Forex Diamond

Sub-national currencies struggle to survive

Five Bowies make a Winston TUCKED away in a corner of Brixton, in south London, a rainbow-coloured ATM dispenses cash, looking for all the world...

The “WTO option” for Brexit is far from straightforward

THE two sides of the Brexit debate do not agree on much, but they agree on this: if Britain fails to reach a trade...

Nestlé looks for ways to boost stale growth as consumers snub unhealthy food

LARGE food companies have long been among the world’s most solid, with reassuringly consistent returns even in hard times. None would seem steadier than...

2016 may have been an economic as well as political turning-point

THANKS to Brexit and the election of Donald Trump, 2016 is widely viewed as a political turning-point. But it may also come to be...

Toshiba admits to a ruinous overpayment for an American nuclear firm

Ritual contrition THE probe in 2015 into one of Japan’s largest-ever accounting scandals, at Toshiba, an electronics and nuclear-power conglomerate that has been the epitome...

Ford Motors courts Donald Trump by scrapping a planned plant in Mexico

IT WAS in the spring of 2016 that Donald Trump singled out Ford Motors, calling its plans to build a plant in Mexico an...

The high economic costs of India’s demonetisation

MOST economists might hazard a guess that voiding the bulk of a country’s currency overnight would dent its immediate growth prospects. On November 8th India took this abstruse...

The three Rs behind global banks’ recovery

IN THE Bible, seven years of feast were followed by seven years of famine. For banks there have been ten lean years. Subprime-loan defaults started to rise in...

Supervisors put off finalising reforms to bank-capital rules

SOME banks find existing capital requirements too taxing. To no one’s surprise, on December 23rd Monte dei Paschi di Siena, at present Italy’s fourth-biggest...

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Ibovespa Falls For Second Day, Down For The Week

(Agencia CMA Latam) - Ibovespa, the benchmark stock index in Brazil, closed down for the second consecutive trading session (-0.8%), settling at...