By Edmund Conway
Last Updated: 1:18am GMT 11/01/2008
The world is facing the most potent cocktail of economic and political risks for a decade in the wake of the credit crisis, an authoritative report has warned. Track all the news from Davos as it happens later this month A potential recession in the US and the knock-on effects of a collapse in asset prices, such as housing and shares, could throw the world economy into chaos, says a study from the World Economic Forum. Full Article http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/money/2008/01/10/cnforum110.xml
China increases gold purchases from Russia –the BRICS+ alliance avoiding
use of USA dollars where it can
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China Gold Panda Coin (Photo via Wikipedia) COGwriter The BRICS nations
continue to work on ways to bypass the US dollar. RT reported the
following: Chin...
7 hours ago
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