Trump foolishly thinks gold standard will usher in a golden age

The president’s nominee for the Fed believes pegged exchange rates will fix the US trade deficit. Not soThere are now scores of efforts to psychoanalyse the US president Donald Trump’s nomination of Judy Shelton to the Federal Reserve board. Some empha…

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Venezuela’s gold fever fuels gangs and insecurity: ‘There will be anarchy’

Puerto Ordaz has been swept up in a gold rush that powers the city as the armed groups running the mines flourishPuerto Ordaz was once Venezuela’s industrial hub, a modernist dream of broad boulevards and ranks of factories and gateway to a belt of ric…

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Modest proposals will not make the audit process any more watertight

Andrew Tyrie’s report recognises the value of more competition, but tinkering at the edges won’t make it happenCompanies go out of business all the time, but big companies should be an exception. They have responsibilities to the communities where they…

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