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by Joseph Joyce To fix or not to fix: Jeffry Frieden’s “Currency Politics” The decision by the Swiss National Bank to abandon its peg to the euro serves as an example of the relatively limited life spans of fixed exchange rate regimes. While the fragility of exchange rate commitments has … Read entire story.
Source: Angry Bear
The American shale industry is a testament to the inventive spirit of grassroots capitalist enterprise. This sector was revolutionized by innovative frackers, who introduced groundbreaking methods of horizontal drilling and oil extraction from rock formations. However, not all major oil companies rushed to capitalize on the shale boom with the same zeal. Global oil giant […]
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By Hideyuki Sano TOKYO (Reuters) – Asian shares soared on Friday on news of a ceasefire accord in Ukraine, while Sweden's surprise move to cut its main rate into negative territory and hopes of a resolution between debt-strapped Greece and its creditors burnished risk appetite. MSCI's broadest index …