Posts tagged ‘devalue’

Weekly Trends

Global:-

1.The USA and G20,make a  monkey of the layman.Geithner and Bernanke sing different tunes.US may not devalue the Dollar after all.

2.US and Western economies is in deep trouble.

3.China goes on a buying  spree, and even buys US Oil assets in Texas.

4.Near zero interest rates in the West and Japan is causing problems in emerging markets,by way of huge inflow,sometimes uncontrollable.

5.Strikes France and still Sarkozy goes ahead with the so-called,reform of increasing the retirement age.

6. 5 lakh jobs to be cut in UK.Unions threaten strikes similar to France.

7.Wikileaks comes out with more clips and messages.Julian Assange on the run and is being stalked.

8.US continues to arm Pakistan to the consternation of India,with another $2 Billion “aid”.

9.Bayer caught selling aids-infected drugs for decades.

10.In Haiti 195 die of Cholera.

Indian:-

1.Kashmir,Telengana and Manipur problems continue.

2.BJP trounces Congress party once again in Panchayat and remaining Municipal elections in Gujarat.

3.Elections in the State of Bihar are on.

4.India’s share on IMF increased and may be accommodated in the Board.

5.Maoists continue to, kill and the UPA looks on.

6.Action may taken against Geelani,Arundhati Roy and others in their anti-National gathering and speeches,in New Delhi.BJP criticices th UPA for allowing the meeting to take place at all.

7.Food prices continue to be high,but the UPA sells about 1 lakh tonnes of food grains to Bangla Desh.

8.There are no triggers and hence the markets may be flat even though the Nifty futures are at a premium.

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The Dollar may be devalued by 50%

The Dollar may be devalued by 50%.

Read here