Forex Diamond

A tale of two markets

THE DOW Jones Industrial Average closed above 22,000 on August 2nd, something President Trump is almost certain to mention in a tweet soon*. So it might seem as...

Eastern Bank: a 199-year-old lender becomes a tech pioneer

LIKE other local bankers, Bob Rivers is counting the cost of red tape. At the end of 2015 and 2016 Eastern Bank, a Boston lender of which he...

Canadian banks don’t face a crisis. They do face a strategic trilemma

AS the global financial system was engulfed in crisis in 2008-10, only one set of banks in Europe and North America stayed serene and safe: Canada’s big five...

Two Chinese tourists are arrested for making a Hitler salute in Germany

IGNORANCE of the law is no excuse for breaking it. Over the weekend two Chinese tourists were arrested in Germany for photographing themselves making Hitler salutes outside the...

A new approach to financial regulation

An inspector QuarlesDONALD TRUMP promised to unshackle America’s financial firms from mounds of stultifying regulation and the grip of bureaucrats with little practical experience of capitalism. One way...

The progressive case for immigration

“WE CAN’T restore our civilisation with somebody else’s babies.” Steve King, a Republican congressman from Iowa, could hardly have been clearer in his meaning in a tweet this...

Taxi drivers overcharge when passengers are on expenses

MORAL hazard is a problem that crops up frequently in economics. People behave differently if they do not face the full costs or risks of their actions: deposit...

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Shell’s Downstream Stars as Earnings Beat Expectations

Europe's largest oil company by value Royal Dutch Shell plc (RDS.B) on Thursday, July 27, posted earnings of $3.6 billion, beating analyst...

Whisky could be just as sound an investment opportunity as gold

Whisky might not be the most conventional buying opportunity – but for this investor, it's a commodity worth investing in. ...