…significant currency that is fixed to the U.S. dollar is that Malaysian Ringgit whose weight is 2.24%. So the reason for being concerned with the yuan more than currencies such…
The financial press has been rife with talk about a Chinese revaluation of the yuan over the past week or two. To cap that off, yesterday the US Treasury effectively…
…most interesting thing in this article is that the Chinese central bank are willing to allow the bailed-out banks to convert their dollars into yuan at 8 yuan/dollar instead of…
by cactus Forbes and the “Self-Made” Label I’m kinda busy these days, but this topic is small pet peeve of mine: what the heck is up with Forbes and the…
…have to submit articles.” Off-label use of drugs is big business. According to The Wall Street Journal, “[FDA] is stepping into a high-stakes business issue, because off-label uses of prescription…
…unreasonable cases, but if it is reasonable that the off-label use of the drug might have caused the damage, then the encouraged off-label use would lead to an assumption of…
…gradual for some tastes. Let me concede two things – the term manipulation is not needed here. We both seem to agree that the yuan needs revaluation and I’m certainly…
…strong interest in partially): The neo-mercantilist flat-earth society, which includes members of both parties, doesn’t seem to understand that a fixed (and now sliding) peg for the Chinese yuan simply…
Kash’s Call #1: China and the Yuan I’ve gone back and forth on this one a bit, but this is my first prediction: China will maintain the yuan’s peg to…
China Starts Yuan/RMB Futures Market Juan Cole reports that Reuters reports that China is establishing a commodities futures market in Shanghai that will operate in yuan/rmb. According to the report…