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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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The A-List
ZURICH – In 1972, during Richard Nixon’s visit to Beijing, Zhou Enlai, the first Premier of the People’s Republic of China, was asked for...
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Seven years after the global financial crisis erupted in 2008, the world economy continued to stumble in 2015. According to the United Nations’ report...
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SO NOW we have another anti-Semite. Mazal Tov (“good luck”) as we say in Hebrew. His name is Ban Ki-moon, and he is the...
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NEW YORK – Since the beginning of the year, the world economy has faced a new bout of severe financial market volatility, marked by...
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CAMBRIDGE – Since 2016 began, the prospect of a major devaluation of China’s renminbi has been hanging over global markets like the Sword of...
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BERLIN – The start of 2016 has been anything but calm. Falling equity prices in China have destabilized markets worldwide. Emerging economies seem to...
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LONDON – Business and government leaders worry about a multitude of issues these days. Climate change, weapons of mass destruction, water scarcity, migration, and...
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CAMBRIDGE – Why has the US Federal Reserve’s policy of quantitative easing been so much more successful than the version of QE implemented by...
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HAMELIN, A small town in Germany (not so far from where I was born), was infested with rats. In their despair, the burghers called...