Topic: U.S. Dollar
Top galleries, list articles, quizzes
-
How the world is reacting to Obama's reelection
From China to Iran, President Obama's reelection elicited everything from celebration to doubt about his second-term agenda. Here are 11 responses:
-
Obama vs. Romney 101: 4 ways they differ on China
China's rise has led President Obama to “pivot” his foreign policy toward Asia, hoping to enhance US power and expand its cooperation with China. Romney speaks more in terms of confronting a country whose interests often clash with those of the US.
-
Ron Paul vs. the Federal Reserve: four epic moments
Ron Paul hasn't been the Federal Reserve's only critic, but he ranks among the most consistent and persistent in his charge that the Fed has debased the dollar and destroyed the wealth of Americans.
-
Top 5 ways to save on your summer vacation
If you're pining for a summer vacation but worried about costs, consider how Wayne and Pat Dunlap of Del Mar, Calif., managed to tour 51 countries over two years, marvel at the Egyptian pyramids, scale a New Zealand glacier, and visit Laotian Buddhist monks all for less than $100 a day. "We often stayed at guesthouses and hostels, ate at local family restaurants, took public transportation, and in some cases, traveled on cruise ships offering reduced rates," says Mr. Dunlap, author of the travel book "Plan Your Escape." This year amid price worries and higher summer airfares, especially to Europe such ingenuity could prove essential. Here are five cost-cutting strategies that can help:
-
Six reasons to keep America as No. 1 superpower
Many around the world say American decline would preserve global stability through a better balance of power. They’re wrong, says Steve Yetiv, a political science professor at Old Dominion University. It’s not that other countries or international institutions can’t play vital roles. They do. But they can't yet do what Washington does around the world, Yetiv says. Here he gives six examples.
All Content
-
Backchannels
Happy new year, Cairo?Residents speak of a tough year, and worry about a tougher one ahead.
-
Backchannels
New Constitution divides Egypt as economy faltersThe process of passing Egypt's Constitution has created more political distrust and anger. Meanwhile, a neglected economy is heading towards grim shoals.
-
Stefan Karlsson
Japan's new inflationary strategy: wrong targetThe cause of Japan's deflation isn't monetary, it's demographic. Inflationary policy won't work in the long term.
-
Are moves to add jobs to US factory floors a harbinger, or outliers?
Apple, Lenovo, LG Chem, and now Daimler AG have all recently said they plan to add manufacturing jobs in the US. President Obama hopes it's a sign of the times, but economists say it's, at best, a nascent trend.
-
The Circle Bastiat
Does government spending really promote economic growth?Salerno questions the Keynesian doctrine that government spending per se raises income and promotes economic recovery.
-
Staying afloat: Europe releases more money for Greece
After a 12-hour meeting lasting into the wee hours last night, Greece's creditors agreed to cut its debt and release more bailout funds, staving off yet another Greek bankruptcy.
-
Paper Economy
Whatever happened to limited government?The concept of “limited government” seems to have become a relic of sorts, writes SoldAtTheTop, mocked by one side of the ideological spectrum, paid lip service to by the other but widely discarded overall.
-
Will China's new leaders implement bold reforms?
China's Communist Party transitioned to new leadership peacefully on Thursday. Rapid growth over the past decade has left the Chinese public wanting more. Will the new government deliver?
-
How the world is reacting to Obama's reelection
From China to Iran, President Obama's reelection elicited everything from celebration to doubt about his second-term agenda. Here are 11 responses:
-
Cover Story
Is Europe really on the brink?Europe's biggest crisis in the postwar era is not just about the economy. It's about a search for identity – and a rationale for staying unified.
-
Robert Reich
How Obama can defeat Romney: Break up the big banks.President Barack Obama should counter Mitt Romney’s extraordinary solicitude toward Wall Street with a proposal to cap the size of the nation’s biggest banks, Reich writes.
-
Gloomy Google report hurts Nasdaq; Stocks fall
Trading of Google stock halted Thursday after a poor earnings report was prematurely published. The report's bleak advertising figures dragged down Facebook stock as well.
-
High earnings, low inflation propel stocks upward
Low inflation and decent earnings reports sent stocks upward Tuesday. Stocks in nine out of 10 industry groups in the S&P 500 index rose.
-
Focus
As sanctions crush rial's value, Iranians point fingers at AhmadinejadWestern leaders may finally be seeing the result of stringent sanctions as Iranians blame their government, not the US and EU, for the precipitous economic decline of the oil-rich country.
-
Softbank to pay $20 billion for Sprint (+video)
Softbank reaches deal to buy 70 percent of Sprint. Softbank deal, the biggest foreign acquisition by a Japanese company, would create world's No. 3 mobile company, tied with AT&T.
-
Stocks barely flinch after good jobs report
Stocks initially rose on news of the unemployment rate dropping to 7.8 percent. But in afternoon trading, stocks failed to hang onto early gains.
-
Opinion: In quest for jobs, Fed chair Bernanke's money spigot hurts economy in long run
US unemployment fell to 7.8 percent (a possible boon to President Obama, whose economic leadership Mitt Romney criticizes). But job growth remains slow. Fed Chair Bernanke's quantitative easing policies aim to boost the economy, but they will more likely spur inflation and capital flight.
-
Iran's currency: Why did the rial tumble so precipitously? (+video)
US sanctions played a role. However, Iranians aren't blaming the US, they're blaming their own government.
-
Iran's currency plunges 40 percent, riot police called out (+video)
Iran deployed riot police in Tehran after street protests broke out over Iran's falling currency. Washington says fall of the rial is a combination of Iranian government mismanagement and the bite from tighter sanctions.
-
In Iran, currency freefall sparks protests, crackdown
Amid reports of sporadic street violence, Iranian authorities have moved to crack down on sidewalk money changers, close exchange houses, and block currency websites.
-
Argentina: Oil nationalization and currency controls divide a nation
Months after Argentine President Cristina Fernández de Kirchner’s nationalization of the YPF energy company and controversial economic policies, where does Argentina stand?
-
Iran's president blames currency nosedive on 'psychological pressures' (+video)
Iranian president Mahmoud Ahmadinejad downplayed criticism that the steep plunge in Iran's currency, the rial, is due to government mismanagement of the economy, instead blaming Western sanctions.
-
What's causing Iran's currency to collapse? (+video)
Iran's currency, the rial, hit a record low on Tuesday, threatening to worsen job losses and lower living standards within the Islamic republic.
-
Latin America Monitor
An Argentine abroad challenges President Kirchner over currency controlsAt a Harvard University event, Argentina's President Cristina Fernandez de Kirchner responded with gusto to a question about her government's strict currency controls.
-
Europe unrest reverberates on Wall Street
A dip in home sales and unrest in Europe sent stocks sliding Wednesday, extending the longest losing streak for the S&P 500 since mid-July. European stocks had their worst day in months as unrest threatened to boil over in Greece.
Become part of the Monitor community