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Central banks start to abandon the U.S. dollar
There are those who would argue that the financial crisis was caused by over-enthusiastic worship of the Almighty Dollar. Call it brutal financial kar...
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Central banks squash goldbugs
We've all seen those commercials where shouting announcers urge consumers to trade in their old gold for cash. Who knew that central banks would be th...
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China's 'death grip' on the dollar
Will China's addiction to dollars lead the global economy into a bruising showdown with inflation?The head of Canada's central bank fears it may. Mark...
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Dumping the dollar: Why it's time to diversify
Imagine a world without the almighty greenback as the main reserve currency.It's not an easy thought. The U.S. dollar has long been the global currenc...
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Russian 'spies,' goldbugs and the struggling dollar
When federal officials arrested 11 alleged Russian spies yesterday, it seemed natural that the accused agents would be interested in the CIA leadershi...
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Dimon defends dollar -- and JPMorgan
The chief executive officer of JPMorgan Chase said the U.S. needs a strong dollar and that job creation is key to a rebound; also says his bank is not...
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What the U.S. can learn from Canada at the G20
Toronto's downtown core has already been locked down at a cost of nearly $1 billion for this weekend's G8 and G20 summits, tightly scripted events tha...
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Fixing the dollar: Why an international accord won't work
The days of international cooperation among central bankers to rebalance the currency market are over.In 1985, finance ministers of what were then the...
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Treasury finally getting tough on banks
A $340 million warrant repurchase from credit card giant AmEx shows the Treasury, under pressure from Congress, is holding big banks' feet to the fire...
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European banks walk tightrope with no net
Corporate retreats sometimes feature a trust-building exercise in which participants fall backwards into the arms of their colleagues. European banks ...
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