Tag: thailand

September 19, 2013 0

Purposeful Class Warfare? Breathing Room for Rupee? Sheer Stupidity? Ridiculous Comment of the Day

By News Desk

Some people think the Fed’s actions are purposeful, but in a favorable sense. For example, please consider Bernanke Buys Time for Brazil to India as Rupee Leads Rally The Federal Reserve’s surprise decision to refrain from scaling back monetary stimulus provided a respite to investors in emerging markets, where currencies are in the midst of their worst rout in two years.“It gives everyone some breathing time,†Denise Simon, an emerging-market fixed income manager at Lazard Asset Management, which oversees $147 billion, said by phone from New York. “It certainly takes some of the immediate pressure off the more vulnerable countries

September 12, 2013 0

A Plea for Caution From Russia

By News Desk

New York Times Recent events surrounding Syria have prompted me to speak directly to the American people and their political leaders. It is important to do so at a time of insufficient communication between our societies.Relations between us have passed through different stages. We stood against each other during the cold war