As Japan’s Debt crosses new Barriers , No hope for Economic Revival


 

Japan's Rising DebtJNN 12 Aug 2013 Tokyo : Japan’s national debt exceeded 1,000 trillion yen, or $10.46 trillion, for the first time. It’s now well above 200% of the country’s GDP and is larger than that of Germany, France and the UK combined. Continue reading

China’s Yuan ready to over ride the US Dollar Hegemony


JNN 21 Nov 2012 Beijing : China’s official currency yuan is set to rise to the status of an international currency as more nations abandon the US dollar to peg their currency to the Chinese yuan, a new report says. Continue reading