A $1 trillion coin could be used by the Obama administration to finance spending even if the debt limit isn't raised, Karlsson writes.
A day after President Mohamed Morsi reshuffled Egypt's cabinet, an IMF representative was in Cairo to discuss a $4.8 billion loan. But the cost of that needed cash appears steep.
The Egyptian pound has tumbled in recent weeks, but it could go much further. Here's why.
Residents speak of a tough year, and worry about a tougher one ahead.
The process of passing Egypt's Constitution has created more political distrust and anger. Meanwhile, a neglected economy is heading towards grim shoals.
The cause of Japan's deflation isn't monetary, it's demographic. Inflationary policy won't work in the long term.
Salerno questions the Keynesian doctrine that government spending per se raises income and promotes economic recovery.