currency demand, historically we've tended to focus on …
To be sure, US Treasury bond yields jumped 23 basis points (bps) to two-and-a-half-year high levels post announcement of the jobs data on Friday, while the dollar index, as measured against six major currencies of the world, soared to 84.45, its …
Less dramatic but no less intense than military battles is the economic war being conducted against the Syrian people and Syrian government by the Western powers, led by the United States. Economic sanctions imposed by the imperialist drive for “regime …
Germany compares reported US bugging to 'Cold War' · Suspect arrested in more than 700 European highway shootings · DoD gives German workers pay raises as American workers get furloughed · Krauthammer: Obama's Berlin speech 'self-indulgent, …
He studied the markets, read every book, the Wall Street Journal, went to school to study investing, and continued to invest his own money throughout the Depression and the 55 years thereafter. He bought and sold raw land, coins, precious metals …
Policies such as market protection, overvalued currency, low taxes and access to cheap foreign exchange, which were supposed to promote import substitution, simply became vehicles to bolster the flow of oil rent to the local elites. One form this took …
The drop in the Syrian pound, the world's steepest currency decline this year, has prompted Syrians to look for alternative methods to maintain the value of their assets amid restrictions on foreign currency and remittances abroad. The pound has fallen …
Examples include industrial espionage and sabotage, trade wars, currency wars, and the present China-versus-the-Rest gold war, where China buys real, physical gold hand over fist as the price of paper gold falls. Later, it will have major backing for …
A weaker rand currency, which lowers local costs for domestic gold producers, has given them a temporary life-line of sorts but not enough to halt the terminal decline. According to Roger Baxter, chief economist at South Africa's … The membership war …