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  • News & article

    Moscow detached from the fighting

    Sunday Spotlight, Published on 18/09/2022

    » On a recent evening in Red Square, a corps of elite paratroopers dressed in camouflage performed a battle-like dance with pyrotechnics. An Egyptian performer dressed as a pharaoh rode back and forth in a chariot wielding an ankh, the ancient Egyptian symbol of life, as a band played Katyusha, a Soviet-era patriotic war song.

  • News & article

    How did Japan become so cheap?

    Oped, Published on 09/03/2022

    » Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, contained a shock for Japan. They show that the yen's real effective exchange rate (Reer, representing roughly the purchasing power of the currency) is now as low as it was in the early 1970s when the yen was first floated following the collapse of the Bretton Woods and Smithsonian systems of fixed exchange rates.

  • News & article

    Taxi no longer the ride of choice

    Business, New York Times, Published on 28/01/2017

    » John McFadden no longer sticks his hand out for a yellow cab. He has plenty of other options at his fingertips.

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