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July 14, 2008 |
Big investors starting to predict end to euro rally
Int'l Herald Tribune
For three years euro bulls used the prospect of higher interest rates in Europe to justify the currency's 32 percent rally against the dollar. No more. |
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July 14, 2008 |
Jim Rogers attacks Fannie Mae and Freddie Mac bail-out
Telegraph (UK)
Renowned currency trader Jim Rogers has blasted the US government's planned bail-out of Fannie Mae and Freddie Mac as an "unmitigated disaster". |
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July 14, 2008 |
Mundell: "I applaud all efforts to get support for a global currency."
Washington Times
He is known as the "father of the euro" because of his work on optimum currency areas. |
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July 11, 2008 |
Housing bailout includes new fingerprint demand
Worldnet Daily
Mortgage lenders and brokers and even office assistants and secretaries could be subjected to new federal demands to be fingerprinted under a provision of a massive housing bailout plan – with attachments – that is moving through Congress. |
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July 10, 2008 |
Cruelest summer for teen jobs since 1958
CNNMoney
Teenagers are finding jobs much harder to come by this summer, as employers trim payrolls amid a slumping economy. |
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July 04, 2008 |
Global shipping slowing drastically?
Int'l Herald Tribune
"We're seeing ships leaving Asia that are not full. We are living through a real economic slowdown. It is a latent crisis that will take time to disappear. I don't see it getting better before the end of 2009." |
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June 30, 2008 |
BIS says global downturn could be 'deeper and more protracted' than expected
Miscellaneous
The downturn in the world economy could be deeper and more protracted than expected as a result of the ongoing turmoil in financial markets, the Bank for International Settlements said. |
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June 26, 2008 |
Kohn: Food, fuel highs are temporary
CNNMoney
Growing economies could contain inflation by curbing their appetite for commodities, the vice chairman of the Federal Reserve said in a speech Thursday. |
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June 16, 2008 |
RBS issues global stock and credit crash alert
Telegraph (UK)
The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks. |
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June 09, 2008 |
U.S. stops following foreign investments
Worldnet Daily
Foreign investment in the United States is on the rise and key U.S. businesses and infrastructures such as roads and airports are being sold to foreign investors. Now comes word from the U.S. Department of Commerce the Bureau of Economic Affairs will stop publishing a key report tracking those foreign dollars.
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