The US may not like it, but by devaluing the yuan the People's Bank of China has done what longtime critics of China’s currency policy have long been clamouring for.
Why the Chinese yuan took its biggest one-day loss in two decades.
If Greece exited the Eurozone it would face several years of economic chaos. But it would be the master of its own destiny. The current EU offer will further destroy the Greek economy.
The draconian deal imposed by the Eurogroup is worse than a reparations settlement imposed on a defeated enemy.
Backed into a corner as the banks reached the brink, the Greek prime minister may have fashioned some sort of success, and the prospect of something approaching debt relief a little down the line.
As professors, we must look up from our cosy academic debates and hear the cries around us.
Greece has voted resoundingly against the bailout terms set by the IMF in a historic referendum.
Academic experts respond to the No vote in Greece's referendum on whether or not to accept a bailout offer from their international creditors.
It might seem like Greece and Europe are arguing about money, but it's really all about vengeance.
Blaming the troika for the Greek defaut this week isn't the full story. The problem here is that the eurozone is not the main reason for the Greek crisis.
A famed game theory parable involving mutually assured destruction explains the Greek debt crisis and could explain the outcome of the Greek referendum this Sunday.
Greece is set to become the first advanced economy to default on the IMF in its 71-year history.
With the ECB freezing the level of emergency liquidity assistance it is providing to Greek banks, the nightmare scenario for Greece is already beginning to unfold.
What you need to know about the IMF and its approach to negotiations over a Greek bailout.
Investment for profit and development should lie at the heart of a solution for the imbalances in Greece and Europe.
A call to break with the leadership of Greece's ruling party has highlighted the futility of debt-led austerity and the burden it places on people on the wrong side of a banker's bad bet.
The expected departure of Ngozi Okonjo-Iweala as Nigeria's finance minister will leave Nigeria and sub-Saharan Africa without a significant voice in the IMF and World Bank.
A new IMF report predicts a crackdown on cheap credit in China will help reduce China's real GDP growth rate from 7.4% last year to 6.8% this year and further weaken demand for Australian commodities.
The creation of the Asian Infrastructure Investment Bank is a blow against US influence in global financial markets.
Yanis Varoufakis was supposed to have an academic advantage in tangled talks with the Troika. But politics can mess with the most careful plans.