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A bubble in the Dollar was created in 1971 when the Government ended the gold standard. At that time, the Dollar lost its intrinsic value and has been in a bear market ever since. As a result, the Dollar's purchasing power has...
1:51PM Fair Isaac to appeal verdict in continuing effort to bring clarity and fairness to consumer ''credit score'' advertisements 18.56 -0.21 : In a case brought by FICO (claiming trademark infringement, unfair competition and...
Gold saw decent gains in Asia before it fell almost 1% in London to as low as $1132.70 by a little before 8AM EST, but it then rallied back higher throughout most of trade in New York and ended with a gain of 0.37% at a new...
An article "The G20 in 2050", carried in November bulletin of the Carnegie Endowment for International Peace said, "China, India, and the United States will emerge as the world’s three largest economies in 2050. Their total...
A rising China has not only inched closer to the US, it has also developed backward linkages - through the ‘disassembly line’ - with a host of other countries, including developed ones. Recently, China made a splash on the...
NEW DELHI: The recent mega gold purchase by the Reserve Bank was to smoothen the exchange rate volatility arising from the changes in the valuation of US dollar, the Lok Sabha was informed on Friday. In October, the RBI had...
Saturday, November 21, 2009 Listen to the Article - Powered by FRANKFURT: The United Arab Emirates (UAE) has no plans to drop its peg from the US dollar, its central bank chief said on Friday, while the recent rise in the price...
Withdrawing stimulus packages too soon could cause second bust Saturday, November 21, 2009 Listen to the Article - Powered by DUBAI: The global economy is heading toward a sustained recovery but given the risks of another...
Market Summary The US dollar is firmer today and on the balance of the week against other major currencies. The one exception is the Japanese yen, pointing to weaker equity markets as the main FX driver. Strong demand for...
Cuba has more than one peso Cuba has always been known as one of the hottest travel destinations in the Caribbean. Before the 1959 revolution, Americans loved to visit Cuba. The island is filled with exotic beaches, fabulous...
