Jun 18 2010
Euro to Zero
Introduction Why is this title named as “Euro to Zero“?. It is not just fancy statement to lure the readers to look what I am writing about. The reality show happening in the entire euro zone is teaching us the big lesson. Every country must learn from Greece, about the seriousness of government fiscal deficit [...]
Nov 3 2009
India Bought 200 metric tons of gold from IMF
Buying Gold as Foreign Exchange Yesterday India bought 200 metric tons of gold from IMF. Earlier this year IMF had announced that it is willing to sell 400 metric tons of gold to rais the funds. IMF will use these funds to lend developing countries for the development. India had bought half that gold, it [...]
