Over a Barrel
On Nov. 13, 2001, President Bush ordered the government to fill the Strategic Petroleum Reserve to its capacity of 700 …
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Take $10 off the Price of Oil
Oil prices have more than doubled since 2001, hitting $55 per barrel in mid-October. This price surge has produced a …
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Why China Won’t Revalue
In the wake of the Asian financial meltdown, experts predicted that China would devalue the renminbi. So did traders: Currency …
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China Syndrome
In the 1980s and early ’90s, Japan bashing was the favorite pastime in Washington. Japan’s sin: its large “contribution” to …
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Use Those Gringo Dollars
Mexico’s presidential election isn’t until July 2006, but Mexico’s investors are already worried to the point of sleeplessness over the …
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Stop the Mercantilists
Mercantilism was an insidious economic theory that held Europe in its thrall in the 16th, 17th and 18th centuries. The …
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