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The Dollar’s Dilemma: Echoes of a Plaza Past and an Uncertain Future
4 Articles
4 Articles
The Dollar’s Dilemma: Echoes of a Plaza Past and an Uncertain Future
By all appearances, a ghost from the 1980s is pacing the corridors of the White House once more. The phrase “Plaza Accord 2.0” is being quietly whispered, evoking memories of the 1985 deal that saw developed nations—most notably Japan—agree to manipulate exchange rates to arrest the dollar’s unsustainable ascent. Back then, the goal was to recalibrate an unbalanced global trade regime. Today, it’s more about salvaging a faltering grip on an incr…
“Echoes From The Past”, the past doesn’t necessarily stay there
What happens when your past finally catches up with you? … Christmas is just around the corner, a time to be with family. For Will Mason, an orphan since he was fourteen, it is a time for reflection on what his life could have been, and what it could be. Until a chance encounter brings back to life the reasons for his twenty years of self-imposed exile from a life only normal people could have. From that moment Will’s life slowly starts to unrav…
After instability and exchange of signals, with investors disseminating the proposed tax measures and in a study by the government to replace part of the increase in the Tax on Financial Operations (IOF), the dollar was signed in late on the final business line this afternoon (9), and closed at low 0.13%, R$ 5,5625. It was the third claim followed by the recovery of the North American currency, which has been at the lowest levels since the begin…
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