MEXICO CITY — Treasury Secretary Janet Yellen said on Tuesday that the United States would be “responsible for Ukraine’s defeat” if Congress fails to approve the Biden administration’s latest multi-billion-dollar funding request for the war-torn country. Yellen told reporters on a ...
Myanmar’s central bank will no longer set exchange rates for foreign currencies and will instead allow banks and licensed dealers to set their own rates, state media reported on Wednesday. The announcement was made in a statement by the Central Bank of Myanmar (CBM) on Tuesday, according to the military-controlled media, which provided no reason ...
BEIJING — China’s finance ministry on Wednesday issued a draft rule on the management of domestic investments by the country’s social security fund. The social security fund will make direct and private equity investments with strict risk control, the ministry said. The Ministry of Finance will ...
[From Economic Policy: Thoughts for Today and Tomorrow (1979), Lecture 2, “Socialism” (1958)] I am here in Buenos Aires as a guest of the Centro de Difusión Economía Libre.1 What is economía libre? What does this system of economic freedom mean? The answer ...
Money supply growth fell again in October, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. October’s drop continues a steep downward trend from the unprecedented highs experienced during much of ...
Sen. Elizabeth Warren is at it again: demanding government intervention in the nation’s healthcare system to deal with problems caused by earlier government intervention. Original Article: Progressive Interventionism Is Ruining American Healthcare ...
In this edition of StockCharts TV‘s The Final Bar, guest Sam Burns, CFA of Mill Street Research focuses on strength in financials, weakness in crude oil, and key macro themes he’ll be tracking into 2024. Meanwhile, Dave tracks the relentless upswing for ...
One of the political trends of the past few years has been an expanding disconnect between political unity rhetoric and the increasing disharmony politicians’ proposals create. The root of this beltway cognitive dissonance is the rapid increase in government power. ...
Critics of college legacy admissions claim that the practice is racist and admits undeserving students. The longer-term results of such admissions show why colleges continue to employ them. Original Article: The Legacy of Legacy Admissions Is Not What the Critics ...
The thirty-year mortgage, of all things, came under attack in a piece by Ben Casselman in the New York Times. The three-decade fixed rate loan is, of course, a creation of the government and adds constant fuel to the US ...