Will Currencies Undermine Calm in Markets? | Bloomberg View


.. currency volatility is unlikely to subside anytime soon.

The moves reflect growing economic and policy misalignments among the U.S., Europe and Japan.

Divergences in such elements as growth, inflation and the direction of monetary policy are set to get bigger in the months ahead.

via Will Currencies Undermine Calm in Markets? – Bloomberg View.

Government’s Threat of Daily Fine for Yahoo Shows Aggressive Push for Data | NYTimes.com


Yahoo’s only victory was that the intelligence courts agreed that it had standing to file a challenge on behalf of its users,

rejecting the Bush administration’s argument that it could not raise the concerns in court, the newly disclosed documents show.

via Government’s Threat of Daily Fine for Yahoo Shows Aggressive Push for Data – NYTimes.com.

Ecuador economic “miracle” meets maturity | Reuters

After years of disastrous stewardship, military regimes and outright graft, Correa ushered in a period of uncharacteristic stability for a nation blessed with resources, both human and natural – chiefly oil.

It is no coincidence that Correa’s miracle years coincided with a period of sustained record prices for crude. The OPEC nation deserves credit for not squandering this bounty.

via Analysis & Opinion | Reuters.