A new Plaza Accord for global currencies wouldn’t work

Why a new Plaza Accord to address Asian currency weakness is unlikely to succeed

The article discusses the recent weakness of Asian currencies, particularly the Korean won and Japanese yen, against a strengthening US doll

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I've written on this notion of a Bessent Doctrine. My thesis is that Bessent views stablecoins under the GENIUS Act as being the 3d Act of the Dollar. The 1st Act was the post WW2 Bretton Woods accord

U.S. Declines to Renew North American Trade Pact, Raising Economic Uncertainty

The U.S. has declined to renew a trade pact with Mexico and Canada, marking a reversal for a President who previously championed the agreeme

U.S. Declines to Renew North American Trade Pact, Raising Economic Uncertainty

The U.S. has declined to renew a trade pact with Mexico and Canada, marking a reversal for a President who previously championed the agreeme

Iran deal brings little relief for inflation-wary central banks

Global imbalances need not lead to trade wars