What's Next For Egypt's Economy After A Currency Devaluation?

Tom Lydon submits: The Egyptian economy is said to be all but shut down as its citizens stage a revolution. That hasn’t stopped investors from piling into the Market Vectors Egypt (NYSEArca: EGPT) exchange traded fund (ETF).

The report below comes courtesy of Nouriel Roubini’s team of analysts at RGE.

Amidst continued rapid devaluation of the Yen, predictably, and per usual, the G20 summit in Moscow has ended with a useless and unenforceable statement. This time around, as was signalled in the days ahead of the meeting, the 'focus' of transnational vacuousness was on the topic de jour: the Currency Wars.

Dr. Duru submits: Almost a month ago, Bank of England Governor Mervyn King spoke at the Lord Mayor’s Banquet for Bankers and Merchants of the City of London at the Mansion House, and I wrote afterward that the speech reminded me of almost every reason why I remain bearish on the British pound.

By Brazilian Bubble:Many market pundits recommend Emerging Market stocks without understanding the impacts of local currency volatility in a portfolio's performance. As an example, let's take a quick look at what happened with the Brazilian Real and Bovespa in the last three months.

David Sanger and Michael Wines report on growing international currency agità as leaders around the world seem to slowly reach the conclusion that devaluation is the only politically tractable method of boosting aggregate demand: