August has seen America
burdened with political and economic pressure; with global terrorism warnings
issued at the onset of the month the US
hurriedly evacuated its embassies from the Middle East and also issued travel
warnings to its citizens about visiting the Middle East .
With the U.S. economy continuing to fade, it
is going to be really hard to argue that the U.S. dollar should continue to
function as the primary reserve currency of the world. Things are rapidly
changing, and most Americans have no idea where these trends are taking us. China and Japan are unveiling plans to
promote direct exchange of their currencies in a bid to cut costs for companies
and boosting bilateral trade. Brazil ,
Russia , India , China
and South Africa
— are set to inject greater economic momentum into their grouping by signing
two pacts for promoting intra-BRICS trade…The two agreements will enable credit
facility in local currency for businesses of BRICS countries.
The battle lines are expanding in the Justice
Department's effort to block the proposed merger between American and US
Airways. Some arguing the merger would help the economies in their regions.
With so much happening America
really needs something to pull itself through these dark times.
Download our latest issue here...
Mr. Anup Kumar Keshan
President &
Editor-in-Chief
Follow us:-





No comments:
Post a Comment