A quick synopsis of the last five years. The RMB tumbles against the euro (and most European currencies). Chinese exports to Europe surge, growing faster than Chinese exports to the US (eve…

I liked the lede of this week’s economist story on the Fed, the dollar and oil: “THE spirit of St Augustine hovered over the Federal Reserve this week. “Oh Lord, let us stop cutting interest rates…

Commentary in the aftermath of Thursday’s Supreme Court decision to uphold the Affordable Care Act has focused on its immediate political and policy consequences and on the limits it articulates to t…

Martin Wolf’s FT column makes a number of crucial points:1) Asia has let undervalued exchange rates (and reserve accumulation) substitute for policies to promote domestic demand. The (growing) back…