Foreign exchange Archives

Foreign exchange

The Other Side of the Coin

by Louis Bagger,

The entrance to Castle Garden was blocked up with vehicles, peddlers of cheap cigars, apple stands, and runners from the boarding houses and intelligence offices that abound in the neighborhood…

It’s dangerous to express optimism about the economy these days. Europe’s financial markets remain fragile. China, which supports much of the world’s economy through imports, is too dependent on highly…

Trading for Jobs

by Jeff Madrick,

As President Obama begins his second term, our gross domestic product is in recovery mode. But the jobs market is still in a Great Recession. Unemployment hovers stubbornly around 8…