China Shuts Down FOREX at Foreign Banks to Try to Stop Dollar Rise

China has suspended FOREX business at three main foreign banks for the first quarter of 2016 in an effort to curb the outflow of capital into the rising dollar. This is an interesting attempt to curb the rise in the dollar … Continue reading

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Russia Responds Precisely on Target

Nearly $300 billion worth of confiscated frozen Russian assets have been set to the side by the West. Some of the world’s leading decision-makers have been urging the powers that [...]
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