Like all proposals that come from the Obama administration, details of the President’s multi-trillion dollar public health care plan are murky and shrouded in controversy. However, the essentials are simple: […]

Secretary of the US Treasury, Timothy Geithner, has informed Congress that the Obama administration is preparing to submit proposals for reform of the US financial market. This is an attempt to enact measures that will avoid repetition of the Crash of 2008, by reducing “systemic risk”. Although billed as one of the most significant reforms […]

Recently, representatives of China and Brazil have suggested that either the Renimbi, the Brazilian Real, or some new currency backed by the IMF be used to substitute the dollar. […]