ECONOMY
Year of the yuan: China’s explosive currency goes global
May 1, 2013
The ‘people’s currency’ of China is redefining the global economic monetary system. The closed-capital pariah is blossoming into a reserve standard and is hedging appeal ...
Russia complains over unfair competition in fishing industry.
Collage: The Voice of Russia Russia complains over unfair competition in fishing industry. For the first time since its accession into the World Trade Organization ...
Cell phone for US$ 12.00
April 2013 The $12 Gongkai Phone How cheap can you make a phone? Recently, I paid $12 at Mingtong Digital Mall for a complete phone, ...
Why the US is looking to Germany
Why the US is looking to Germany By Edward Luce When it comes to the labour market, America is suffering from a case of ‘German ...
Is it corporate fascism yet?
AFP Photo / Timothy A. Clary The financial crisis that washed across the globe in 2008 is just the latest economic disaster to hit the ...
New York Times means Putin sunk Cyprus, while ignoring Obama sunk the world – double standard once again when it comes to Russia
Photo: RIA Novosti, Vladimir Putin With the world focused on the collapse of the Cyprus banking system and the seizing of depositor’s funds, an ...
Cyprus: Presidents family rescues their money before taxes bite, among others the Gazprom Chef.
According to Cypriot media several companies and individuals have withdrawn their money from the country in time before the introduction of compulsory levy . The ...
Russian oligarchs have outsmarted the EU
© Flickr.com/ranil/cc-by-nc-sa 3.0 Judging by the russophobic rhetoric of the European authorities and the European media, the rationale behind the artificially created Cypriot crisis was ...
Dmitri Medvedev compares Europe to USSR the way they handle Cypriotic people’s bank accounts.
Photo: RIA Novosti It’s an affront to any one who invests in Euro, and it’s an affront to Russia – namely, let the Russian investor ...
We Print them to support our life style and let the world economy grow. But in long term we may loose. Let’s talk about Triffin Dilemma.
Triffin dilemma This is where incessant foreign demand for a reserve currency would force its issuing country to run persistent current account deficits. [1] A ...
European authorities agree on capping bankers’ bonuses
The European parliament and the Council of Europe have agreed on capping bankers’ bonuses. From now on bankers’ bonuses should not exceed the amount of ...
Russia’s Superjet-100 makes it’s début in China – Stakes are high!
Russian air liner of the latest generation Superjet-100, which belongs to the Yakutia air company, has made its first commercial flight from the Russian city ...
A little conversation among US inhabitans – Are we on the right pad?
Hi my little sister, the critique of the current status of the USA is about the government being controlled by big corporations, banks, which naturally ...
How can investors rely on law and order if it seems that the legal system is being used to punish those who don’t fit government’s policies?
Standard & Poor's Says Civil Lawsuit Threatened By DOJ Is Without Legal Merit And Unjustified (via PR Newswire) WILL VIGOROUSLY DEFEND AGAINST ERRONEOUS CLAIMS REGARDING ...
Solar energy showes promissing results.
Unsubsidized Solar Revolution Starting, UBS Reports (via Clean Technica) This articles was originally published on Renew Economy. It has been republished with full permission. The ...
U.S. – Universities: “All inclusive” hotel resorts for lunch and learn. Vacations on credit card for the better future of whom?
Student Loan Bubble Update: “This Situation Is Simply Unsustainable” (via Market Shadows) Courtesy of ZeroHedge. View original post here. Submitted by Tyler Durden. The last ...
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