reserve currency

In many ways, massive ground wars are relics of the past. While it’s still important to maintain a strong defense, actually applying that military power is a crapshoot as far…

A new international financial institution has been announced. Brazil, Russia, India, China, and South Africa (known as the BRICS) said this week at a summit in Brazil that they are…

Back in 2011, in a rare display of bipartisan cooperation that split both Republicans and Democrats, the Senate passed a bill aimed at addressing China’s currency manipulation. The 63-35 vote…