INQUIRER.net: Q&A: Currency the latest threat to global economy

INQUIRER.net Philippine News for Filipinos

Q&A: Currency the latest threat to global economy Feb 16th 2013, 01:00 LONDON— The world economy faces a new threat. Instead of a banking collapse or too much debt, fears are growing that countries are using their currencies as an economic weapon.   History suggests that's never a good thing.   If too many countries try to weaken their currencies for economic gain — sparking a "currency war" — that could stifle business confidence and investment, sow turmoil in financial markets and derail a fragile global economy.   As financial representatives from the world's leading 20 industrial and developing nations gather for a meeting in Moscow this weekend, those concerns are being openly discussed.   "All the ... Keep on reading: Q&A: Currency the latest threat to global economy Media files: tokyo-stock-.jpg (image/jpeg)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions