COMMENTARY Trump wide of mark on ‘manipulation’
Although Donald Trump has legitimate gripes on China about the theft of intellectual property and high tariffs, his claims that Beijing is manipulating the renminbi are woefully wide of the mark. There is little evidence of more than scant Chinese foreign exchange market intervention, writes Mark Sobel. Read more.
PODCAST Winners and losers from the global bull market
Greg Medcraft, director of the OECD’s directorate for financial and enterprise affairs, speaks to Sofia Melis from OMFIF.
They discuss the difference between income and wealth inequality, and how financial literacy and blockchain-based financial products can support inclusive growth. Listen to the podcast.
COMMENTARY Greek Odyssey far from over
Prime Minister Alexis Tsipras hailed Greece’s exit from the third bail-out as ‘the end of a modern-day Odyssey’. But, for a country that has lost more than 25% of GDP during an almost decade-long recession, 2% GDP growth is far from enough to avoid trouble in the future, writes Danae Kyriakopoulou. Read more.
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