Mexican Central Bank Quietly Buys 100 Tons of Gold
Thursday, May 5th, 2011 | Post a comment
Mexico has quietly purchased nearly 100 tons of gold bullion, as central banks embark on their biggest bullion buying spree in 40 years.
Moody’s Downgrades Ireland
Friday, April 15th, 2011 | Post a comment
LONDON—Moody’s Investors Service Inc. downgraded Ireland’s government debt by two notches Friday, taking the country to the brink of junk status, and kept its outlook negative.
Posted by John under: Perplexity,Root of All Evil
BRICS demand global monetary shake-up, greater influen
Thursday, April 14th, 2011 | Post a comment
SANYA, China (Reuters) – The BRICS group of emerging-market powers kept up the pressure on Thursday for a revamped global monetary system that relies less on the dollar and for a louder voice in international financial institutions.
Posted by John under: Perplexity,Root of All Evil
If Market Keeps Falling, Fed Will Keep Printing: ‘Dr. Doom’
Tuesday, March 15th, 2011 | Post a comment
Falling stock prices will be met only with more money injections from the Federal Reserve, Marc Faber, the so-called “Dr. Doom,” told CNBC.
Posted by John under: Perplexity,Root of All Evil
IMF calls for dollar alternative
Friday, February 11th, 2011 | 7 comments
NEW YORK — The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world’s reserve currency.
Posted by John under: Perplexity,Root of All Evil
Bankruptcy Filings Leapt 9% Last Year
Tuesday, January 4th, 2011 | Post a comment
The number of Americans filing for personal bankruptcy topped 1.5 million last year, as high long-term jobless rates and depressed home prices drove more households to seek court protection.
Posted by John under: Perplexity,Root of All Evil
China Central Bank absorbing substantial amounts of gold without disrupting market
Tuesday, December 28th, 2010 | Post a comment
China’s official gold reserves are seen to be being effectively held at whatever level the country’s government thinks is of political and financial advantage.
Posted by John under: Kings of the East,Perplexity,Root of All Evil
Bailed-Out Banks Slip Toward Failure
Monday, December 27th, 2010 | Post a comment
Nearly 100 U.S. banks that got bailout funds from the federal government show signs they are in jeopardy of failing.
Posted by John under: Perplexity,Root of All Evil
WikiLeaks cables: Lamb sales behind New Zealand’s ‘flap’ with Israel
Wednesday, December 22nd, 2010 | One comment
Lamb is one of New Zealand’s biggest exports. Photograph: Getty
Country’s condemnation of Israeli intelligence agents in 2004 seen as attempt to increase exports to Arab states
Posted by John under: Root of All Evil
Arizona sues BofA over loan modifications
Saturday, December 18th, 2010 | Post a comment
PHOENIX – Attorneys general in Arizona and Nevada filed civil lawsuits Friday against Bank of America Corp., alleging that the lender is misleading and deceiving homeowners who have tried to modify mortgages in two of the nation’s most foreclosure-damaged states.