Author Archives: John Heilprin

Central bankers see slowdown but no recession

The world’s leading central bankers said Monday, September 12, that while the global economy is slowing they do not expect it to enter recession. Read More

US panel urges action on Chinese currency

A congressional advisory panel is recommending that U.S. lawmakers prod the Obama administration into tougher action against what it calls China’s policy of keeping its currency undervalued.

With a wary eye on the United States’ enormous trade gap with China, the U.S.-China Economic and Security Review Commission said Wednesday, November 17, that China is creating global imbalances and using “market access-limiting practices” that fall outside its World Trade Organization commitments…read more Read More