Last month’s decision by the Brazilian government to impose a tax on foreign purchases of bonds and equities has stoked speculation that a number of other emerging markets could soon follow suit...

World trade volumes declined in August after strong monthly gains in June and July, but the pull-back looks nothing worse than a pause in an improving trend that near term has further to run. Asian...

With the recovery in the global economy gaining momentum and conditions in many financial markets getting back to normal, the threat of deflation would seem to have receded. We agree that a full-blown...