With the economic turmoil in the U.S. and the Eurozone sparking volatile market trading, investors are increasingly looking for a safe haven for their money. And it looks like Asia could emerge as the main contender. Many analysts believe that, with the loss of America's triple A credit score and fears of a new wave of recession, China could become the world's strongest economy earlier than expected. Previously, the International Monetary Fund said Beijing could force Washington from its financial throne by 2016. China still holds more U.S. Treasury debt that any other foreign country and has voiced loud criticism of America's handling of its borrowing limit crisis. Martin Hennecke - Associate Director of financial advisory firm Tyce Group - believes the financial power shift might have already happened...
Subscribe to:
Post Comments
(
Atom
)
Popular Posts Last Week
-
National Wildlife Federation Naturalist David Mizejewski explores the relationship between sea ice and polar bears. As continued global warm...
-
New York City's current and former mayors highlight the revitalization of lower Manhattan in the days leading up to the 10th anniversary...
-
In New Orleans: Recovering From a Post-Katrina 'Brain Drain' : News : Breaking : Climate Central
-
Some 15 million people are affected by the crisis in the Sahel region, and one million of these are children that could die within months wi...
-
Het samenwerkingsverband Emissieloze Kas stelt in een challenge 45.000 euro beschikbaar voor innovatieve, praktische oplossing(en) voor het ...
-
A shocking look behind the scenes of camel racing in the United Arab Emirates, where Asian children are enslaved as jockeys. Camel racing, o...
-
Fisherman files restraining order against BP - CNN.com
-
Een nieuwe aanpak voor het verwijderen van asbestdaken. Daarmee komt het kabinet, nadat een eerder wettelijk verbod niet doorging. Asbest is...
-
DHL Parcel heeft op het duurzame bedrijventerrein De Wildeman in Zaltbommel het grootste en groenste pakketsorteercentrum voor de Benelux in...
Popular Posts This Month
-
New York City's current and former mayors highlight the revitalization of lower Manhattan in the days leading up to the 10th anniversary...
-
National Wildlife Federation Naturalist David Mizejewski explores the relationship between sea ice and polar bears. As continued global warm...
-
In New Orleans: Recovering From a Post-Katrina 'Brain Drain' : News : Breaking : Climate Central
-
Some 15 million people are affected by the crisis in the Sahel region, and one million of these are children that could die within months wi...
-
Fisherman files restraining order against BP - CNN.com
-
Johann Hari: This Is the Hottest Year Ever, and the Climate Catastrophe Has Begun#sb=1162669,b=facebook#sb=1162669,b=facebook
-
Water Is Life: Women Waterbearers of Life
-
A 403 kW solar array will be installed on the roof of Pituaçu Stadium in Salvador da Bahia, the third largest city in Brazil. Gehrlicher Eco...
-
Never before has a time in history been so significant to so many cultures, religions, scientists and governments. Beyond 2012 looks past th...
Popular Posts All Time
-
National Wildlife Federation Naturalist David Mizejewski explores the relationship between sea ice and polar bears. As continued global warm...
-
New York City's current and former mayors highlight the revitalization of lower Manhattan in the days leading up to the 10th anniversary...
-
Leuk idee om de aandacht op een bedrijf te vestigen. Wire & Twine maakte een op zich mooi overzicht van 50 manieren waarmee ze u willen ...
-
In New Orleans: Recovering From a Post-Katrina 'Brain Drain' : News : Breaking : Climate Central
-
NS en Greenwheels lanceren samen de eerste twee Volkswagen e-Golfs. De elektrische deelauto’s zijn vanaf donderdag 13 september te vinden bi...
-
Hundreds of young people converged on the United Nations in New York today as the General Assembly kicked off a high-level meeting devoted t...
-
At IBM's THINK Forum in NYC, Joshua Cooper Ramo, Managing Director, Kissinger Associates comments on not letting the risks of a networke...
-
Persons with disabilities must enjoy full human rights and fundamental freedoms and enabling them to do so benefits society as a whole, Depu...
-
Bridget van Kralingen, General Manager, IBM North America discusses Making the World Work Better at the IBM THINK Forum
-
Never before has a time in history been so significant to so many cultures, religions, scientists and governments. Beyond 2012 looks past th...
No comments :
Post a Comment