Sep 17, 2020 | China, US Economy
The US and China recoveries are tied at the hip. Both countries responded to the pandemic in ways that suited them, with the consequence the global trade imbalance is now essentially a bilateral one between the US and China. The plunge in global trade has reduced...
Aug 29, 2013 | Emerging Markets, Global Economy
One concrete example where the recent sharp drawdown in the FX rate may herald better times ahead is in Brazil. As in most other emerging markets, a weaker currency is a double – edged sword. If it happens too quickly it can cause a run on FX reserves and add to...
