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Trade

TPP: What is it and why does it matter? – BBC News

The Trans-Pacific Partnership is one of the most ambitious free trade agreements ever attempted. But why does it matter? The Trans-Pacific Partnership (TPP) is one of the most ambitious free trade agreements ever signed. Those in favour say this trade deal will unleash new economic growth among countries involved. Those …

What Greece Won – NYTimes.com

Last week, after much drama, the new Greek government reached a deal with its creditors. Earlier this week, the Greeks filled in some details on how they intend to meet the terms. So how did it go? Well, if you were to believe many of the news reports and opinion …

Francs, Fear and Folly – NYTimes.com

Ah, Switzerland, famed for cuckoo clocks and sound money. Other nations may experiment with radical economic policies, but with the Swiss you don’t get surprises. Until you do. On Thursday the Swiss National Bank, the equivalent of the Federal Reserve, shocked the financial world with a double whammy, simultaneously abandoning its policy …