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The protest has been organised by trade unions Thousands of people have gathered in the Indian capital, Delhi, to take part in a rally to protest against rising food prices and unemployment. A steady stream of protesters, carrying red flags, has been marching through the streets of central Delhi since early morning. The rally has led to massive traffic jams in the city. Trade unions who have called the rally [...] by LFM Global currency wars pose “a real threat” to economic recovery, the head of the International Monetary Fund, Dominique Strauss-Kahn, has warned. In an interview with the BBC, he said currency disputes showed countries were not co-operating as well as they had during the financial crisis. In recent weeks both the US and Europe have led criticism of China over its undervalued yuan. Meanwhile, Japan has been forced to intervene to curb rises [...] |
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