Numerous Countries Have Recently Dropped The Dollar as Their Reserve Currency
Venezuela's state-run oil company begins demanding payment in euros as US dollar weakens
Rafael Ramirez said the initiative by Petroleos de Venezuela SA, or PDVSA, to charge euros rather than U.S. dollars was ''advancing,'' but not yet completed.
http://tinyurl.com/2zsepo
Numerous Countries Have Recently Dropped The Dollar as Their Reserve Currency
In the past couple of years, the following countries have stopped using the dollar as their reserve currency or have dropped their currency's peg against the dollar.
http://tinyurl.com/27kq6z
Federal Reserve slashes US rates
The Federal Reserve has cut US interest rates sharply in an attempt to restore confidence to nervous financial markets and boost the ailing economy.
http://news.bbc.co.uk/1/hi/business/7303404.stm
Housing Construction Declines
In another sign of troubles in the beleaguered housing industry, construction of new homes fell by a larger-than-expected amount last month.
http://tinyurl.com/2bysbq
Even experts can't grasp this crisis
Raise your hand if you don't quite understand this whole financial crisis.
http://www.iht.com/articles/2008/03/19/business/19leonhardt.php
From Information Clearing House
http://freepage.twoday.net/search?q=Venezuela
http://freepage.twoday.net/search?q=dollar+weak
http://freepage.twoday.net/search?q=reserve+currency
http://freepage.twoday.net/search?q=financial+markets
Rafael Ramirez said the initiative by Petroleos de Venezuela SA, or PDVSA, to charge euros rather than U.S. dollars was ''advancing,'' but not yet completed.
http://tinyurl.com/2zsepo
Numerous Countries Have Recently Dropped The Dollar as Their Reserve Currency
In the past couple of years, the following countries have stopped using the dollar as their reserve currency or have dropped their currency's peg against the dollar.
http://tinyurl.com/27kq6z
Federal Reserve slashes US rates
The Federal Reserve has cut US interest rates sharply in an attempt to restore confidence to nervous financial markets and boost the ailing economy.
http://news.bbc.co.uk/1/hi/business/7303404.stm
Housing Construction Declines
In another sign of troubles in the beleaguered housing industry, construction of new homes fell by a larger-than-expected amount last month.
http://tinyurl.com/2bysbq
Even experts can't grasp this crisis
Raise your hand if you don't quite understand this whole financial crisis.
http://www.iht.com/articles/2008/03/19/business/19leonhardt.php
From Information Clearing House
http://freepage.twoday.net/search?q=Venezuela
http://freepage.twoday.net/search?q=dollar+weak
http://freepage.twoday.net/search?q=reserve+currency
http://freepage.twoday.net/search?q=financial+markets
rudkla - 19. Mär, 23:20
