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Kenneth Rogoff April 05, 2021 08:42 The mighty US dollar continues to reign supreme in global markets. But the greenback’s dominance may well be more fragile than it appears, because expected future changes in China’s exchange-rate regime are likely to trigger a significant shift in the international monetary order. For many reasons, the Chinese authorities will probably someday stop pegging the renminbi to a basket of currencies, and shift to a modern inflation-targeting regime under which they allow the exchange rate to fluctuate much more freely, especially against the dollar. When...

Lagarde's attempt to stave off global bond contagion is going badly wrong European Central Bank is effectively forced to keep buying bonds on a mass scale to stop markets repricing the "Club Med" debt risk 12 March 2021 • 2:38pm It was just a matter of time before Germany’s eurosceptic professors filed a fresh lawsuit against quantitative easing at the Verfassungsgericht, Europe’s most powerful and temperamental court. A group of 16 economists and businessmen have finally pulled the trigger. They accuse the European Central Bank of “blatant monetary financing of states” in breach of...

URL copied Looop Lapeta: Taapsee Pannu, Tahir Raj Bhasin starrer to release in October Bollywood actors Taapsee Pannu and Tahir Raj Bhasin on Tuesday announced the release date of their upcoming film Looop Lapeta. The duo has been teasing fans with character posters and glimpses about their roles in the film. Now, the viewers will be able to watch them on the big screen on October 22. Taapsee said, "A comic-thriller we rarely get! Brace yourself to meet Savi and Satya..... #LooopLapeta in theatres this October 22, 2021." The actress also shared a teaser of the film announcing their ...

Seven must-read German books written by women Katie Wilson Katie Wilson 09:06 CET Goethe, Schiller, Kafka, and many other famous names in the German literary cannon are men. Yet some of the most influential books written in German, whether contemporary or classic, are written by women. Sophie von la Roche (Geschichte des Fräuleins von Sternheim) Who was the first financially independent professional writer in Germany? You guessed it. It was not Goethe or Remarque, but in fact a woman: Sophie von la Roche.  Her 1771 novel, Geschichte des Fräuleins von Sternheim (History of Lady Sophia Ste...

| UPDATED: 16:42, Sun, Feb 21, 2021 Link copied Germany: Expert reveals ‘issue’ for successor Sign up to receive our rundown of the day's top stories direct to your inbox SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. The eurozone is on course for a double-dip recession after the second wave of COVID-19 infections dur...