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economics

UBS-building

The Aftermath of LIBOR and Penny-Shaving Attacks

12/08/2015(0)
Anyone remember the LIBOR scandal from back in spring 2008? A trader for UBS Group and Citigroup named Tom Hayes was just sentenced by a British court to 14 years imprisonment for his role as ... Read More
power-station-china

China Prepares Mergers for Big State-Owned Enterprises

11/03/2015(0)
Plan seeks to make firms more profitable but tightens government’s grip China’s leadership is preparing to radically consolidate the country’s bloated state-owned sector, telling thousands of enterprises they need ... Read More
chinese-flag

China Has Announced Plans For A ‘World Currency’

06/03/2015(0)
The Chinese do not plan to live in a world dominated by the U.S. dollar for much longer.  Chinese leaders have been calling for the U.S. dollar to be ... Read More
monetary_policy

The Two New Tools of Monetary Policy

12/11/2014(0)
Every basic exposition of how monetary policy is conducted before about 2008 is soon to become obsolete. The three basic monetary policy tools that used to be taught in ... Read More
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