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The Five Financial Shockwaves to Expect When China’s Yuan Swaps Places with the U.S. DollarMost Americans will view China’s effort to dethrone the U.S. dollar as the world’s main reserve currency as one of the biggest economic threats that this country will have to face. But the reality is that this tectonic shift in global finance – and the economic shockwaves that will result – ... |
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Media Spin Abounds Over Last Friday's Employment ReportOn Friday, Uncle Sam's Bureau of Labor Statistics reported that the nation's unemployment rate rose to a seasonally adjusted 9.7% in August, and that the economy lost another 216,000 seasonally adjusted jobs. In various ways, the press tried to put a happy face on the news and otherwise tried to... |
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Pope Condemns Holocaust at WWII Anniversary MassThe Pope at a mass in Italy marked the 70th anniversary of the outbreak of World War II, just days after Poland held its own ceremonies. ... |
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Pope Recalls ‘Tragedy of the Holocaust’The Pope at a mass in Italy marked the 70th anniversary of the outbreak of World War II, just days after Poland held its own ceremonies. ... |
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