JNN 3 Oct 2013 WASHINGTON — The ongoing partial federal government shutdown and fiscal uncertainties are dampening American economic recovery, and a default on U.S. debt payments would have “immediate and substantial” negative effects on the country’s economy that would be difficult to quickly reverse, said David Stockton, a senior fellow at the Peterson Institute for International Economics (PIIE). Continue reading
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China’s Yuan ready to over ride the US Dollar Hegemony
JNN 21 Nov 2012 Beijing : China’s official currency yuan is set to rise to the status of an international currency as more nations abandon the US dollar to peg their currency to the Chinese yuan, a new report says. Continue reading
China's Yuan ready to over ride the US Dollar Hegemony
JNN 21 Nov 2012 Beijing : China’s official currency yuan is set to rise to the status of an international currency as more nations abandon the US dollar to peg their currency to the Chinese yuan, a new report says. Continue reading
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