Current political and economic issues succinctly explained. Section 232 tariffs aim to protect U.S. national security. Created by the Trade Expansion Act of 1962, Section 232 empowers the president to ...
Foreign exchange is the largest and most liquid financial market, with nearly $10 trillion changing hands daily. It’s the underpinning for global trade and finance—and its structure is changing as ...
President Irfaan Ali on Tuesday said several measures would be put in place by the Guyana Revenue Authority (GRA), commercial banks and the Bank of Guyana (BoG) to stem the outflow of United States (U ...
John Hawkins was formerly a senior economist at the Bank for International Settlements. Reports of the death of the US dollar appear to be greatly exaggerated (like that of author Mark Twain). Global ...
New data shows the US dollar still dominates foreign exchange markets—despite Trump's economic chaos
So, only around 1% of global foreign exchange trading relates to international trade. Most foreign exchange trading is therefore not importers buying foreign currency to purchase goods from their ...
ROCHESTER — It didn’t take long for Gustavs Baltavics to make a lasting impression on his new John Marshall soccer teammates. The Latvian foreign exchange student turned heads immediately within the ...
Forbes contributors publish independent expert analyses and insights. I apply economic insights to improve regulations and their effects. At a time when politicians of both parties are seeking ever ...
The Speaker of the House of Representatives, Hon. Tajudeen Abbas, has said the Naira-for-Crude Oil Policy carries significant implications for Nigeria’s foreign exchange stability and revenue ...
SEOUL, Sept 23 (Reuters) - South Korean President Lee Jae Myung said negotiations with the U.S. on tariffs have stirred concerns in the foreign exchange market but he was confident the two sides will ...
On September 22nd, 15 minutes before Argentina’s foreign-exchange markets opened, America’s government made an intervention. “Argentina is a systemically important US ally,” Scott Bessent, America’s ...
Washington — Gary Cohn, IBM vice chair and former National Economic Council director in President Trump's first term, said Sunday that "we've seen the job market degrade," though he noted that it may ...
Naira depreciated against the US dollar in both the official and unofficial foreign exchange markets CBN data showed that the naira fell marginally in the official market and by N5 in the unofficial ...
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