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The Plight of the Fragile Five
One need not be a conspiracy theorist to feel uneasy about the power of the Federal Reserve. The American central bank is the world’s most influential financial institution, controlling the supply of the dollar, the global reserve currency. Its objectives aren’t always straightforward, as are those of the European Central […]
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The BRICS Development Bank: Does the Rise of the Rest Mean the Decline of the West?
The “decline of the West” has become an increasingly ubiquitous phrase in recent years. Depending on your perspective, you may cringe or express glee at the thought of the Western world going into relative decline and opening space for developing countries like China, India and Brazil to take on a […]