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Brics looks increasingly like a paper tiger, and more

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Brics looks increasingly like a paper tiger
By Herbert Poenisch
The meeting in Kazan of the Brics-plus group from 22-24 October was a diplomatic and political success for President Vladimir Putin. He was lucky that it was Russia’s turn as chair. However, it disappointed by offering nothing new in economics and finance, and it failed to take any new steps towards de-dollarisation.

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Misguided fiscal course impacts US monetary policy

By Mark Sobel

The Federal Reserve is viewed as a guardian of the US economy. But there is a difference between telling the government how it should run fiscal policy and discussing how fiscal policy impacts monetary policy and what that means for the US economy.

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