If running out of your own money wasn’t bad enough, policy makers are increasingly spending other peoples’ money to bail their country out. At the upcoming G-20 meeting , finance ministers from around the world will contemplate an increase to the resources of the International Monetary Fund (IMF).
Lodgian's LGN second-quarter results offered further evidence of the extensive turnaround work still required. Our estimates for 2005 were already muted--reflecting expected portfolio renovations and temporary closures of higher-quality
Currency Wars A small change in preferences among just a few people could lead to a collapse, because the financial ..... not been recognized by markets, central banks or economists." http://mises.org/daily/5897/ Currency - Wars
CURRENCY WARS ! Exclusive Interview with James Rickards http://www.youtube.com/watch?v=GPM-QLM-zQ4
the country's goods, followed by the U.S. The government expects a smaller surplus in 2012 as China slows and " currency wars " hurt the real's competitiveness. Post your comment!
It is the title of a book and the subject of a Bloomberg article that is both interesting and scary; here is the LINK to the article. Ray
UNITED NATIONS, Sept 21 (Reuters) - Nations should halt currency wars by adopting free-floating exchange regimes, Brazil's President Dilma Rousseff said on Wednesday, adding that Brazil was not...
By Edward Harrison : Reuters has reported that the Bank of China ( BACHF.PK ), a dealer in China's foreign exchange market, has stopped doing foreign exchange forwards and swaps with several European banks. Separately, sources say the European banks involved are Société Général (SCGLF.PK ) , Credit
Given the Fed and SNB's recent announcements, Roya Wolverson asks whether we're about to see " currency wars " break out, with safe haven countries one-upping each other to devalue. This, in turn, could lead emerging markets to suffer
OTTAWA, Sept 8 (Reuters) - Canada is concerned that moves such as Switzerland's unilateral intervention in the foreign exchange market could lead to so-called currency wars , Finance Minister Jim...