China, whose $2.45 trillion in foreign-exchange reserves are the world’s largest, is turning bullish on Europe and Japan at the expense of the U.S. The nation has been buying “quite a lot” of European bonds, said Yu Yongding, a former adviser to the People’s Bank of China who was part... Read more...
The Wall Street Journal reported Thursday that the Euro has reached an 11-week high against the dollar. NEW YORK –The euro rose above $1.31, hitting its highest point in 11 weeks as improving euro-zone economic data helped the common currency extend a strong rally that’s seen it rise more... Read more...
The euro is a flawed construct and Germany's budget savings policy is making it harder for other countries in the currency bloc to regain competitiveness, billionaire investor George Soros said on Wednesday. Soros said the euro was an incomplete currency from the start as the European Union's Maa... Read more...
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06/06/2010,
by IAmNotARapperiSpit.com in Exclusive,
News,
Politics As Usual,
Stranger than fiction,
Video,
War,
World News
Can you really call it a conspiracy if its true? Read more...
American taxpayers have been freshly liberated of hundreds of billions more dollars as part of the IMF’s new bailout package which is principally going straight to European banks, in addition to the Federal Reserve program to ship U.S. dollars to Europe, in a move that represents little more... Read more...
1 comment,
08/05/2010,
by IAmNotARapperiSpit.com in mac,
News,
program,
Stranger than fiction,
World News
The line up goes down the block and around the corner for prosecutions against Goldman Sachs, Sovereign debt looms large, 8 more banks close, scandals in the financial sector continue to erupt everywhere, the public picks up the bills, we face a staggering depression, anger grows against wall stree... Read more...
The euro has jumped and stock markets have risen on reports that eurozone leaders have agreed the details of a plan to rescue debt-ridden Greece. Leaders had finally agreed an interest rate at which to lend money to Greece, should it be needed, the reports said. As a result, the euro gained mo... Read more...
1 comment,
10/04/2010,
by IAmNotARapperiSpit.com in Bitchassness,
Music,
News,
Stranger than fiction,
Video
Remember in the 80s when Suge Knight would come in he club & everybody would run?? Maybe the dude the shot him & the dude that knocked him out dont... *kanye shrug* Rapper Kanye West is due to face rap mogul Marion "Suge" Knight in a Miami courtroom over a shooting at a nightclub in Augus... Read more...
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15/01/2010,
by IAmNotARapperiSpit.com in Do The Knowledge,
Dont Believe The Hype,
News,
Politics As Usual,
World News
Spain's prime minister has proposed setting binding economic objectives for the EU's member states under a 10-year plan to boost growth and competiveness. Jose Luis Rodriguez Zapatero said "corrective measures" were needed under the 2020 Strategy if the EU wanted to compete and become more pros... Read more...