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Key central banks in a mad dash to devalue national currencies
IT IS NOW apparent that over the past decade, central bankers have done a pretty bad job. By injecting huge amounts of liquidity into the system, they have kept alive bad banks, failed to ignite...
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Fed’s policy may derail economy and bring collapse of dollar bloc
THE YEAR has not started well for global financial markets. Undoubtedly, one reason that stocks have slumped is that the United States Federal Reserve under Janet Yellen has started to raise interest...
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