The end of dollar hegemony? The Russian central bank opened its first overseas office in Beijing on March 14, marking a step forward in forging a Beijing-Moscow alliance to bypass the US dollar in the global monetary system, and to phase-in a gold-ba
Because, instead of drawing badly needed attention to the substantial merits of Canada's private currency system, Messrs. Fung, Hendry, and Weber focus on its shortcomings, claiming that it suffered from serious flaws that only the government could
Federal Reserve Chair Janet Yellen said the primary reason for raising interest rates in March was a simple one: the central bank is confident in a steadily improving economy.
From a speech by Goh Keng Swee, former Finance Minister of Singapore... When the sun never set on the British Empire, the currencies of the British Colonies were issued under the CBS. This provided for 100 per cent backing of the note issue in overse
(Natural News) Once thought to be a promising and upcoming socialist utopia, Venezuela is now caught in a death spiral towards famine, starvation and poverty, all of which are directly linked to the corruption of a centralized authoritative regime.
Have All Become Big Sellers"...As global financial markets teeter on the edge of collapse, a report published this morning suggests that the run up in the U.S. dollar may be over. As of today, some 80% of post-Trump election gains have been wiped
"What about the poor?"
An interviewer just asked me the question following my usual call for markets in everything. It's probably the 100th time this has happened. The question amazes me because the implication behind it implies that markets s
In 1981, the French stock market dipped in fears over François Mitterrand's presidency win and the same could happen again, says Saxo Bank's head of macro analysis Christopher Dembik.
First of all, David Rockefeller's Trilateral Commission was born in 1973, in part because the Globalist plan to ensure "free trade" (no tariffs paid by predatory mega-corporations) had run into a glitch.
That glitch was President Richard Nix
• by Rainer Buergin , Jeff Black , and Josh Wingrove
Finance chiefs of the world's largest economies set aside a pledge to avoid protectionism and signed up to a fudged statement on trade instead, in response to the Trump administration's call to rethink the global order for commerce.
Russia's reserve fund could be depleted in mid-2017, perhaps a few months later," said Ondrej Schneider, chief economist at the Institute of International Finance.
The Finance Ministry of Iceland said it would lift the remaining capital controls that have been in place since the financial crisis in 2008. The government started dismantling them last year by easing restrictions for local residents.
As the following WSJ editorial explains, a trade deficit is not ipso
facto bad. It's only seen as bad because the word "deficit" has a
negative connotation. If the word "benefit" were used in lieu of the
word "deficit," there would be no negative
A possible venue for big announcements is for the "One Belt, One Road" summit of more than 20 leaders in May. It will be hosted in Beijing by President Xi to showcase his most important foreign policy innovation to date.
When I warn about the fiscal and economic consequences of America's poorly designed entitlement programs (as well as the impact of demographic changes), I regularly suggest that the United States is on a path to become Greece.
The government has suffered a second Brexit defeat in the House of Lords as peers backed, by 366 votes to 268, calls for a "meaningful" parliamentary vote on the final terms of withdrawal.
In the second half of the nineteenth century, Japan adopted a sweeping policy of modernization in pursuit of parity with the industrial West, under the slogan fukoku ky?hei: "enrich the country, strengthen the military." Growth in Japan
China is considering introducing birth rewards and subsidies to encourage people to have a second child, after surveys showed that economic constraints were making many reluctant to expand families, the state-owned China Daily newspaper reported.
As a direct result of Sweden's tax laws in conjunction with negative interest rates by the central bank, Sweden's citizens now purposely overpay their tax bills in record amounts as a savings vehicle.
Thanks to negative interest rates at the ECB, record low unemployment, and a desire to maintain a balanced budget, Germany's Budget Surplus Hit a Record High since reunification in 1991.
Thanks to negative interest rates at the ECB, record low unemployment, and a desire to maintain a balanced budget, Germany's Budget Surplus Hit a Record High since reunification in 1991.
Thanks to negative interest rates at the ECB, record low unemployment, and a desire to maintain a balanced budget, Germany's Budget Surplus Hit a Record High since reunification in 1991.
Thanks to negative interest rates at the ECB, record low unemployment, and a desire to maintain a balanced budget, Germany's Budget Surplus Hit a Record High since reunification in 1991.
Thanks to negative interest rates at the ECB, record low unemployment, and a desire to maintain a balanced budget, Germany's Budget Surplus Hit a Record High since reunification in 1991.
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