Topic: International

“New Move to Make Yuan a Global Currency” – WSJ

– January 12, 2011

“China has launched trading in its currency in the U.S. for the first time, an explicit endorsement by Beijing of the fast-growing market in the yuan and a significant step in the country’s plan to foster global trading in its currency. The state-contr …

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“ECB Intervenes As Debt Crisis Deepens” – Financial Times

– January 11, 2011

“The European Central Bank intervened to prop up the eurozone bond markets on Monday as political leaders and bankers warned the debt crisis was deepening amid fears Portugal was edging closer to an international bail-out. Although European Union offic …

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“ECB Gives Portugal Temporary Lifeline, Traders Say”

– January 11, 2011

“The European Central Bank threw Portugal a temporary lifeline on Monday by buying up its bonds, traders said, as market and peer pressure mounted for Lisbon to seek an international bailout soon. A senior euro zone source said on Sunday that Germany, …

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“U.K. Think Tank Sees 20% Chance of Euro’s Survival” – WSJ

– January 11, 2011

“Europe’s common currency, battered for more than a year by a sovereign debt crisis, is unlikely to survive the next decade in its current form, the Center for Economics and Business Research warned Friday. In a list of top 10 predictions for 2011, the …

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“Rising Inflation Is ‘No Blip'” – Financial Times

– January 11, 2011

“As UK Prime Minister David Cameron issues a warning over rising inflationary pressure, Chris Giles provides an analysis of the challenge faced by Britain and the rest of the world.” Watch it here.  “Rising Inflation Is ‘No Blip'”  Chris Giles  Financi …

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“China SAFE Offl: Fed Policy Could Fuel Global FX Intervention”

– January 10, 2011

“Quantitative easing carried out by the U.S. Federal Reserve could exacerbate global currency interventions, hurt the developed countries and fuel flows of speculative capital into emerging market economies, a senior official with China’s State Adminis …

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“Inflation on the Rise in Latin America” – WSJ

– January 7, 2011

“Consumer prices are rising at a quick pace in the some of the largest economies in Latin America, complicating the task of governments that want to maintain high growth rates without sparking inflation. On Friday, Brazil announced that consumer prices …

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“Taming Inflation in China, Brazil, and India”

– January 6, 2011

“Chairman Bernanke’s experiment with quantitative easing continues to have unintended consequences for the global economy, due to the impact of the equation highlighted below: QE2 = inflation [globally] = monetary policy tightening [globally] = slower …

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“Eurozone inflation soars to new high”

– January 4, 2011

“Eurozone inflation rose in June to its highest since the bloc’s 1999 formation, data showed on Monday as political opposition mounted to an expected European Central Bank move to raise its main interest rate this week. Prices were 4 per cent higher in …

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“Dollar hits new high against greenback” – Australia

– January 3, 2011

“The Australian dollar reached the highest since the currency was freely floated in 1983 as US data spurred speculation global growth is gathering momentum, boosting demand for currencies with higher-yielding assets. The Aussie traded above parity with …

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“Inflation and Interest Rate Trends Look Positively for Gold in 2011”

– December 28, 2010

“Gold prices generally rise during times of actual or projected inflation because of gold’s traditional status as a “safe haven” asset. Gold buyers seeking an asset which reacts favorable to inflation or currency devaluation often move from the falling …

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“Central Bank Targets Inflation” – China

– December 28, 2010

“The over-fast growth of the domestic real estate market has been the result of the country’s unusual monetary policy since the start of the global financial crisis. The latest rate hike indicates the central bank’s resolve to restore the emergency mon …

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