currency

Iceland Seeks Emergency Loan From Russia

NYT > Business  Tue, 10/07/2008 - 09:57

In addition to seeking the $5.4 billion loan from Russia, Iceland pegged its currency to an index and took control of one of its largest banks as it struggled to keep its economy afloat.


 

Brazil stocks, currency soar Friday

Newsvine - business  Fri, 09/19/2008 - 12:28

Investors are pushing Brazilian stocks sharply higher for the second straight day following three days of steep losses brought on by the global credit crisis.


 

Iran considers lopping zeros off currency

Newsvine - business  Mon, 09/01/2008 - 10:02

Iran is considering lopping three to four zeros off its currency, a top official said Monday, in an apparent effort to fight out-of-control inflation that many critics blame on the country's hardline president.


 

China tightens currency controls to curb inflows

Newsvine - business  Thu, 08/07/2008 - 05:45

China has issued new controls on transfers of foreign currencies, moving to contain inflationary pressures by curbing the speculative inflows, or so-called hot money, that has been flooding into the country in recent years.


 

ALL BUSINESS: Don't count on ailing-dollar bailout

Newsvine - business  Fri, 07/18/2008 - 11:28

Federal rescue plans are all the rage in Washington right now, for what seems to be everything but the dollar.

The U.S. currency is not going to get a bailout, even though its steep decline is feeding inflation and straining the economy.


 

The Dollar is Doomed and the Fed's Days are Numbered

Digg - Business & Finance  Thu, 07/10/2008 - 08:50

In this very recent interview Jim Rogers says Asia is the wave of the future, the dollar is a terribly flawed currency and he doesn't want to own any, oil will certainly pass $200/barrel soon, and the (privately owned) Federal Reserve will disappear within the next decade.


 

US wants Poles to visit, spend lots of money

Newsvine - business  Mon, 06/30/2008 - 11:36

Time to shop until you drop across the Atlantic, the U.S. embassy says. In an unusual appeal, the United States is enticing Poles to visit and spend money this summer in hopes of propping up its faltering economy.

The campaign comes as the Polish currency hit a historic high — reaching 2.1194 zloty to the dollar on Monday.


 

Food, fuel drives Euro-zone inflation up 3.7 pct

Newsvine - business  Mon, 06/16/2008 - 06:22

Annual inflation in the euro zone rose to a new high of 3.7 percent in May, according to data released Monday that reflects surging food, fuel and housing prices across the 15-nation currency bloc.


 

The power to coin money and regulate the value of the currency i...

Newsvine - business  Tue, 04/01/2008 - 23:20

As a consequence, almost one hundred [years] later, the US and its citizens are now on the edge of bankruptcy, indebted up to their eyeballs to the very bankers they gave the power to coin their money and regulate their currency, private bankers who are even now being bailed out  …


 

With a weak US dollar, it this a good time to invest in Forex?

Newsvine - business  Mon, 03/03/2008 - 14:13

Interesting to consider placing forex trades against the US dollar, although this article does not promote that exactly.

It is interesting to consider that one can hedge "bets" on the future value of our currency, and if done correctly can make more dollars in the process.