Friday, June 5, 2020

Trump weakens China’s currency, cries foul

Jon Healey The Dow Jones industrial average went on a 900-point freefall Monday after China allowed its currency, the yuan, to weaken beyond the seven-to-a-dollar...

Don’t put your valuables in the bank

MATT LEVINE Banks are places to store your money, but not really. Not literally. It’s not like you hand your money to the teller and...

The fall of the economists’ empire

Robert Skidelsky The historian Norman Stone, who died in June, always insisted that history students learn foreign languages. Language gives access to a people’s culture,...

Congress must not cede its authority to raise debt

PAUL WINFREE Last Friday Treasury Secretary Steven Mnuchin asked Congress to increase the debt limit. And so begins another contentious debate. Throughout our nation’s history, Americans...

Should you buy ASX bank share for 8.3pc dividend?

Sebastian Bowen This ASX bank’s share price is up almost 15% for this year so far, and up more than 20% if you include...

Hong Kong and Taiwan preview China’s future

Joseph Bosco The people of Hong Kong have demonstrated dramatically — and until Monday, nonviolently — that they reject Beijing’s heavy-handed tactics in eroding the...

Funding research is essential

FRASER MOONEY With the 2020 presidential race heating up, candidates are condemning gun violence as a “national epidemic” and “public health emergency.” This should come...

Why cryptocurrencies are facing an uncertain future

The cryptocurrency industry's leader, Bitcoin, has been on an upward journey this year, gaining a massive 188.62 per cent year-to-date. But the road looks...

The IMF: buyers beware

Shahrukh Rafi Khan THIS short essay makes four points. First, the IMF serves global capital (finance and multinational corporations (MNCs)) by creating opportunities for it....

Bank stress tests need to be more stressful

LONDON: This week, the Federal Reserve will release results from its most recent round of stress tests, in which it subjected the country’s largest...

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