Archive for July, 2010
July 31st, 2010 | 
Author: Dollar was broadly lower last week on deteriorating recovery outlook in US as well as falling treasury yield. USD/JPY made new 2010 low below 86 level while EUR/USD also closed above 1.3 psychological level. However, there were a few developments to note. Firstly, EUR/USD lost much momentum after hitting 1.31
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Raghuram G. Rajan writes that systems and large historical forces were the primary drivers of recent global financial instability.
On Broadway in New York, shoppers can pick up items of questionable authenticity, and not just of the top luxury brands.
Criminals are discovering there is money to be made in faking the more ordinary — like $295 Kooba bags and $140 Ugg boots.
KIEV — Standard and Poor’s on Friday said it was raising its assessment of Ukraine’s sovereign debt after the IMF agreed a US$15 billion package to help its economy emerge from the economic crisis. The ratings agency said it was raising its long-term
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WASHINGTON -(Dow Jones)- Premier Financial Bancorp Inc. (PFBI) can’t pay dividends without approval from regulators and must bolster its board oversight after the Federal Reserve took enforcement action against the bank Friday. Premier Financial Bancorp,
Neo-Keynesians, ‘inflationistas,’ and hardcore deflationists offer conflicting prescriptions for the world economy. Could they all be wrong?