By the Blouin News Business staff

Monthly Archives: January 2013

Spurring growth in Russia

by in Europe.
Russia President Vladimir Putin
A portrait in self-contentment. Photo Credit: AFP/Getty Images/Alexey Druzhinin

This year, Russia has taken over the rotating chair of the G-20 group of leading economies. Its theme is the need to start a new cycle of economic growth. Timely.

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The forex of war

by in Global Economy.
Currency traders in Tokyo work beneath a display.

Japan’s record trade deficit for 2012 announced Thursday will bolster new prime minister Shinzo Abe’s determination to help his country’s exporters by further devaluing the yen through ultra-loose monetary policy. It should also strengthen the voices of those warning against the dangers of a new round of currency wars, and the politicization of central banks whose independence has kept them at bay.

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