Renminbi rise ‘less necessary’

" By Martin Wolf in London and Geoff Dyer in Beijing Published: August 31 2008 22:21 | Last updated: August 31 2008 22:21 China does not need to accelerate the appreciation of the renminbi against the US dollar, according to Cheng Siwei, vice-chairman of the...

Gaddafi given title 'king of kings'

Whether to cheer or cry has typically been the dilemma when considering anything that has involved Qadhafi over the last three to four decades. A recovering revolutionary and terrorist, he's been in and out of rehab...

In God We Trust, wins a majority in Polls to stay on US Currency

Opinion/SatireBarry Artiste, Now Public ContributorMichael Newdow, atheist, rabble rouser and now certified " Whackjob Extraordinare" maybe shot down in flames in previous attempts to get "In God We Trust" removed...

Oil and Gold Down, Dollar Still Going Up

Oil - down."A rapidly cooling global economy and an increase in supply from Opec nations will see the price of oil ease next year. In its latest monthly market report, the International Energy Agency looks to a "potential easing in...

Zimbabwe Currency Reform: Remove Some Zeroes

There's a rock 'n' roll legend (I do not know if it's actually true) about how Slash, of Guns 'n' Roses fame, had hired someone to follow him on his nightly booze binges to carry him home afterward. In a similar...

Fifth of Burmese aid cash lost to exchange rate trick

The situation in Burma after getting hit by Cyclone Nargis is back in the headlines. This time, it has much to do with money issues. " International aid agencies helping the victims of the devastating cyclone in Burma are losing as much as a fifth of the money that they...

The Mother of All Messes

OPINION: Paul Craig Roberts clearly exposes the complete disconnect between what the Republicans claim will happen should the US Government shift to Democratic Party dominance, and the total cock-up they have made of...

Three BJP MPs accuse SP, Congress Leaders Bribe for Votes

"Three BJP MPs accuse SP, Congress Leaders Bribe for Votes"

Sovereign funds fly out dollar deposits

In reaction to growing US dollar weaknes, some sovereign wealth funds decided to reduce their exposure to that currency. According to the following FT article "Behind the scenes, fund officials are questioning the credibility of the Federal Reserve and US Treasury in...

Our Money Culture $1

A Criticial Essay in Five Parts    Even if you've never been to the United States, held any US currency in your hand, or have never even seen a US dollar bill, you are affected daily by this instrument of...

Oil Prices tumble below $143

After continuously increasing for many weeks now fuel prices for the first time prices have fallen down. Stronger dollar is also helping in reducing the crude price. dollar has appreciated against major currencies....

Beating Runaway Inflation in Kenya

" This month Kenya's Central Bureau of Statistics (CBS) released figures showing that Kenya's annual inflation has reached 31.5%.  There are many factors contributing to this trend amongst them are two...

Somali Crisis 'Worse than Darfur'

Although much of the world's attention has been recently focused on the burgeoning global food crisis, the challenging situation in Somalia is among the  worst. Due to a combination of violent conflict, drought,...

Nuclear's changing fortunes

OpinionBarry Artiste, Now Public ContributorCertainly now with the price of oil skyrocketing, Nuclear seems to be the way to go. Past Rabid Naysayers seem to be changing their tune now versus when Oil was plentiful...

Egypt Earns Record Income from Suez Canal

"Suez canal earns record $487 million in May, Daily Star Egypt, June 4, 2008The Suez Canal’s monthly income surge 27 percent.CAIRO: The Suez Canal Authority posted a record monthly income of $487 million in May, a 27 percent surge on the previous year, authority chairman...

Make News

Top Members Today

  • Top Rookies

  • Top Veterans

 

closeSign in to NowPublic

is reporting from