Tag Archives: World

World Bank chief surprises with gold standard idea

World Bank chief surprises with gold standard idea Leading economies should consider adopting a modified global gold standard to guide currency rates, World Bank president Robert Zoellick said on Monday in a surprise proposal before a potentially acrimonious G20 summit. … Continue reading

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Dollar gains, world stocks slip after China’s rate move

Dollar gains, world stocks slip after China’s rate move World stocks and commodity prices fell on Tuesday after China, the engine of growth in a still weak global recovery, raised interest rates for the first time since 2007 to rein … Continue reading

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World stocks fall on economic worries

World stocks fall on economic worries World stocks fell on Tuesday in markets dominated by concerns the U.S. economy is sliding back into recession, prompting further flows into safe-haven assets. Read more on Reuters via Yahoo! News

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World Bank re-examines commodity boom

World Bank re-examines commodity boom THE effect biofuels have on food prices is not as large as originally thought; instead, financial investors’ use of commodities – also known as the “financialisation” of commodities – may have been partly responsible for … Continue reading

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