Wall Street Journal (August 11)
“It was obvious when Tokyo and Washington intervened recently to stabilize the value of the yen that the intervention wouldn’t stick, and sure enough. The Japanese currency has commenced a new downward march, so perhaps it’s time for a new plan…. Absent fundamental policy changes in Japan, no intervention from anyone will prop up the yen indefinitely.”
Tags: Currency, Downward march, Fundamental, Intervention, Japan, New plan, Obvious, Policy changes, Prop up, Stabilize, Tokyo, Value, Washington, Yen
New York Times (March 6)
“California is often at the vanguard of important policy changes. The state’s move toward raising the legal age to buy cigarettes should inspire other states to take similar steps to protect young people.”
Tags: California, Cigarettes, Legal age, Policy changes, Protect, Vanguard, Young people
