World-News

HERE'S a big lesson of the first international financial crisis of the 21st century: some old-fashioned economies are weathering the storm better than those that borrowed big to spur growth or those that bet heavily on debt-strapped American consumers.

http://www.theaustralian.news.com.au/story/0,25197,23480097-36375,00.html



Authorities lose patience with collapsing dollar

Jean-Claude Juncker, the EU's 'Mr Euro', has given the clearest warning to date that the world authorities may take action to halt the collapse of the dollar and undercut commodity speculation by hedge funds.

http://tinyurl.com/6a3qtm


From Information Clearing House



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