Subscription Notification
We have noticed that there is an issue with your subscription billing details. Please update your billing details here
Please update your billing information
The subscription details associated with this account need to be updated. Please update your billing details here to continue enjoying your subscription.
Your subscription will end shortly
Please update your billing details here to continue enjoying your access to the most informative and considered journalism in the UK.
Kenneth Rogoff April 05, 2021 08:42
The mighty US dollar continues to reign supreme in global markets. But the greenback’s dominance may well be more fragile than it appears, because expected future changes in China’s exchange-rate regime are likely to trigger a significant shift in the international monetary order.
For many reasons, the Chinese authorities will probably someday stop pegging the renminbi to a basket of currencies, and shift to a modern inflation-targeting regime under which they allow the exchange rate to fluctuate much more freely, especially against the dollar. When that happens, expect most of Asia to follow China. In due time, the dollar, currently the anchor currency for roughly two-thirds of world GDP, could lose nearly half its weight.
South Of France Gets A New Luxury Seafront Resort With Villas And Vineyard forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Infamous: pimp to the stars Madame Claude, played here by Karole Rocher
Credit: Netflix
In a quiet street called Rue de Maignon, and later in a modest, 12-room hotel on Rue de Boulanville, waited an elegant blonde women, dressed in grey cashmere and pearls, ready to serve cognac, make polite small-talk, and then quietly and tastefully sell you sex. Before the contraceptive pill made casual sex ubiquitous, late-1960s Paris was full of powerful men with desires to fulfill and the money to pay for it. For those with the right connections, there was only one person to call. What links JFK, Charles de Gaulle and the Shah of Iran? Madame Claude, of course.
With coronavirus restrictions and innovations in communications technology, the Jamaica College Old Boys Association of South Florida is sharing the virtual “True Blue Sound Clash” with the world on Saturday, from 7 p.m. to midnight, through an online agreement with VP Records.