China Uses Russia as Testing Ground for Currency Gamble
Accounting for less than 5 percent of global payments, however, the yuan is still a long way from dethroning the dollar.
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Accounting for less than 5 percent of global payments, however, the yuan is still a long way from dethroning the dollar.
GBP/EUR Outlook: Pound Euro Exchange Rate Muted amid UK Recession Fears
LHG Capital Management has restructured its global macro fund and its AUM rurpasses US$750m after record inflow
Last week, economist Ian Shepherdson warned that house prices in the US could be on the verge of dropping by up to 20% because of 'cratering demand'.
But he shows no signs of being ready to stand down. Last night, he reshuffled his ministerial team to fill vacancies created by the resignations.