#Currency Peg

By Chris at www.CapitalistExploits.at ...and it's only getting worse. Bin, by the way, means "son of" in Arabic. This is why there are "Bins" here, there, and everywhere scattered across the Middle East. And some of them are having a rough week. In particular: Prince Mansour bin-Muqrin who

Despite the recent rise in oil prices, all is not well among the allies in the Gulf. The 'pegged-to-the-dollar' Bharaini Dinar has tumbled in the last few days as Bloomberg reports the nation has asked Gulf Arab allies for financial assistance as it seeks to replenish its foreign-exchange reserves

Authored by James Rickards via The Daily Reckoning, China is a relatively open economy; therefore it is subject to the impossible trinity. China has also been attempting to do the impossible in recent years with predictable results. Beginning in 2008 China pegged its exchange rate to the U.S.

By Chris at www.CapitalistExploits.at In May of last year I was attempting to figure out if there was an asymmetric play to be had in the land of sand and black gloop. There were a lot of moving pieces to deal with. I think it's worth revisiting but first it's worth reviewing what I thought just

Citing expectations of notable slowing in economic growth andconcerns about fiscal and current account deficits widening, S&P has downgraded Qatar from AA to AA- as credit risk premia hit 2017 highs. Qatar credit risk is at 2017 highs (but remains well below Jan 2016 recent highs... Full