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Book on the human cost of global economics wins $15,000 Lionel Gelber Prize

Book on the human cost of global economics wins $15,000 Lionel Gelber Prize Matthew C. Klein and Michael Pettis have been announced as the winners of the Lionel Gelber Prize for their book Trade Wars are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace (Yale University Press). The $15,000 prize celebrates English writing on foreign affairs. The book argues that the relationships between global economies have a direct impact on the stability of nations. “ Trade Wars are Class Wars combines political and economic analysis with sharp history to argue that domestic policies that advantage the rich at the expense of workers produce not only strife at home but also deepen international rivalries,” the jury said in a citation when the shortlist was announced last month. “This book speaks powerfully and directly to one of the biggest challenges of our times.”

Short USD/JPY, Long USD/CNH: Q2 Top Trading Opportunities

Short USD/JPY, Long USD/CNH: Q2 Top Trading Opportunities 2021-04-08 19:30:00 John Kicklighter, Chief Strategist Short USD/JPY on Range Hold, Long USD/CNH as Trade Wars Return Advertisement Through the opening quarter of the year, I was expecting a near certainty of stimulus and the progress towards vaccinating the world to keep a tail wind at risk trends’ back. That said, ‘risk on’ is long-in-the-tooth with greater scrutiny encouraged with each step higher the benchmarks take. My preference thereby fell to two Yen crosses. USD/JPY has the benefit of offsetting risk through two havens and GBP/JPY the added benefit of the Sterling finding normalcy post-EU split. Yet, what was truly appealing was the technical view with a 7-year range for the former and critical break potential for the latter. Both managed to fulfill the initial potential, but subsequent follow through seems a lower prob

The US is worried about its critical minerals supply chains – essential for electric vehicles, wind power and the nation s defense

Short USD/JPY, Long USD/CNH: Q2 Top Trading Opportunities

Short USD/JPY, Long USD/CNH: Q2 Top Trading Opportunities 2021-04-04 09:00:00 John Kicklighter, Chief Strategist Short USD/JPY on Range Hold, Long USD/CNH as Trade Wars Return Advertisement Through the opening quarter of the year, I was expecting a near certainty of stimulus and the progress towards vaccinating the world to keep a tail wind at risk trends’ back. That said, ‘risk on’ is long-in-the-tooth with greater scrutiny encouraged with each step higher the benchmarks take. My preference thereby fell to two Yen crosses. USD/JPY has the benefit of offsetting risk through two havens and GBP/JPY the added benefit of the Sterling finding normalcy post-EU split. Yet, what was truly appealing was the technical view with a 7-year range for the former and critical break potential for the latter. Both managed to fulfill the initial potential, but subsequent follow through seems a lower prob

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