19 Nov 2018

China Considers Currency Changes as Pressures Mount

by | posted in: Far East, News |

A Benjamin Franklin US 100-dollar banknote and a Chinese 100-yuan banknote depicting late Chinese chairman Mao Zedong are seen in a photo illustration, Jan. 21, 2016. ~Reuters Under pressure from a slowing economy, rising tariffs and skittish investors, China’s government … Read More
10 Aug 2018

Turkish lira in free-fall as Trump doubles metals tariffs

by | posted in: European Union, News |

After US president hikes taxes, Turkish president encourages Turks to buy lira in two separate speeches as currency hits record lows. The value of the lira dropped as much as 20 percent on Friday (AFP) President Recep Tayyip Erdogan told … Read More