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Russia, China Should Dump Dollar in Trade - Medvedev
By Reuters
Russia and China should consider switching to domestic currencies in bilateral trade without going to the dollar, Russia's president Dmitry Medvedev said in an interview with Kommersant daily published on Friday. Continue
Credit card rate racket: As Bank of England freezes interest fee at 0.5%, firms push up theirs to a record 18%
Fed Intends to Hire Lobbyist in Campaign to Buttress Its Image: The Federal Reserve intends to hire a veteran lobbyist as it seeks to counter skepticism in Congress about the central bank’s growing power over the U.S. financial system, people familiar with the matter said.
Treasury bloodbath soaks top fund managers: - Investors have been blindsided by one financial catastrophe after another over the last 18 months, but throughout the tumult, the government bond market has been their friend. Until now.
Bankrupt: Bank No. 37 Closed; Bank of Lincolnwood Seized by Regulators: Bank of Lincolnwood, Lincolnwood, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation, Division of Banking, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.
Bankrupt: No Private-Equity Deal for Failed Silverton Bank: The Federal Deposit Insurance Corp. has decided to wind down Silverton Bank, the failed Atlanta "bankers' bank," instead of selling it to investors, a setback for the private-equity industry but not one expected to damp its hunger for troubled banks.
Alabama County Set to Halt Services, Shut Buildings Over Budget: Alabama’s most populous county is preparing to stop road maintenance, close courthouses and shutter services for the elderly after a court struck down taxes that pay for about 35 percent of its budget.
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Global Financial Power Shifting To China
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US/Euro Economies Descend Into Marxism
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Madoff Bagged $165M Just Before His Arrest
Protests Vs Putin As Russian Factories Go Broke
Merkel's May Wake Bears From Hibernation
Russia, China Should Dump Dollar In Trade - Medvedev
Housing Bubble Caused Great Depression, Too
Ingredients For Bull Run On Gold, Gold Stocks There
China Considers Buying $50B In IMF Bonds
Credit Card Rates Rise Despite Low Bank Rate
US Mtge Rates Surge To Highest Since December
Uganda Oil Reserves Rival Saudi Arabia - US Expert
US Regulator Details Derivative Plans
Ex-Countrywide Chief Exec Charged With Fraud
House Seeks Bigger (ANY) Scrutiny Over Fed
Brown Resignation Rumor - Pound Plunges
British Airways Won't Rule Out End Of Pensions
Baby Boomers Last To Retire With Good Deals
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