Posts Tagged ‘G20’
Alternate Reserve Currency ?
Tuesday, March 31, 2009 10:13 No CommentsAthenian owls, Roman denarii, British sovereigns, US dollars. There have been many pseudo reserve currencies down the ages. Now the governor of the People’s Bank of China has called for a new global currency “disconnected from individual nations”. Russia, too, wants to move away from a world dominated by the dollar. Kazakh president Nursultan Nazarbayev [...]
GLOBAL EVENTS AND RBI ACTION TO DETERMINE MARKET SENTIMENTS
Monday, March 23, 2009 10:54 No CommentsWhat is the future for credit ratings agencies and how should they be treated under the new system of financial market regulation evolving internationally? These questions have been hotly debated in recent months and a consensus is now emerging. The European Union is close to finalizing legislation to register and regulate ratings firms for the [...]
Rating Agencies
Monday, March 16, 2009 10:21 1 CommentWhat is the future for credit ratings agencies and how should they be treated under the new system of financial market regulation evolving internationally? These questions have been hotly debated in recent months and a consensus is now emerging. The European Union is close to finalizing legislation to register and regulate ratings firms for the [...]