Finance ministers of the G20 major economies will meet on Friday amid anxiety that a currency war is looming.

by Rachel Cooper, The Telegraph:

The meeting in Moscow, between finance ministers who represent countries accounting for 90pc of the world’s GDP, looked likely to be dominated by sparring over Japan’s policies that have driven down the value of the yen.

Japan’s huge round of fiscal and monetary expansion is aimed at raising the rate of inflation to 2pc. The yen has fallen by around 20pc since November, sparking a rally in Japanese stocks that, the government hopes, will jump-start growth by encouraging savers to spend and companies to invest.

With the US, Britain and the eurozone all implementing loose monetary policy, some emerging market exporters have sounded the alarm over ‘currency wars’ that they fear will devalue their foreign reserves and hurt their competitiveness.

Read More @

Tags: G20, cloud, currency, meets, under, war

Views: 27

WATCH LIVE: Ferguson Continues to Protest

Please remember this website is supported by your donations...

12160 NEWS new management/admin info

You filthy, abnormal animal’: graphic contents of anonymous letter sent by FBI to Martin Luther King  

2nd Grader’s Homework Teaches ‘Rights Are Special Privileges The Government Gives You’ 

Texe Marrs - Project Lucid - Published on Jun 30, 2013 Too much to list. 

I Don't Have A Problem With The KKK Fliers Posted In Ferguson MO by Deep Space

VIDEO: Citizens Approach Cop They Saw Littering, Cop Says, “Yeah? What are You Gonna Do About It?”:

US senator’s son charged with killing 21 dogs - US senator’s son charged with killing 21 dogs Published time: Nove... 

WATER Crisis -HOAX - Primary Water - What you didn't know about the manufactured drought. 

Keiser Report: Whistleblower Alayne Fleischmann (JP Morgan 'worst nightmare') talks to Max (E679) 

Propaganda and Manipulation: How mass media engineers and distorts our perceptions

Did VIP abusers murder a boy? Scotland Yard's new probe into paedophile ring at luxury flats used by ministers 

Meet Ferguson Police Officer Darren Wilson - a total asshole NEWLY POSTED VIDEO

Report an Issue

Discussion Forum

Monopoly Men: Federal Reserve Fraud

Started by HwΩΩd♪ Mar 16, 2013. 0 Replies

Overdose: The Next Financial Crisis

Started by HwΩΩd♪ Sep 13, 2012. 0 Replies

Provocateurs At End The Fed Rally?

Started by truth. Last reply by Hugh Mann Oct 11, 2011. 1 Reply

© 2014   Created by truth.

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 2007-2014 - all rights reserved. unless otherwise noted
var _gaq = _gaq || []; _gaq.push(['_setAccount', 'UA-48719234-1']); _gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + ''; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })();