This tag analyses asymmetries in global current account balances: structural surpluses in some countries, chronic deficits in others, and the capital flows that finance them. These imbalances reflect economic policy choices and create lasting interdependencies. Their correction — voluntary or forced — can trigger major adjustments in currencies and rates.
Natural gas has no world price. Three loosely linked regional markets coexist, and the gap between them now measures a competitiveness differential between industrial zones rather than a passing market quirk. TL;DR Because natural gas clears in three loosely linked…
The US current account deficit: why this structural imbalance can reshape financial markets and the hierarchy of global risks.
