Fed chief Powell signals tapering of bond-buying and stimulus aid

Fed chief Powell signals tapering of bond-buying and stimulus aid

By Christy Gren - Aug 31, 2021

Jerome Powell announced tapering of bond-buying with the bank’s $120 billion monthly bond purchases. He also pointed labor shortages that need a quick decision.

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Yuan Band Move Indicates Improvements in the Economy

Yuan Band Move Indicates Improvements in the Economy

By Dhwani Shah - Apr 16, 2012

The doubling of Chinese Yuan trading band indicates official buoyancy in the strength of the economy’s expansion and suggests that the dismissal of Bo Xilai from the communis

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Venezuela Prepares to Nationalize its Gold Industry

Venezuela Prepares to Nationalize its Gold Industry

By Carrie Ann - Aug 18, 2011

In a move aimed at halting illegal mining as well as boosting the country’s gold reserves, Venezuelan President Hugo Chavez has announced plans of taking over Venezuela’s l

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Why China is trying to slow down its off-the-charts economy…

Why China is trying to slow down its off-the-charts economy…

By Jay Raol - Apr 18, 2011

While developed economies like USA, Europe and Australia with current GDPs of 3.1%, 0.3% and 0.7% respectively (according to tradingeconomics.com), are desperately trying to figure

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