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China Changes Leaders
Wednesday, November 7, 2012 - 3:01pm | 389Read More...China's 18th Communist Party Congress opens tomorrow and will feature a once-in-a-decade change in the top leadership of the ruling Communist party. Vice President Xi Jinping will become Secretary-general of the Communist party and President of China, succeeding Hu Jintao. Vice-Premier Li Keqiang...
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Hatred Of The Dollar From A Global Perspective
Monday, June 6, 2011 - 12:29pm | 516Read More...Traders know that the U.S. Dollar Index ETF (NYSE: UUP) has been losing ground… fast. Year-to-date, the performance of the fund is worse than -7%. In the past twelve months, the fund has lost 18% of its value. As the value of the dollar declines, traders, banks, and even countries become concerned...
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Lloyd Blankfein Got What? (GS)
Wednesday, January 19, 2011 - 9:55am | 308Read More...Goldman Sachs (NYSE: GS) CEO Lloyd Blankfein received an invitation to the White House while Chinese President Hu Jintao is meeting with President Obama to discuss economic matters between the two countries. Inviting Blankfein is a sign that the White House is becoming more pro-business, and...
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China To Decide Its Exchange-Rate Policy On Its Own Says President Hu Jintao (C)
Tuesday, April 13, 2010 - 12:11pm | 408Read More...Bloomberg reports that in what could be a setback to the Obama administration’s efforts to push China to revalue its currency, China’s President Hu Jintao has said that his country won’t yield to any external pressure in deciding when to adjust the yuan. President Obama had urged China to move...
