All News Is Bad News

Rise In Factory Gate Prices Fuels Inflation Fears
Interest rates could still rise soon, economists said, as the biggest leap in the prices factories pay for their materials in more than two years underlined the inflation threat. Input prices at factories rose 13.4pc in the year to …

Portugal Threatened By Debt
Portugal looks set to become latest eurozone member to be threatened by speculative attacks in the bond markets as borrowing costs soar. The European Central Bank (ECB) has stepped in to the financial markets to buy Portuguese bonds on Thursday amid growing fears that the eurozone’s rolling crisis is about to claim its third victim. Policymakers in …

New World Order – IMF Boss Calls For Global Currency
from The Guardian:
Dominique Strauss-Kahn, head of the International Monetary Fund, thinks a new world currency would calm economic instability and curb the dollar’s power. M. Strauss-Kahn, managing director of the International Monetary Fund, has called for a new world currency that would challenge the dominance of the dollar and help curb future financial instability …

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