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breakingnews
10.04.2009, 06:56
Many people call local money issued in a dozen US cities, from East Coast to West Coast, worthless pieces of paper. However, it is not just Monopoly money for the people of Ithaca, New York.
12.10.2009, 20:50
1 comment
Speculation about dropping the dollar as the key trading currency, which would be of interest for the Russia-China partnership, aren’t realistic, said Natalia Zaderey from the Institute of Far Eastern Studies in Moscow.
06.10.2009, 16:55
2 comments
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.
04.07.2009, 10:03
7 comments
The US administration has been saying it sees the first green shoots of economic recovery. However consumer spending remains low in America, and some experts argue the signs are misleading.
15.09.2009, 09:36
6 comments
The past year of economic decline has seen Washington’s influence on the wane, as well as London’s, and the way is now open for other countries to decide policy. Among them: Russia and her BRIC colleagues.
16.04.2010, 23:19
2 comments
The eurozone’s secret is that its pockets are a little dusty. It could print or borrow the cash to bail out Greece and but it knows that would not be the end of it.
11.07.2009, 03:51
7 comments
Most international trade is done in dollars, but if it is abandoned for another currency, China and other suppliers may no longer want to buy worthless U.S. debt, argues Trend Research Institute founder Gerald Celente.
05.10.2009, 16:52
US economist and author Max Wolf says the American economy is a ticking time bomb, and there is no telling when it will go off. RT caught up with him in New York to talk about the subject in more detail.
13.07.2010, 08:13
27 comments
Estonia is less than six months away from joining the Euro, but instead of seeing gold, many in the country are expressing concerns.
27.07.2009, 10:12
5 comments
In 2008 Russia’s rich almost doubled their transfers abroad compared to the previous year with overall investment into foreign economies totaling $25.6 billion.
Published: 30 November, 2009, 09:53
Edited: 30 November, 2009, 21:31
As Americans become frustrated with the US economy, more and more people are getting creative with their money, like Larry Chang and Nick Williams, who make their own currency.
Wow, thats a really clever way of tihnikng about it!
How symbolic - we now see the real value of the US Dollar!