Recent Posts

SDR issue suggests deeper problem for China

  Amid all the buzz about China’s hosting the G-20 summit in Hangzhou — all the accords, arguments and alleged snubs — another symbolically significant event was largely obscured. Last week, the World Bank issued bonds denominated in Special Drawing Rights, or SDRs, in China’s interbank market. Beginning in October, the yuan will be included in the basket of currencies ...

Read More »

Book data doesn’t exactly support a return to print

E-books are not taking over the world! That seems pretty clear from a Pew Research Center survey released last week, which showed that the percentage of Americans who read digital books hasn’t risen since 2014. The survey didn’t show any real sign of a print resurgence either, though. Overall, the percentage of Americans consuming books in any form appears to ...

Read More »

European equities climb on eve of ECB meeting

  London / AFP Europe”s stock markets rose on Wednesday on the eve of a key interest rate decision from the European Central Bank, which is widely expected to maintain its stimulative monetary policy. In afternoon deals, London”s benchmark FTSE 100 index added 0.3 percent, as dealers also digested a raft of mixed official economic data. In the eurozone, Frankfurt”s ...

Read More »
Send this to a friend