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This emerging market carry trade is going to cause serious problems – Moneylife: Personal Finance Magazine According to The Institute of International Finance, the capital flows to emerging markets have risen to $825 billion as a result of the ultra-low monetary policy in rich countries. With meagre yields in their own countries, great herds of … Read more

Firefighters watch as home burns to the ground | WPSD Local 6 – Paducah KY | Local The homeowner, Gene Cranick, said he offered to pay whatever it would take for firefighters to put out the flames, but was told it was too late. They wouldn't do anything to stop his house from burning. Each … Read more

How Fake Money Saved Brazil : Planet Money : NPR (Complete story/podcast is on Planet Money's podcast – see right panel) This is a story about how an economist and his buddies tricked the people of Brazil into saving the country from rampant inflation. They had a crazy, unlikely plan, and it worked… You have … Read more

Adopting China’s Tactics in Currency Fight – NYTimes.com …the rest of the world is beginning to mimic the technique China has perfected: manipulating currencies for national advantage, while resisting political pressure from trading partners. (tags: currency China trade_policy Brazil Japan) Man Vs. Machine: Commentary—Shouldn’t the SEC Focus on High Frequency Products? – CNBC The SEC’s … Read more

Brazil warns of world currency war – Telegraph The world is in an "international currency war" as governments manipulate their currencies to improve their export competitiveness, said Guido Mantega, the Brazilian Finance Minister. (tags: Brazil currency trade_policy forex)