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…going to backfire: I am troubled by these charges. I am equally troubled that someone would sell a book, trading on their former service as a government insider with access…

…One thing that this made me curious about is exactly where our export growth is coming from. Who’s buying more US-made stuff? The following table shows the major trading partners…

…In morning trading, the euro was at $1.2655, down from $1.2751 late Tuesday in New York. Sterling was also lower at $1.8350 from $1.8447, while the dollar rose against the…

…is this interesting? Because the US dollar has lost around 15-20% of its value against its trading partners, which means that imports should have cost the US 15-20% more over…

…Electronic Market. The price of Dean shares is represented by the green line. Apparently, at least among the individuals trading shares on the IEM, this news has increased Dean’s chance…

…with exchange controls, and London currency analysts quickly dismissed the report in the Daily Telegraph. Yet the hullabaloo the report caused in overnight trading lingered. It may be signaling some…

…Bush administration will use the WTO ruling and the threat of retaliation by the US’s trading partners as political cover to do something that many in the administration have been…

…mixed feelings about the FTAA. While I do believe that trade generally makes both trading partners better off (see numerous posts from this week), I’m not convinced that an FTAA…

…interesting to note that the US had a fixed exchange rate with its largest trading partner through most of the 19th century, and again during the period of remarkable economic…

…concerns of those who oppose free trade on labor standards grounds, environmental grounds, and protecting domestic industry grounds. Nevertheless, free trade is a net positive for both trading partners, meaning…