Euro Higher Than Ever Against Dollar
PARIS -- Financial stocks were pushed lower Tuesday in Asia and Europe and the euro hit a record against the dollar as new concerns about the global f...
Dollar
What is 'Monetary Extremism?'
Max Keiser | Posted 07.05.2008 | Business
I was on France24 Friday talking about oil, the dollar, and gold. part 2 Key to the rise in oil and gold prices is what I call 'monetary extre...
The McDonalds Falling Dollar Menu
Michael Pento | Posted 05.30.2008 | Business
Read More:
Commodities,
Dollar,
Weak Dollar,
Agriculture,
McDonald's,
Dollar Menu,
McDonalds Stock,
Business News
Because the dollar has fallen 40% in the last six years, McDonalds may have to reduce quality, raise prices or both in their famed Dollar Menu.
Ten Dollar-Friendly Destinations
MSNBC | Posted 05.20.2008 | Business
No, that's not a mirage. The economy is faltering, the dollar is getting clobbered by the euro, and traveling to the far reaches of luxury is costlier...
Behind the Rise in Prices: The Plan to Torpedo the Dollar
Danny Schechter | Posted 05.19.2008 | Politics
Read More:
Price of Oil,
Dollar,
China,
Bush Administration,
Economy,
Bankers,
Hank Paulson,
Sub-Prime Mortgage Crisis,
China Earthquake,
Politics News
Paulson avoided a straight answer with a flurry of "uh, uh, uh," halting phrases and contradictory assertions.
Futures Traders Bet On Dollar Gain For First Time Since 2005
Bloomberg | Posted 05.04.2008 | Business
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Betting on the Dollar,
Futures Traders,
Futures Traders Dolars Euros,
Dollar,
Euro,
Business News
Futures traders are betting for the first time since December 2005 that the dollar will gain against the euro. The difference in the number of wagers...
Will the Fed's Rollercoaster Ride Save the Dollar?
Michael Pento | Posted 04.30.2008 | Business
Will the downward pressure in commodities continue and should investors expect the end of this interest rate toboggan ride?
Dollar Slumps To New Low Against Euro
AP | MATT MOORE | Posted 04.22.2008 | Business
NEW YORK — The euro roared to another record high Tuesday, crossing $1.60 for the first time ever after a pair of European Central Bank governor...
Bernanke and Greenspan Live in the Bates Motel
Max Keiser | Posted 04.10.2008 | Business
Read More:
Alfred Hitchcock,
Bear Stearns Bailout,
Psycho,
Inflation,
Dollar,
Bernanke,
Bono,
Greenspan,
U.S. Economy,
Economy,
Federal Reserve,
Ben Bernanke,
Paul Volcker,
Business News
If you want to understand why the US dollar is doomed and what drives current Fed policy, keep in mind Hitchcock's Psycho, but with financial derivatives instead of carving knifes.
George Soros: "We Are in the Midst Of The Worst Financial Crisis Since the 1930s."
Blake Fleetwood | Posted 04.03.2008 | Business
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George Bush,
Recession,
Depression,
George Soros,
Decline of the Dollar,
Housing Crisis,
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Hillary Clinton,
Pound,
Forbes,
Bank of England,
Barack Obama,
Business News
If Soros is right and foreigners lose confidence in the U.S. economy, they will want their money back, the dollar will fall, and foreign investments will tumble.
Dear Mr. Bernanke
Fortune's Stanley Bing | Posted 04.02.2008 | Business
Dear Mr. Bernanke... Could you lower the interest rates some more? We'd like there to be more money in the system so we can borrow it.
Where Do Obama And Clinton Stand On China?
Chris Weigant | Posted 03.26.2008 | Politics
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Taiwan,
Yuan,
Communist,
Beijing,
Darfur,
Tibet,
Pet Food,
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2008,
Vietnam,
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Korea,
2008 Campaign,
Lead in Toys,
Dalai Lama,
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08,
Soviet Union,
Castro,
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Olympics,
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Human Rights,
2008 Presidential Race,
Hillary Clinton,
Cuba,
Censorship,
Ioc,
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In the near future, China will eclipse the Middle East and terrorism to be our number one foreign policy challenge. Yet neither Obama nor Clinton are calling for any real change in our China policy.
An Empire of Debt -- Collapsing Under Its Own Weight
Hale "Bonddad" Stewart | Posted 03.18.2008 | Business
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Economy,
Falling Dollar,
Debt,
Dollar,
Weak Dollar,
Dollar Value,
Credit Crisis,
Paul A. Volcker,
Business News
The central problems started with the "supply-side revolution," and the policy of borrowing instead of growing is finally catching up with the great debtor that is the US.
U.S. Economy Battles Host Of Financial Woes
New York Times | Vikas Bajaj | Posted 03.14.2008 | Business
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Yen,
Dollar,
Credit Crisis,
Oil Prices,
U.S. Economy,
Weak Dollar,
American Economy,
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Commodities Market,
Stocks,
Business News
Almost everything seems to be going wrong for the American economy at once. People are buying less, but most things are costing more. Mortgage rates a...
Euro, Yen Climb Against Dollar
AP | MATT MOORE and YURI KAGEYAMA | Posted 03.13.2008 | Business
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Yen,
Dollar,
U.S. Economy,
U.S. Currency,
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FInancial Markets,
Business News
FRANKFURT, Germany — Widespread concern about the outlook for the U.S. economy pushed the euro to a new record and the yen to 12-year highs agai...
Dollar Rebound in 2008: A Fairy Tale?
Eben Esterhuizen | Posted 03.12.2008 | Business
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Interest Rates,
Dollar,
Dollar Rebound,
Fed Rate Cuts,
Central Banks,
Federal Reserve,
Currency,
U.S. Dollar,
Monetary Policy,
Business News
Are traditional assumptions about the connection between growth and proactive interest rate cuts still valid if monetary policy fails?
Experts: Don't Fear The Weak Dollar
CNN/Money | David Ellis | Posted 03.12.2008 | Business
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Dollar,
U.S. Economy,
Global Currencies,
U.S. Currency,
Weak Dollar,
Recession Fears,
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Recession,
Exchange Rate,
Texbook Economics,
Business News
Concerns about the weak dollar are mounting. But even as the greenback sinks to new lows against the euro and other global currencies, some experts sa...
Bush's Hypocrisy, OPEC's Arrogance, The Oil Mess We Are Living
Raymond J. Learsy | Posted 03.07.2008 | Business
Read More:
Dollar,
Saudi Arabia,
Exxon Mobil,
Sam Bodman,
Strategic Petrolem Reserve,
Department of Energy,
Center of Strategic and International Studies,
Opec,
Nytimes,
Chakib Kheli OPEC President,
Tillerson,
Al Naimi,
Aramco,
Aramco,
Aramco,
Business News
The New York Times article informs us that we, and our dollar, are primarily to blame for the current vertiginous oil prices.
Five Reasons To Save The Dollar
Eben Esterhuizen | Posted 03.03.2008 | Business
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U.S. Economy,
Subprime Crisis,
Inflation,
Federal Reserve,
Recession,
Opec,
Ubs,
Subprime Collapse,
Dollar,
Undervalued Dollar,
Oil Prices,
Morgan Stanley,
Financial Firms,
Central Bank,
Japanese Exports,
Global Downturn,
Business News
Financial firms have so far announced losses totaling around $160 billion, and rhere is more bad news to come and central bankers know it.
"U.S. Multinationals Have Been Decoupling from the U.S. Economy," says BusinessWeek
Robert Weissman | Posted 03.03.2008 | Business
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Taxes,
Multinationals,
Job Blackmail,
Trade,
Dollar,
Exports,
Semiconductor Industry Association,
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Hector Ruiz,
George Scalise,
Multinational Monitor,
Businessweek,
Business News
The article emphasizes that the success of U.S.-based multinationals is not doing much to help the U.S. economy, by the measures that matter most.
When is Low Too Low For the Dollar?
Martin Varsavsky | Posted 03.01.2008 | Business
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Financial Crisis,
US Dollar,
Bush Economy,
U.S. Economy,
Dollar,
Weak Dollar,
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Business News
If trends continue the talk will not be about petrodollars anymore but about peso dollars and how the US joined the rest of Latin America as a nation unable to rise above its financial troubles.
Dollar Hits Record Low Against Euro
Financial Times | Krishna Guha | Posted 02.27.2008 | Business
The dollar fell to a fresh record low against the euro on Wednesday as Ben Bernanke signalled that the Federal Reserve is likely to cut interest rates...
Euro Soars to Record High $1.5057
AP | MATT MOORE | Posted 02.27.2008 | Business
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Euro,
Dollar,
U.S. Dollar,
Euro Dollar,
Dollar Euro,
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Recession,
Stagflation,
Consumer Confidence,
British Pound,
Business News
BERLIN — The euro climbed to a record high of $1.5057 in early European trading on Wednesday as sentiment increased that the U.S. Federal Reserv...
As Dollar Slides, Some NY Merchants Say "Euros Only"
Washington Post | Robin Shulman | Posted 02.24.2008 | Business
"Euros Only" reads a handmade sign in Billy's Antiques & Props on East Houston Street in Manhattan. But that's really just an attention grabber. A...
My "McLaughlin Awards" For 2007 [Part 2]
Chris Weigant | Posted 12.28.2007 | Politics
Read More:
Stuart Bowden,
Hong Kong,
Ron Paul,
Pakistan,
Darfur,
Bhutto,
Best Government Dollar Spent,
Mercenary,
Primary Schedule,
Do-Nothing Congress,
Euro,
China,
Worst Political Theater,
Wide Stance,
CAFE Standards,
President,
Most Overreported Story,
Surge,
Mercenaries,
Dollar,
Blackwater,
Worst Political Scandal,
John Edwards,
Katrina,
Gas Mileage,
Sorry to See You Go,
Global Warming,
Mark Foley,
Airport Bathroom,
Kurt Vonnegut,
MoveOn.Org,
Ethnic Cleansing,
Democrat,
Fema,
Most Underrated,
Private Security,
Democrats,
Barack Obama,
Best Idea,
Predictions,
John Murtha,
Oprah Winfrey,
Don't Tase Me Bro,
Bomb Iran,
Honorable Mention,
15 Minutes of Fame,
Fred Thompson,
Schip,
Edwards Hair Cut,
Oprah,
Hillary Clinton,
Best Spin,
Hail Eris,
Senate,
Steve Fossett,
Taiwan,
Destined for Political Oblivion,
Cloture,
Cia,
Do-Nothing,
Sidney Sheldon,
Beijing,
Molly Ivins,
Cheney,
Filibuster,
Robert Anton Wilson,
Iraq,
Most Overrated,
Larry Craig,
Bush,
Iran,
Destined for Political Stardom,
Biggest Government Waste,
Obstructionism,
Fake News Conference,
Scooter Libby,
Sectarian Cleansing,
Evel Knievel,
Hair Cut,
Most Underreported Story,
Best Political Theater,
Boldest Political Tactic,
Roadblock Republicans,
Nie,
Olympics,
Fake News,
Rudy Giuliani,
Musharraf,
Ahmadinejad,
Columbia University,
Oil,
Most Honest Person,
Fema Trailers,
Worst Idea,
$400 Hair Cut,
Discordianism,
Politics News
OK, here we go with Part 2 of my annual McLaughlin Awards. Last week's column covered the first half of these awards. Unfortunately (as of this writi...
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New York Times | David Jolly | Posted 07.15.2008 | Business