Yen Rises as Stock Drop Boosts Currency’s Appeal as Safe Haven

By Stanley White and Ron Harui Dec. 24 (Bloomberg) -- The yen rose against the euro and the dollar, snapping two days of losses, ... U.S. personal spending and durable goods orders dropped. The South Korean won rose on speculation ... purchases or sales of currencies to influence the exchange rate. Against the Australian dollar [more...]

Date: 2008-12-24 04:14:00

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Tariffs, Arbitration and price-fixing – class struggle or intra-capitalist settlement?

by Humphrey McQueen[The following text appeared in “The Review” section of the Australian Financial Review, 2 November 2007, pp. 6-8 ... the importance of tariffs for the revenue, and to maintain the exchange rate. Finally, the account ... of the tyranny of clichés 3 with which debates are clogged by “second-rate public intellectuals” - to apply [more...]

Date: 2009-01-01 05:04:37

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