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UN Panel Says World Should Ditch Dollar

March.18, 2009 tinyurl.com A UN panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies, a member of the panel said on Wednesday, adding to pressure on the dollar. Currency specialist Avinash Persaud, a member of the panel of experts, told a Reuters Funds Summit in Luxembourg that the proposal was to create something like the old Ecu, or European currency unit, that was a hard-traded, weighted basket. Persaud, chairman of consultants Intelligence Capital and a former currency chief at JPMorgan, said the recommendation would be one of a number delivered to the United Nations on March 25 by the UN Commission of Experts on International Financial Reform. "It is a good moment to move to a shared reserve currency," he said. Central banks hold their reserves in a variety of currencies and gold, but the dollar has dominated as the most convincing store of value -- though its rate has wavered in recent years as the United States ran up huge twin budget and external deficits. Some analysts said news of the UN panel's recommendation extended dollar losses because it fed into concerns about the future of the greenback as the main global reserve currency, raising the chances of central bank sales of dollar holdings. "Speculation that major central banks would begin rebalancing their FX reserves has risen since the intensification of the dollar's slide between 2002 and mid-2008," CMC Markets said in a note ...
Категория: Education
Время: 00:02:21
Теги: new world order united nations obama bush deception ron paul economy bail out aig stimulus constitution new currency
 

The Four Tops JUST ASK THE LONELY - Shivaree -

A classic clip from Motown's finest. Sorry about the TC window, I know I have a clean copy somewhere but right now it is at large. The classic Motown performers always treated every show like it was opening night on Broadway; 110% all the way, and it shows on this 41 year old clip.
Категория: Music
Время: 00:02:09.750
Теги: 60s Soul Motown Shivaree TV
 

Launch Your Career at Thomson Reuters

Learn how recent graduates have begun their careers at Thomson Reuters. You too can become a part of this dynamic global organization. Here, you can make a difference - now.
Категория: People & Blogs
Время: 00:01:57.750
Теги: Thomson Reuters Careers
 

SOPA Stop Online Piracy Act! Gun Sales Soar! $6.3Trillion Lost in 2011!

my commentary on young people giving up on Obama, Monsanto's new GM corn, Google, Amazon, and Facebook possibly fighting SOPA, why gun sales are soaring and $6.3 trillion being lost in the 2011 economy. Will Google, Amazon, and Facebook Black Out the Net? www.foxnews.com US approves Monsanto drought-tolerant GM corn www.reuters.com FDA draws criticism after U-turn on antibiotics in animal feed www.guardian.co.uk Bad news For Rapist! www2.wkrg.com Gun sales at record levels, according to FBI background checks articles.cnn.com Total NICS Background Checks www.fbi.gov Have the youth given up on Obama? globalpublicsquare.blogs.cnn.com Florida hit hardest by Sears store closings finance.yahoo.com Jalen Rose on Detroit Schools online.wsj.com Florida Marine Veteran Shot in Craigslist Robbery Used Fingers to Plug Bullet Wounds news.yahoo.com Gold's 10 percent gain in 2011 extends run to 11th year www.reuters.com Stock Market in 2011 www.cnbc.com $6.3tn wiped off markets in 2011 www.ft.com
Категория: Education
Время: 00:06:42.750
Теги: markets gun sales record economic collapse depression recession Obama youth vote women shooting shot target antibiotics Monsanto
 

Eritrea - Greening Eritrea (Part 1)

africa.reuters.com Eritrea's mangroves show way to fight hunger Wed 21 May 2008, 6:04 GMT By Andrew Cawthorne HIRGIGO, Eritrea, May 21 (Reuters) - Fisherman Ali Osman grins as he hauls a large, yellow-and-silver emperor fish out of the shallow Red Sea waters off Eritrea. A minute later, his friend pulls out a baby shark, sweating in the heat as he chucks it on the rocks. Other fish flop on the sea's flat surface as four young fishermen wade through the high tide to take back an impressive haul to their village, Hirgigo. "If it wasn't for the mangroves, there wouldn't be so many fish," Ali says, pointing at a thick tree-line marking the border of desert and sea. The forest of newly planted mangrove trees has given fish, crabs and oysters vital shelter to feed and breed in an area where there were previously only arid mud flats. Marine life, and their human hunters, are not the only beneficiaries of an eco-project in this Horn of Africa village that has won global awards as a model for reducing poverty and feeding the hungry. Led by US scientist and humanitarian Gordon Sato, the project has transformed the landscape in an area where there is not enough fresh water to support conventional agriculture. Leaves from the trees -- there are around a million mangroves in a six km (four mile) swathe from Hirgigo -- provide fodder for livestock. That means villagers no longer have to trek into distant highlands to feed their sheep and goats. In a further benefit of the decade-old ...
Категория: Howto & Style
Время: 00:06:56.250
Теги: Eritrea Ethiopia Somalia Somali Sudan Horn of Africa Sea Water farming Conservation Pollution Tigrigna Tigre Massawa ER
 

Demo for Syria Amsterdam

More than 200 people were reported to have been killed yesterday in the Syrian city of Homs as security forces continued their efforts to take back opposition-held areas on the eve of a vote by the UN security council on a much-disputed resolution on the country. Hundreds more were killed in shelling of the city, according to the the British-based Syrian Observatory for Human Rights, which cited witnesses. Rami Abdulrahman, the head of the campaign group, said that women and children were among 217 people killed, many of them in the Khalidya district of the city. "Syrian forces are shelling the district with mortars from several locations, some buildings are on fire. There are also buildings which got destroyed," Abdulrahman told Reuters. The UN Security Council is expected to meet on Saturday morning to vote on a European-Arab draft resolution endorsing an Arab League plan calling for Syria's president, Bashar al-Assad, to give up power, council members announced. Britain's UN mission announced on Twitter that the meeting would take place at 9am, although diplomats told Reuters that it was unclear if Russia, which has opposed significant council action on Syria since an uprising started there 11 months ago, would vote in favour of, abstain from or veto the resolution. Russia, which threatened on Thursday to veto the text, had promised to submit suggestions for revising the draft on Friday. Diplomats said the drafters had received no proposals from the Russian delegation ...
Категория: News & Politics
Время: 00:03:58.500
Теги: Syria Solidarity Demonstration
 

Anti-China protest in Japan

Japanese demonstrators stage a massive anti-China protest as tensions between the two countries mount over disputed islands.
Категория: News & Politics
Время: 00:01:24
Теги: REUTERS JAPAN CHINA PROTEST (O)
 

Huge eruption of DR Congo volcano

Nov. 14 -DR Congo's Nyamuragira volcano sends lava hundreds of metres into the sky, in its largest eruption of the century. Travis Brecher reports.
Категория: News & Politics
Время: 00:01:16.500
Теги: business reuters news politics finance VOLCANO ERUPTION
 

Rick Perry's debate stumble

Nov. 12 - US Republican presidential candidate Rick Perry, already facing an uphill struggle to mount a comeback, made a difficult situation worse on Wednesday night by forgetting one of the three government agencies that he has repeatedly said he would eliminate if elected president.
Категория: News & Politics
Время: 00:00:39.750
Теги: business reuters news politics finance
 

When I Grow Up, I Want to be a Tax Accountant -- Before ONESOURCE (Extended)

View the "Before and After ONESOURCE" version of this video (youtu.be to see how ONESOURCE from Thomson Reuters gives these kids -- and all corporate tax accountants -- something to smile about! ONESOURCE helps corporate tax and accounting professionals better manage their tax data and processes. Video debuted at the 2011 ONESOURCE Global User Conference.
Категория: Education
Время: 00:01:58.500
Теги: Tax Accounting ONESOURCE Thomson Reuters
 
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