At the heart of the economic war: the parity of the rouble. Ulianapinto/Pixabay March 16, 2022 Debt repayment in roubles, a possible economic counterattack for Russia? Jérémie Bertrand, IÉSEG School of Management and Aurore Burietz, IÉSEG School of Management The idea: to use the credit channel by making foreign banks bear the consequences of the devaluation of the Russian currency.
Michael Bloomberg gave Johns Hopkins $1.8 billion in 2018. AP Photo/Patrick Semansky January 10, 2019 The downside of doing good with a market mindset David Campbell, Binghamton University, State University of New York When the only fixes getting funded are designed to leave the status quo intact, the results of philanthropy inevitably fall short.
A woman in Venezuela shows off the new two and five bolivar soberano bills. Reuters/Carlos Garcia Rawlins August 22, 2018 Venezuela’s ‘desperate’ currency devaluation won’t save its economy from collapse Benjamin J. Cohen, University of California, Santa Barbara 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.