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Global economy

Road to recovery may be long for some emerging markets

by Scott Tong
Sep 5, 2018
The value of emerging market currencies keeps tumbling. Argentina’s peso has lost half its value against the dollar this year. Same with the lira in Turkey. Investors are souring on Brazil. India. South Africa. Mexico. Indonesia. Some of these countries have been through currency and financial crises before. And each case is different. But sometimes […]
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How a small dairy store from Ohio became one of the biggest names in the Japanese convenience store industry

by Adrian Ma
Sep 4, 2018
The benefits of nostalgia.
A Lawson’s store in Lakewood, Ohio in 1975 (left), and a Lawson store in Tokyo’s Akasaka neighborhood in 2018. Even though the brand was founded in Ohio, there are zero Lawson stores in the continental U.S. today, and over 14,000 in Japan. 
Special Collections, Cleveland State University Library & Adrian Ma/Marketplace
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Is the Fed causing turmoil in emerging markets?

by Sabri Ben-Achour
Aug 31, 2018
How U.S. interest rates cause trouble in Turkey, Argentina, and beyond
Chris McGrath/Getty Images
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How strong is the U.S. dollar's position as a reserve currency?

by Kimberly Adams
Aug 15, 2018
Russian officials were in Turkey on Tuesday, talking with the government there about possible solutions for Turkey’s currency crisis. Both countries are also facing U.S. sanctions, so one idea they floated: Stick to their own national currencies for trade and avoid using the dollar at all. On top of that, Russian Foreign Minister Sergey Lavrov echoed […]
The dollar is an international currency — a common denomination for global business. 
Yasin Akgul/AFP/Getty Images
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Is a country's economic growth inherently tied to democracy?

by Dambisa Moyo
Apr 23, 2018
An excerpt from economist Dambisa Moyo's book, "Edge of Chaos."
The US Capitol in Washington, DC, on April 19, 2018.
DANIEL SLIM/AFP/Getty Images
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Global economic recovery eats through oil glut

by Scott Tong
Apr 20, 2018
This morning President Donald Trump turned his ire on OPEC: “OPEC is at it again,” he tweeted. “Oil prices are artificially Very High!” Sure, it’s convenient to blame someone for high gas prices. But the broader story — beyond the 280 characters that Twitter allows — is that something bigger is happening in the world oil […]
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Global economies are growing together, relying less on the U.S. as an engine

by Ryan Kailath
Aug 25, 2017
It also helps mitigate risk, one expert says.
National flags in front of the European Parliament on June 2016 in Strasbourg, eastern France.
FREDERICK FLORIN/AFP/Getty Images
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The top risks to the world in 2017

by David Brancaccio
Jan 5, 2017
No. 1 on the list: An independent America, according to the Eurasia Group.
JEWEL SAMAD/AFP/Getty Images
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Global economy still grappling with debt

by Mark Garrison
Dec 22, 2016
Almost a decade after the European financial crisis started to report the financial troubles that brought about the Crash of 2008, banks, governments, and people are again heavily in debt
 Pensioners take part in an anti-austerity demonstration in central Athens on December 15, 2016. 
ARIS MESSINIS/AFP/Getty Images
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What the Big Mac creator's legacy has to do with exchange rates

by Phoebe Unterman
Dec 2, 2016
Burgernomics, a global study comparing currency, was inspired by the hit burger.
PAUL J. RICHARDS/AFP/Getty Images
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