David Cay Johnston: Currency wars and the threat of deflation
The price at which you can trade American dollars for foreign currencies may seem abstract, but events unfolding right now make it important to your
The price at which you can trade American dollars for foreign currencies may seem abstract, but events unfolding right now make it important to your
A bipartisan delegation of staff for the Senate Finance Committee and its members will head to Japan, Malaysia and Vietnam next week to discuss the
Industries across the world are bracing for a deflationary shock as China devalues, but Beijing adamant there is no secret plan to drive down the
On Tuesday, China announced the largest one-day devaluation of its currency in more than two decades. Make no mistake—although authorities claimed this policy was a
Did you ever think you’d see congressional Republicans repeal a federal law in subservience to a foreign organization? [Reposted from Forbes | John Brinkley |
Even if the Georgetown steel mill had survived to this point, China’s surprising decision Tuesday to devalue its currency likely would have been the 46-year-old
China had been setting a too-low exchange rate for their currency, thereby exporting unemployment. Then early this week their bank made a move and the
Ohio Senator Sherrod Brown has put a “hold” on the nomination of Marisa Lago to be deputy U.S. trade representative. Brown says that his trade
China’s decision to devalue its currency last week means that it has chosen to export its unemployment problem, rather than take the hard steps needed
The yuan halted a three-day slide after China’s central bank raised its reference rate for the first time since Tuesday’s devaluation and said it will