The US dollar has been the international reserve currency for decades. This means other nations’ central banks hold it as the ready means to pay debts and propel commerce. If the buck lost its a lot of it value, the dollar couldn’t fulfill those roles. Goldman, in its own study, sing...
In 2017 alone, the dollar has lost around 12 percent of its value, and its decline of more than six consecutive months marks the longest sustained fall it has suffered in at least 14 years. The dollar’s fall is even more remarkable given that January witnessed the currency notch its highe...
LIVERPOOL'S future appears to be reaching crisis point as their beleaguered American owners run out of time in their desperate fight to retain control of Anfield.Daily Post (Liverpool, England)
American tourists, however, shouldn’t expect any relief soon. The dollar lost strength the way many marriages break up- slowly, and then all at once. And currencies don’t turn on a dime(coin). So if you want to avoid the pain inflicted by the increasingly pathetic dollar, cancel that...
LastweekCoca - Colasstickbubbledtoafive- yearhighafteritreportedafantasticquarter.Foreignsalesaccountedfor65percentofCokesbeveragebu sin ess.OtherAmericancompaniesprofitingfromthistrendincl'sandIBM. Americantourists, however, 'shouldntexp ectanyreliefsoon.Thedollarloststrengththewaymanymarriagesbreakup- slowly, ...
A weaker Japanese yen was a key factor in the drop to fourth place, since comparisons of nominal GDP are in dollar terms.
This debt often has a major impact on the quality of life for those who take out loans to pay for college, especially for borrowers who go into default, experts say. Defaulting technically occurs after more than 270 days of overdue payment, leading to potential leg...
American tourists, however, shouldn't expect any repef soon. The dollar lost strength the way many marriages break up- slowly, and then all at once. And currencies don't turn on a dime. So if you want to avoid the pain infpcted by the increasingly pathetic dollar, cancel that summer ...
It's not too early to start your holiday shopping for people who happen to love the latest gadgets. Let's face it: These people are often really hard to shop for, but we have some really great gift suggestions. Some of these tech-minded Christmas and holiday gift ...
It comforts both the US and China not to acknowledge the changing shift in global economic power. Coming from the UK, which lost its top economic dog status in the late 19th century but still has some delusions of grandeur, I can understand American denialism. For China, it is also easier...