The hidden dangers of private foreign currency loans

An ominous trend witnessed in the last few years is the rat race for borrowing money in foreign currency by the borrowers in the private sector. According to the Bangladesh Bank's latest Annual Report (2016-17) the amount of foreign currency loans snowballed to a staggering $9.43 billion on June 30,...

US-China trade dispute and global growth

The US-China trade dispute continues to be ramped up despite occasional mixed messages from President Trump and his advisers. Trump's Economic Adviser Larry Cudlow, the "free trader'', in a television interview told that tariffs on Chinese imports remained very much on the Trump agenda but it would hopefully involve mostly...