Currency issues take centre stage at G8
Published: 10 July, 2009, 18:30
The final day of the G8 Summit has moved a step closer to creating a new world currency.
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10.07.2009, 17:57
Russian steelmaker, Mechel, has posted a 1Q 2009 Net Loss of $691 million under U.S. GAAP.
10.07.2009, 17:41
Russia’s media businesses have been hit hard by slumping advertising revenues and the devaluation of the Rouble. The short term outlook remains bleak, but a stronger industry will result.
10.07.2009, 13:17
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With world leaders discussing what change to the financial system, PricewaterhouseCoopers Global Chairman Dennis Nally is saying it is already changing and its a matter of managing the changes required.
02.07.2010, 15:21
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The US dollar should be cast off as the world's main reserve currency according to a recent U.N. report, with a number of states including Russia and China calling for a new reserve currency system.
23.06.2009, 14:20
The push to make the Russian rouble a new regional reserve currency has picked up momentum with renewed calls by Russian President, Dmitry Medvedev, at the St Petersburg Forum and the BRIC meeting in Yekaterinburg.
16.04.2010, 11:32
Leaders of the BRIC countries are studying the use of national currencies in mutual trade. The heads of the world's fastest emerging economies are meeting in Brazil to work out a common vision on post-crisis development.
08.10.2010, 18:52
The EBRD is believed to be in the box seat to buy a 10% stake in the RTS Russian stock market.
15.06.2009, 20:17
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The group of developing nations known as the BRICs is continuing to build up their reserves with the International Monetary Fund - while denying they want a new currency to rival the dollar.
03.09.2009, 14:49
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A midweek spike in gold prices has seen the precious metal clear a key resistance level of just over $960/oz with an easing U.S. dollar adding to its outlook on the upside.
06.10.2009, 16:55
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The media jumped on the dollar-is-dead story, after Britain’s Independent newspaper reported plans by oil producers to stop selling in dollars within nine years.
Published: 10 July, 2009, 18:30
The final day of the G8 Summit has moved a step closer to creating a new world currency.
