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U.S. again says China not a currency manipulator

China again escaped being branded a currency manipulator by the U.S. government on Friday, as the Treasury Department cited an appreciation in the yuan and a drop in its current account surplus.

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Found 1 month ago on channel MarketWatch

Analysis: Yuan speculators muddle China's exports, complicating reform

SHANGHAI - Companies gambling on yuan appreciation are distorting Chinese trade statistics, creating a monetary policy headache for Beijing officials and complicating government plans to liberalize the capital account.

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Found 1 month ago on channel Reuters

Viewpoint: Stop Calling Student Loans a “Bubble”!

Ever since the financial crisis, Americans have begun to see bubbles everywhere they turn. The damage wrought by the real estate bubble has been so extensive that the nation is rightfully terrified that another asset bubble is inflating beneath our noses, preparing to wreck the American economy at the drop of a hat. Bubble-phobia has now become issue number one for those who reject Ben Bernanke’s aggressive regiment of monetary stimulus, as they think it may be inflating bubbles in everything from real estate to Treasury bonds. But for frothophobes, the most dangerous bubble going today is in higher education. Don’t believe me? A quick Google search will reveal hundreds of stories foretelling of a crisis when the student loan bubble finally bursts. But let’s get a grip. When you take a closer look at higher education, you realize that while we do indeed have some problems to address, a bubble situation it is not. Here’s why: 1. The primary issuer of student loans is the federal ...

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Found more than 1 month ago on channel TIME Business

Brazil: Brazilian Government Orders Inclusion Of International Airports In Rio De Janeiro And Belo Horizonte In National Privatization Program - Mattos Filho Veiga Filho Marrey Jr Moherdaui & Quiroga Advogados

Decree No. 7,896 of February 1, 2013, orders the inclusion of Rio de Janeiro?s international airport, "Galeão", and Belo Horizonte?s international airport, "Confins", in the National Privatization Program.

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Found more than 1 month ago on channel Mondaq

Worldwide: The Rise Of Emerging Powers: Security And Foreign Policy Challenges For Canada - Gowling Lafleur Henderson LLP

The rise of Emerging Markets such as China, Brazil, India, Turkey and Indonesia presents major opportunities and challenges for Canadian business and governments over the coming years.

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Found more than 1 month ago on channel Mondaq