via Russia Today
via Russia Today
IMF’s Strauss-Kahn suggests IMF may one day provide global reserve asset Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would…
Saudi-based entertainment firm Rotana said it agreed to sell a $70m stake in the Rotana Group to Rupert Murdoch’s News Corp, a move aimed at boosting the firm’s foothold in the media industry. “News Corp has reached an agreement to…
News that Saudi Arabia had boosted its oil output by 300,000 barrels a day was greeted as a non-event on oil markets — the move wasn’t anywhere near the kind of production increase needed to bring prices down on Friday.…
In France and Germany, students are being forced to undergo a dangerous indoctrination. Taught that economic principles such as capitalism, free markets, and entrepreneurship are savage, unhealthy, and immoral, these children are raised on a diet of prejudice and bias.…
Food prices are causing misery and strife around the world. Radical solutions are needed PICTURES of hunger usually show passive eyes and swollen bellies. The harvest fails because of war or strife; the onset of crisis is sudden and…
· Wachovia to cover losses with $7bn fundraising · Uncertainty continues over Bradford & Bingley The gloom enveloping the banking sector worsened yesterday after America’s fourth-largest bank, Wachovia, admitted it needed to raise $7bn through an emergency fundraising after running up…