The U.S./China trade war is also sparking a currency conflict, one that brings to mind the international climate in the early years of the the Great Depression.
Tag: Monetary
More and more countries are limiting cash transactions and the amount people can carry. Beyond the economic rationale, what are the moral implications?
BEIJIJNG — On March 12, Britain applied to join the China-led Asian Infrastructure Investment Bank (AIIB) as a founding member. It was the first major Western country to do so. Other European countries including France, Germany, Italy, but also Luxemburg and Switzerland have since followed suit. Not only has the AIIB attracted more than 20 […]