Aug 06 Global stocks rebound as China eases up on currency By Pan Pylas, Associated Press The more buoyant tone follows a big sell-off Monday, when stocks were hammered after the Chinese government allowed its currency to depreciate against the dollar and was accused by the U.S. Treasury Department of being a currency manipulator. Continue reading
Aug 06 China stabilizes currency but tensions with US remain high By Joe McDonald, Associated Press The move came a day after Beijing sent financial markets tumbling by allowing the currency to fall to an 11-year low. Continue reading
Jul 15 Codebreaker Alan Turing to be the face of a new British banknote By Associated Press During World War II Turing worked at the secret Bletchley Park code-breaking center, where he helped crack Nazi Germany's secret codes by creating the "Turing bombe," a forerunner of modern computers. Continue reading
Jul 03 Trump says U.S. should start manipulating the dollar By Martin Crutsinger, Associated Press Such a move directly contradicts official U.S. policy. Continue reading
Jun 18 Facebook plans to create its own currency for users By Rachel Lerman, Associated Press The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more e-commerce on its services and boost ads on its platforms. But that move isn't likely… Continue reading
Aug 21 Venezuela knocks 5 zeros off its currency. Will anything change? By Larisa Epatko In an effort to curb soaring inflation in Venezuela, President Nicolas Maduro shaved five zeros off the value of the bolivar. Is it enough? We asked several analysts to explain. Continue reading
Jan 26 Treasury Secretary Mnuchin’s weak-dollar myopia is dangerous By Benjamin J. Cohen for The Conversation U.S. Treasury Secretary Steven Mnuchin endorsed the weakening of the dollar as “good” for the United States this week, breaking with long-standing tradition. Continue reading
Dec 29 Fact check: Does China manipulate its currency? By Paul Wiseman, Associated Press President-elect Donald Trump has vowed to name China a currency manipulator. There's only one problem - it's not true anymore. Continue reading
Oct 27 Column: With its currency woes, will Nigeria let market forces do their job? By Vikram Mansharamani Nigerian President Muhammudu Buhari has tried to control the currency market rather than allowing market forces to fully determine foreign exchange rates. But there are also signs of market liberalization. Continue reading
Sep 26 Column: Which currencies are overvalued? The Mini Mac Index tells all By Benn Steil, Emma Smith The “law of one price” holds that identical goods should trade for the same price in an efficient market. But to what extent does it actually hold internationally?… Continue reading