Honey, the Fed Shrunk Global Dollar Credit: WSJ
It meant to curb borrowing in the U.S. and control inflation but instead unleashed something that may be more destabilizing. [ad_2] Source link...
Scrambling to Avoid Default, White House Weighs Debt-Limit Fallback Options
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Opinion: The Fed says don’t worry about U.S. banks, but why should anyone believe them?
The aftershocks of the collapse of Silicon Valley Bank (SVB), while seemingly fading, are still reverberating around the world. Although Federal Reserve officials have taken...
On Basco Island South of Taiwan, U.S. Military Prepares for Conflict With China
The drills, part of the largest-ever annual military exercises with the Philippines, focus on defending the Bashi Channel, a key transit point for the Chinese...
Shopping for Insurance Against a Debt-Ceiling Debacle? Buyer Beware: WSJ
Quirks in the market for credit-default swaps might distort the probability of the Treasury defaulting on U.S. government debt. [ad_2] Source link...
Ballooning National Debt Is a Rotten Legacy
William A. Galston writes the weekly Politics & Ideas column in the Wall Street Journal. He holds the Ezra K. Zilkha Chair in the Brookings...
Janet Yellen Blames Everybody Else for the Financial Panic: WSJ
Regulation failed to prevent bank failures, but the Treasury secretary wants more regulation. [ad_2] Source link...
China Wants to Be at Center of New World Order, Top EU Official Says
World Europe Trade bloc needs to defend its security and economic interests, she says ahead of trip to China [ad_2] Source link...
Opinion: The end of the ‘everything bubble’ has finally hit the banking system. Credit Suisse and SVB might be just the first of many shocks.
Major financial market regime changes typically take place in stages. The crypto meltdown in 2022, for example, incurred about $2 trillion of losses. The technology...
Russia Turns to China’s Yuan in Effort to Ditch the Dollar: WSJ
Russia’s economy, restricted from Western financial networks and the U.S. dollar, has embraced a burgeoning alternative: the Chinese yuan. Energy exporters are increasingly getting paid...