China, Germany plan to settle more trade in yuan, euros

Aug 30 (Reuters) - Germany and China plan to conduct an increasing amount of their trade in euros and yuan, the two nations said in a joint statement after talks between Chancellor Angela Merkel and Chinese Premier Wen Jiabao in Beijing on Thursday. Remember, Germany's the economic engine of Europe, and China is the economic [...]

By |2012-09-06T15:47:31-04:00September 6th, 2012|Economy, Featured Categories, Uncategorized|0 Comments

Fed Steps Up To “Do Our Part”

From the Federal Reserve's web site: The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing coordinated actions to enhance their capacity to provide liquidity support to the global financial system. The purpose of these actions is to [...]

By |2011-11-30T12:14:05-05:00November 30th, 2011|Economy|0 Comments

Mining Company Shifting Assets Out Of U.S. Dollar

Full Disclosure: I own stock in this company (PAAS). This is not investment advice, and I am not a financial professional. You should consult a licensed investment professional before investing any money in anything. Bloomberg reports: Pan American Silver Shifts Assets to Canadian Dollars Pan American Silver Corp., the world’s fourth-largest silver producer, said it’s [...]

By |2011-03-24T12:41:06-04:00March 24th, 2011|Economy, Video|1 Comment

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