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www.thelocal.de/national/20130518-49781.html While a third of Germans would rather pay with the old Deutsche mark than the euro, economists warn that a German exit from the currency union would result in a disaster. A German exit would be an economic
The owner of a "Kirana" or mom-and-pop grocery store accepts money from a customer in his shop in Mumbai. MarketWatch) For nations without a large domestic economy, adequate resources and a need for new markets, a retreat from global integration
Search This Blog Search Follow This Blog Reports and Commentary on Twitter Recent Posts May 15 Wrestling officials, diplomats and reporters filed video, photographs and text updates on a wrestling match between Iran and the United States in New York'
Search This Blog Search Follow This Blog Reports and Commentary on Twitter Recent Posts May 13 Supporters of the Syrian government posted a graphic video to YouTube on Sunday that appeared to show a rebel commander cutting out the heart and liver of
Joining a new wave of global central bank easing, the Bank of Israel cut its benchmark interest rate Monday in a surprising move aimed at relieving upward pressure on the country's currency, the shekel. Central banks in Australia, South Korea, Poland,
Central bankers claim that they aren't starting a currency war. They deny that their policies are aimed at the competitive devaluation of their currencies...On April 4, Japan's central bank announced a plan to double the monetary base over two years
T he rupee on Monday lost 15 paise to hit a fresh over one-month low at 54.95 against the dollar in early trade on the Interbank Foreign Exchange market due to appreciation of the US currency against other currencies in the global markets. The rupee
04 pm Beijing : China's new local-currency loans exceeded estimates last month while money supply expanded at a faster pace, a sign policy makers are maintaining credit support for the economy after first-quarter growth unexpectedly slowed.
Shares finished 0.47 percent up Friday, in line with a rise on the Shanghai stock market and after impressive gains on the Tokyo bourse fuelled by the dollar's surge past the 100-yen mark. The benchmark Hang Seng Index added 109.74 points to end at
T he Indian rupee fell by 10 paise to 54.26 per dollar in late morning trade today following bouts of demand of the US currency from importers despite its weakness overseas. The rupee resumed marginally higher at 54.14 per dollar as against the last