A deep recession, a severe drought and a plunging currency have led to the biggest bailout in IMF history. The government hopes it can avoid the meltdowns that followed past crises.
Americans seem to believe trade deficits are a bad thing, partly because of arguments suggesting they mean the US is ‘losing.’ An economist explains why that’s rubbish.
Bryan Keogh, The Conversation; Jeff Inglis, The Conversation, dan Nicole Zelniker, The Conversation
Bitcoin and other digital currencies have been running wild in recent years, soaring and then plunging in value. A few stories from The Conversation’s archive offer a glimpse into their world.
As Iran struggles under another round of international sanctions, a widening social gap is putting President Hassan Rouhani’s government under pressure.
South Africans debating the zero rating of certain products for VAT purposes must realise it isn’t a panacea for poor people and should be accompanied by other policies.
The recent Rokan block deal signals a shift to a more nationalist agenda, but Indonesia’s government is still pursuing other more outward-looking economic policies.
Venezuela recently devalued its bolivar by 95 percent to tame rabid hyperinflation that has been sending prices on everyday goods through the roof. If history is a guide, it won’t work.
Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here’s why you should resist the strong temptation to do so.
The Trump administration’s promise of $12 billion in aid to offset losses from retaliatory tariffs will not make up for the long-term consequences of a prolonged trade war.
While the hurricanes last year dealt devastating blows to Puerto Rico, its challenges predate the storms and continue on today. They also offer new opportunities.