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Attentive and loyal readers of this blog will recall that I wrote, almost exactly a year ago, about China’s proposal to replace the dollar as the world’s reserve currency with the special drawing right (SDR), a unit of account used by the IMF, which is based on a weighted basket of currencies...
Global Emerging Markets (GEMs)
Filed under: Filed under: reserve currency, bailout, Britain, Angela Merkel, Dominique Strauss-Kahn, European Union, Greece, SDR, Bulgaria, euro, Ireland, IMF, Spain, Romania, dollar, Portugal, Greek
..But First, A Word From Our Sponsor... It was another solid period of financial growth for EverBank(R). Our superior strength and stability has been enhanced even more by these 2009 first half results: *Net income grew to $26 million-a 41% increase over first half of 2008 *Strong earnings bolstered...