World Trade

Once dominated by global banks, hedge funds, and multinational corporations, the foreign exchange market, or forex, is now easily accessible to traders and investors around the world. But in order to make the most of your time in this market, you need to have a firm understanding of how it works. Written by forex expert Kathy Lien, The Little Book of Currency Trading shows you how to effectively trade and invest in today’s biggest market. Page by page, she describes the multitude of opportunities possible in the forex market....

Spices drove the early modern world economy, and for Europeans they represented riches on an unprecedented scale. Cloves and nutmeg could reach Europe only via a complex web of trade routes, and for decades Spanish and Portuguese explorers competed to find their elusive source. But when the Portuguese finally reached the spice islands of the Moluccas in 1511, they set in motion a fierce competition for control.

After the terrorist attacks of 9/11 destroyed the World Trade Center, New Yorkers and Americans faced a critical set of questions: What should be done with the site? Could the towers be replaced? And how best to memorialize those lost on that day? For Larry Silverstein, a lifelong New Yorker who had signed a lease for the properties just a few months before the attacks, the answer was clear: America had to rebuild as quickly as possible.

A total of 305,000 enslaved Africans arrived in the New World aboard American vessels over a span of two hundred years as American merchants and mariners sailed to Africa and to the Caribbean to acquire and sell captives. Using exhaustive archival research, including many collections that have never been used before, historian Sean M. Kelley argues that slave trading needs to be seen as integral to the larger story of American slavery.

In The Dutch Moment, Wim Klooster shows how the Dutch built and eventually lost an Atlantic empire that stretched from the homeland in the United Provinces to the Hudson River and from Brazil and the Caribbean to the African Gold Coast. The fleets and armies that fought for the Dutch in the decades-long war against Spain included numerous foreigners, largely drawn from countries in northwestern Europe. Likewise, many settlers of Dutch colonies were born in other parts of Europe or the New World.

The Phoenicians remain one of the most enigmatic ancient civilizations, with historians and scholars prone to speculation and educated guesses. Although many Greek, Roman, and Egyptian writers reference the Phoenicians in trade records, military battles, and artistic transactions, few records were left by the original Phoenicians themselves, leaving modern scholars to fill in the blanks through educated guesses and material culture.

As one of the most potent turning points in the country's modern history, the Opium War has since come to stand for everything that today's China seeks to put behind it. In this dramatic, epic story, award-winning historian Stephen Platt sheds new light on the early attempts by Western traders and missionaries to "open" China even as China's imperial rulers were struggling to manage their country's decline and Confucian scholars grappled with how to use foreign trade to China's advantage.

In Straight Talk on Trade, Dani Rodrik, an early and outspoken critic of economic globalization taken too far, goes beyond the populist backlash and offers a more reasoned explanation for why our elites' and technocrats' obsession with hyper-globalization made it more difficult for nations to achieve legitimate economic and social objectives at home: economic prosperity, financial stability, and equity.

Nick Shay and Klara Sax knew each other once, intimately, and they meet again in the American desert. He is trying to outdistance the crucial events of his early life, haunted by the hard logic of loss and by the echo of a gunshot in a basement room. She is an artist who has made a blood struggle for independence.

When the Twin Towers fell on 9/11, Welles Crowther's parents had no idea what happened to him. In the unbearable days that followed, they came to accept that he would never come home. But the mystery of his final hours persisted. Eight months after the attacks, however, Welles' mother read a news account from several survivors, who said they and others had been led to safety by a stranger carrying a woman on his back down nearly 20 flights of stairs.

Compiled for the first time, and with Buffett's permission, these letters spotlight his contrarian diversification strategy, his almost religious celebration of compounding interest, his preference for conservative rather than conventional decision making, and his goal and tactics for bettering market results by at least 10 percent annually. Demonstrating Buffett's intellectual rigor, they provide a framework to the craft of investing that had not existed before.

The name "World Trade Center", when spoken by an American, tends to conjure up the best and worst about the nation. The idea for such a financial center was conceived of in the heady days of post-World War II prosperity, when the nation's financial prospects had never looked better and Americans were trading all over the world with both former allies and enemies.

Leveraging the fresh insights of behavioral economics, Brian Portnoy demystifies the opaque world of elite hedge funds, addresses the limits of mass market mutual funds, and discards the false dichotomy between " traditional" and " alternative" investments. He also explores why hedge funds have recently become such a controversial and disruptive force. It' s not the splashy headlines but something much more fundamental.

Since the end of the Second World War, the US dollar has been the global reserve currency, which has ensured American dominance of the world economy. But no longer. More than a hundred countries are developing Central Bank Digital Currencies (CBDCs), digital equivalents to cash that will utterly transform how we do business at home and abroad. Urgent, clear-eyed and groundbreaking, Smart Money shows us how CBDCs are going to impact all of our futures in ways that most of us have failed to even consider.

In The Futures, Emily Lambert, senior writer at Forbes magazine, tells us the rich and dramatic history of the Chicago Mercantile Exchange and Chicago Board of Trade, which together comprised the original, most bustling futures market in the world. She details the emergence of the futures business as a kind of meeting place for gamblers and farmers and its subsequent transformation into a sophisticated electronic market where contracts are traded at lightning-fast speeds.

September 11th, 2001 7:59 AM – That morning the firefighters at the Fire Department of New York (FDNY) and the NY electric power system operators at The Electric Authority (TEA), an electric utility, were just beginning their day shifts, going through their normal prescribed everyday duties. Nothing unusual was either anticipated by anyone or happening … yet. Unknown to all, far away in Boston, American Airlines flight 11, on route from Providence, Maine was taking off from Boston’s Logan Airport with 76 passengers, 11 crew members, and 5 hijackers on board, ostensibly bound for Los ...

Why just be contrarian when you can bet against consensus and be right? Through a meta-analysis of what moves markets and what drives human behavior, New York Times bestselling author and founder of Verdad Advisers, Daniel Rasmussen cuts through the 60/40 portfolio, exposing where empirical evidence shows the best opportunities—and where projections, models, and experts often fail—to create an asset allocation that can withstand the tests of time.

Noted author, war correspondent, and award-winning writer for the Atlantic Monthly, William Langewiesche furnishes a riveting firsthand account of the excavation of the World Trade Center ruins following its destruction on September 11, 2001. American Ground is an inspiring look at the often contentious mixture of personalities, politics, and emotions that fueled this massive effort. It is also a testament to American ingenuity in the aftermath of a great tragedy.

Abolitionism was the movement that strove to end slavery in the United States. The abolitionists saw slavery as a stain and an affliction on the United States and made it their goal to eradicate slave ownership. Abolitionists produced anti-slavery literature, sent petitions to Congress, and ran for political office.

A vibrant and sophisticated financial industry attracting traders from all across the globe is foreign currency (Forex) trading. To increase earnings and make wise selections, traders use many analytical instruments. Of all the most important is basic analysis. This method mostly emphasizes evaluating social, political, and financial aspects influencing monetary values. While technical study stresses price movements and chart patterns, fundamental analysis examines macroeconomic data, central bank policies, geopolitical events, and market mood to grasp a currency's intrinsic value.