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There's a surprising winner from China's ban on North Korean coal

(Source: www.businessinsider.com)

There is a surprising potential winner from China’s ban on North Korean coal: Mongolian coal exporters.

That’s according to Christopher Wood, author of CLSA’s weekly “Greed & fear” newsletter, who cited what his team heard while in Ulaanbaatar, the capital of Mongolia earlier this week. 317 more words

Money Matters

The road to SAVE 1 Billion USD from spending by Maldives.

The only possible way to save something is by not spending it, but can we survive without spending? or can we limit the amount we spend and the same time benefit from it? 1,845 more words

Maldives

(What's Left of) Our Economy: The Case for Keeping it Simple with China Trade Just Got Stronger

I haven’t been closely following the Labor Department’s import price data lately, and that’s been an oversight. As is clear from this morning’s figures (for August), they keep telling a fascinating and important tale about China’s ongoing manipulation of its currency and how it does and doesn’t impact U.S. 1,483 more words

{What's Left Of) Our Economy

This Californian Firm is Being Accused of Illegal Chinese Aluminum Imports

The U.S. Justice Department has accused California-based Perfectus Aluminum Inc of illegally importing aluminum from China, evading $1.5 billion in tariffs, the Wall Street Journal reported citing a government complaint filed on Thursday. 137 more words

Finance

Fixing the real cost of a currency peg

This article appeared originally in Gulf News: link to original article

Is there a cost to peg a country’s currency to another? And if there is, how can that be calculated? 629 more words

Published Articles In Gulf News

North Korea warns U.S. of 'greatest pain', rejects sanctions

North Korea rejects an UN Security Council resolution imposing tougher sanctions and said the US would soon face the “greatest pain” it had ever experienced. It also accused the US administration of being “fired up for political, economic, and military confrontation”. 32 more words

World