Tag Archives: Politics
Global Stock Slide, The Graceful Jimmy Carter
Friday, August 21, 2015
The China Syndrome: Stock prices around the world are sliding on worries about the Chinese economy. China’s main index dropped 4.3 percent today. Yesterday the Dow Jones dove 350 points. Investors are worried that emerging markets in China, Brazil, and …
China Devalues, Sucker Punched
Wednesday, August 12, 2015
GeoEcon 101: In the midst of an economic slowdown and a stock market slump, China devalued its currency for the second day in a row. The Central Bank dropped the value of the yuan, by 1.6 percent against the US …