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BERKELEY – The world economy is visibly sinking, and the policymakers who are supposed to be its stewards are tying themselves in knots. Or...
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Jewish Business News
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For months now, China’s exchange-rate policy has been roiling global financial markets. More precisely, confusion about that policy has been roiling the markets. Chinese...
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BERKELEY – The silly season that is a presidential election campaign in the United States has taken a particularly absurd turn as the candidates...
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Recent trends in productivity growth make it hard to be optimistic about the future. In 2014, the global growth of total factor productivity, or...
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For much of the year, investors have been fixated on when the Fed will achieve “liftoff” – that is, when it will raise interest...
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It’s hard to be optimistic about Europe. Last summer, a political cage match between Germany and Greece threatened to tear the European Union apart....
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BERKELEY – On August 11, China devalued its currency by 2% and modestly reformed its exchange-rate system. This was no earth-shattering event, but financial...
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MONTEVIDEO – Central bankers continue to fret about frothy asset markets – as well they should, given the financial crisis of 2008-2009. Having been...
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BERKELEY – Whatever one thinks about the tactics of Greek Prime Minister Alexis Tsipras’s government in negotiations with the country’s creditors, the Greek people...
World News
Come to Asia and you will hear a growing chorus of concern that China is building a sphere of influence in the region. To...