In a slowing global economy, eyes turned to Shanghai where G20 finance ministers and central bankers sat down February 26-27 to assess the worsening outlook, and agree on what to do together.
By defeating attempts to drive its currency down, the Russian Central Bank has executed a procedure known as a "bear squeeze" -- the bears being those who believed the ruble would fall in value.
The present downturn of the Canadian dollar is a welcome, but overdue, reversal to a decade-long, pointless and destructive financial detour for our currency.
Each year in August, the Federal Reserve Bank of Kansas City brings world central bankers and top economists together to brainstorm about global finance.
Imagining that easy money will eventually kickstart the investment engines of the Western economies is wrong. Ignoring collateral damage from ensuing currency devaluations is short-sighted.