The World Bank downgrades its world economic forecast, A few lessons from the school of German-style hyperinflation, Will we be seeing you in Vancouver this year? And plenty more…

U.S. Treasury Secretary Timothy F. Geithner says the Obama administration’s overhaul of U.S. financial regulations is aimed at creating a “boring” financial system.  But after President Barack Obama unveils this boring – and not-so-new – regulatory structure tomorrow (Wednesday), expect a pitched battle that will pit the interests of Wall Street players against those of everyday Main Street investors.

Markets salute mounting unemployment figures, Resources and euros: just two alternatives for the Chinese dragon, What happens when rates go up again? And three other ticking time bombs…

Euro trades past 1.42…  Geithner make a promise to China…  Central Bank meetings this week…  Canada’s Fin Min, speaks… And Now… Today’s Pfennig!

General Motors Corp. (NYSE: GM) is closing in quickly on its June 1 deadline to finish overhauling its operations, or opt for Chapter 11 bankruptcy. Because that deadline is actually one week from yesterday (Monday), analysts and investors will be watching GM closely this week.

Only one of the 19 financial institutions that received a bank stress test would require additional capital, the controversial government initiative has reportedly concluded.

Bad news for car makers rallies the US$…  Yen comes back strong…  Singapore to devalue?…  German Chancellor Merkel gives warning… And Now… Today’s Pfennig!

On close inspection, there are only two possibilities for the Geithner “Rescue Plan”: It’s an honest effort doomed to fail… or a blatant scam that just might work.

Geithner sends the dollar on a thrill ride…  A failed UK gilt auction…  China set to recover first…  AUD and NZD rally again… And Now… Today’s Pfennig!