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Wednesday, June 23, 2010

Markets Rally on China's Announcement That Yuan Will Float More Freely.

June 22, 2010 — Market analysts say The New York Stock Exchange and other world markets are extending a rally Monday which began after China announced it would allow its currency to appreciate against the U.S. dollar. Critics say the Chinese have kept it unofficially low to boost their exports. A stronger yuan will make imports, including American goods, more affordable for Chinese buyers. VOA's Laurel Bowman has that story. VIDEO INSIDE:

Tuesday, June 22, 2010

Keiser Report: Gold grows on Armageddon, Australian property rush!

June 22, 2010 — In Episode №53 Max Keiser and co-host, Stacy Herbert, look at the latest scandals of financial news presenters speaking in tongues, EU commissioners threatening the return of dictatorships and European fund managers piling into Australian property. In the second half of the show, Max talks to the Financial Time's John Authers about his new book, The Fearful Rise of Markets. Video Inside