Forbes.com Currencies Report 'The Dollar Collapses' commodities, stocks and foreign currencies all rise as investors sell dollarsCarl Gutierrez, 09.08.09, 04:05 PM EDTThe U.S. dollar reached its lowest point against the euro this year due to a myriad of forces including rising global stocks and commodities prices, low interest rates, and investors diversifying out of Treasury debt and into other assets including U.S. stocks...
G7 To Forgive Haiti Foreign DebtThe world's seven most industrialised countries have vowed to cancel their remaining bilateral debt with quake-hit Haiti, Canadian finance minister Jim Flaherty said.
The vow comes as the United States, Canada, France, Brazil and other donors with interests in Haiti meet in Montreal to map out...
Russia Uses Microsoft to Suppress Dissent
The group, Baikal Environmental Wave, was organizing protests against Prime Minister Vladimir V. Putin’s decision to reopen a paper factory that had polluted nearby Lake Baikal, a natural wonder that by some estimates holds 20 percent of the world’s fresh water.
Instead, the group fell...
BP Attorney Suggests That the Oil Giant Might Seek to Cap Spill Claims at $75 Million
"In a seemingly never-ending parade of radio, television, print and web ads, in addition to numerous official statements, BP officials have repeatedly insisted that the company intends to make the Gulf Coast and its residents "whole" again. In the latest such PR blitz, BP employee and New...
Russia sells shares in 900 companies
Russia intends to sell up to 15% of the largest oil companies in the country, Rosneft, as part of the government to raise 1.8 trillion. rubles (59 billion) from asset sales over the next five years to balance the budget.
The government of Prime Minister Vladimir Putin approved...
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