Courtesy: epSos.de/Flickr
The foreign exchange market is considered the most liquid and transparent in the world. However, recent investigations into alleged manipulation of the foreign exchange rates is a reminder that transparent exchange-based systems alone are not enough to ensure fairness
Courtesy: The Prime Minister's Office/Flickr
Global institutions responsible for price discovery and speculation in commodities are suspected of fuelling price hikes. With the world experiencing turmoil in the food and energy markets, fixing the global pricing architecture for commodities should be the priority for the G20
Courtesy: Fair Observer
Fair Observer republished Gateway House's Editorial Advisor, Bob Dowling's article on the LIBOR rigging incident. He argues that Europe and Britain are more committed to enforcement action than America.
Courtesy: The Economic Times
The Economic Times republished Gateway House's Editorial Advisor, Bob Dowling's article on the LIBOR rigging incident. He argues that Europe and Britain are more committed to enforcement action than America.
Courtesy: Fletcher6/WikimediaCommons
As the revelations pile up after the LIBOR rigging incident, it seems Europe and Britain are more committed to enforcement action than America. Real conservatives believe fully in market capitalism, that prices must come from uncorrupted market signals. Could this start a sea-change for enforcement globally?