Blogs

Dollar Frequently Softens in the Last Two Weeks of December

Forex

The most widely followed bilateral relationship in the first quarter century of the era of flexible dollar exchange rates was that against Germany’s Deutsche mark. After 1998 the euro assumed the role of dollar performance bellwether when eleven European countries adopted the euro. That group claiming the euro as their money has subsequently

Bank of Russia Tightens Again

Forex

The Bank of Russia lifted its benchmark interest rate by another full percentage point to 16.0% and predicted that a tight policy stance would be needed for quite a time longer. The rate has gone from 7.5% as recently as mid-2023. The war in Ukraine has gone from a series of early setbacks for Russian […]

David Cameron calls on Hong Kong to release Jimmy Lai

Forex

<p>Foreign secretary’s plea made as publisher faces trial under national security law imposed by China The UK foreign secretary, David Cameron, has called for the release of the British citizen Jimmy Lai, the pro-democracy newspaper publisher facing a “politically motivated prosecution” in a high-profile trial in Hong Kong. In a significant i

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