June 19, 2012
Scottish independence: Campaigners gear up for defence of Union … The No campaign is launching a few weeks after the Yes campaign. The campaign against independence will be labelled “a stronger Scotland, a United Kingdom” in a staunch defence of the union between England, Scotland, Northern Ireland and Wales, sources have revealed. The cross-party bid to save the union – headlined “Better Together” – will be launched [...]
It finally happened.
Venezuela brings home gold reserves
Cheering crowds line streets as first batch of bullion, previously held in UK, is deposited in central bank in Caracas. 26 Nov 2011 08:28
A shipment of gold has been deposited in Venezuela’s central bank in Caracas after President Hugo Chavez ordered the repatriation of most of the country’s bullion reserves from overseas banks.
Cheering crowds lined the streets on Friday as the shipment was escorted by [...]
1) Spain sells bonds at higher rates after Moody’s warning
“Spain raised 2.4 billion euros (3.2 billion dollars) in a bond sale Thursday but it had to pay higher rates on the debt a day after Moody’s threatened to downgrade the country’s credit rating.
The treasury sold 1.782 billion euros of 10-year bonds at an average yield — the rate of return paid to the holder — of [...]
â€œDo not work to pressurise us on the renminbi rate,â€ Mr Wen said, departing from prepared remarks. He said Chinese export companies had very small profit margins, which could be wiped out by actions such as the currency import tariffs the US Congress is threatening to impose.
â€œMany of our exporting companies would have to close down, migrant workers would have to return to their villages,â€ Mr [...]