Burma, which has been under a strict dictatorship for the past generation, is experiencing its largest protests in at least 10 years. The protests, which were fuelled when the government raised energy prices, are aimed at removing the current government and re-instating Aung San Suu Kyi. (more…)
The Canadian Dollar/US Dollar ratio hit 1:1 today for the first time in decades. After years of languishing behind the greenback, the loonie has now proven to be among the strongest currencies on the planet. (more…)
Yesterday’s rate cut by the Federal Reserve Bank sent markets worldwide soaring. The Dow shot up over 300 points, while markets in Asia, Europe, and Latin America all rose in hopes that the lowering in rates will put an end to the credit crisis. (more…)
The NY Times has a great article on the huge amount of currency speculation going on in Japan currently. A subculture of housewives turned currency speculators has turned a predominantly male preoccupation (more…)
Shinzo Abe’s resignation as the Japanese PM yesterday ended a tumultous year in politics for Abe and the Liberal Democratic Party. After taking over from the highly controversial, but very successful Mr. Koizuimi (more…)