China raises rates to battle stubbornly high inflation
• ReutersChina raised interest rates on Tuesday for the second time in just over six weeks, intensifying a battle in the fast-expanding economy against stubbornly high inflation that threatens to unsettle global markets. The timing was a surprise, coming o
http://www.omaha.com/article/20110208/AP05/302089942
Though I do not appreciate the self-serving games that international banking is playing with all the world's currencies, I do applaud any effort to control prices and inflation. Well done China.