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A few years back many Europeans were arrogantly and spitefully boasting that the Euro will soon replace the Dollar as the international reserve currency. The currency central banks hold and the other currencies are pegged to. What those preemptive...
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A two-speed Europe has always been unacceptable to advocates of the European project. Insistence on a one-speed Europe might, only might, prove to be a feasible...
made popular Aug 16 2010
World stock markets put in some strong rises on Thursday, boosted by supportive comments from China on the strength of the euro.
made popular May 28 2010
The Indian rupee dropped to its lowest level in nearly eight months on Tuesday afternoon as a sharp fall in local shares and the dollar’s hefty gains against...
made popular May 26 2010
A unified European Union is extended a $40billion bailout to debt-ridden Greece while insisting that the Greek government has not asked for a bailout of such a size in...
made popular Apr 13 2010
Greece’s fiscal crisis is responsible for the recent depreciation of the European single currency, the Bank of Finland said.
The euro has been “impacted by the...
made popular Mar 23 2010
Finland is ready to transport thirty truckloads of euro coins to Estonia once the country adopts the single currency at the beginning of next year, it has been...
made popular Feb 24 2010
Greece should not be bailed out, the consequences notwithstanding. The Greeks will pout and many will warn that the euro will be badly damaged, but this should all be...
made popular Feb 15 2010
At the coming G-8 Summit hosted in Italy, a gathering of the seven most wealthiest democracies and Russia, the nations of France, Russia and India intended to discuss...
made popular Jul 6 2009
Britons face dearer holidays after the pound approached parity with the euro.
Sterling slumped to an all-time low against the single currency and to its worst rate ...
made popular Dec 11 2008
The pound has fallen to a record low against the euro this morning, nearing parity with sterling, as fears about the strength of the British economy gathered pace.
The...
made popular Dec 10 2008
I’ve been at my new home in France for 2 weeks now and here are some random observations to date:
Let’s see, what else have I learned? hmmmm. Okay well a...
made popular Jul 29 2008
I guess Americans should be rejoicing, but if they are I must have missed it.
It seems that, using a Russian singer (singing in English) as a proxy, American producers...
made popular May 28 2008
The European Commission on Wednesday approved the application of Slovakia to adopt the euro as its currency on Jan. 1, 2009, completing a fast and furious...
made popular May 8 2008
The pound has touched another all-time low against the euro, driven by the Bank of England cutting UK interest rates as had been widely expected.
One pound was worth...
made popular Apr 11 2008
The pound fell to a record low against the euro, posting its biggest-ever quarterly decline, after an industry report showed U.K. house prices slipped for a sixth month...
made popular Apr 1 2008
Oil prices soared to new highs above 111 dollars in Asian trading Monday as the US currency slumped to another fresh low against the euro, dealers said.
New...
made popular Mar 18 2008
When Anton Börner, a lobbyist for German exporters, met recently with officials at the European Central Bank, he urged them not to lower interest rates. That might...
made popular Mar 17 2008
The velvet gloves are off. Escalating tension over a simmering US-China trade war is threatening to spill out of control.
Chinese think tanks and academics have...
made popular Aug 8 2007
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The dollar has long been the currency of choice for Central banks, tourists, smugglers, African dictators and individuals around the world as it’s liquid, easily...
made popular May 11 2007
The speedy fading situation on the ground in Iraq indicates an even more horrible situation for American soldiers and the people of the world community. Following the...
made popular Jan 16 2007
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Augusta:
WWE Superstars, MVP, and Maria attend an in store autograph signing at Kmart stor 4135 in Augusta, Ga., Saturday, March 7, 2009. (Brett Flashnick/AP Images for KMart)
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