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A declining euro-dollar rate: food for debate

Since May 2014, the euro-collar exchange rate has seen a significant decline. This may seem remarkable, especially compared to the two-year period before, when the value of the euro steadily rose from approximately $1.20 to almost $1.40.…

Russia, the G7/G8 and no looking back

The Russia of President Vladimir Putin will not seek re-admission into the Group of Seven (G7) industrialized nations just as the West will not invite it back. The other members of the former G8 expelled Moscow from the Group in 2014 (hence…