Sunday, November 08th, 2009

Hot Topics : Unique “Payout Method” Instantly Credits Your Bank Account on the 3rd Friday of Every Month

Posts Tagged ‘ Foreign Currency ’

China Flexes its Muscles and Finds Support in a Bid to Dump the Dollar as the World’s Main Reserve Currency

Apr 13th, 2009 | By Jason Simpkins | Category: Emerging Markets, Financial News

Finance officials from Beijing in Moscow on Thursday held a videoconference to discuss the creation of a “supra-national reserve currency,” the latest evidence of the support China is getting from developing countries as it seeks to replace the U.S. dollar as the world’s main reserve currency.



The Three Ways China May Deal With Growing U.S. Debt

Mar 25th, 2009 | By William Patalon III | Category: Emerging Markets, Featured

Although there’s a veritable laundry list of obstacles that could blunt the U.S. government’s ongoing economic turnaround efforts, its single-biggest challenge may come from its single-biggest creditor – China.



Russia’s Economic Demise Could Turn “BRIC” to “BIC”

Mar 3rd, 2009 | By Mike Caggeso | Category: Emerging Markets, Financial News

Russia’s continuing weakness could cost the country its membership in one of the most identifiable and esteemed investor acronyms – the BRIC nations.



Iceland Gets $11 Billion Bailout

Nov 21st, 2008 | By Jason Simpkins | Category: Financial News

Iceland today (Thursday) secured nearly $11 billion in loans from the International Monetary Fund (IMF) and other nations. The bailout will help the island nation stabilize its currency and recapitalize its banks, but it will also saddle its tiny population with a huge debt burden.



The Central Bank Mirage, Part II

May 27th, 2008 | By Eric Roseman | Category: Gold Market

As I said last Thursday, the majority of foreign central banks continue to hike lending rates this year amid surging inflation.