Who Wants to be a Millionaire?!

Want to Become a Millionaire? It is Possible... Since the global economic recession, a majority of people are giving savings and investments a higher priority. When it comes to monetary savings, the million-dollar milestone is still a dream for most people. According to a recent CNBC survey, 31% or about one-third of Americans...

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Greece WILL Default..but In an Orderly Fashion..Says Fitch

Fitch ratings agency have come out and said that Greece, most certainly, will default on it's debt but in an 'orderly manner', though, a disorderly default is not ruled out. Edward Parker, Managing Director for Fitch's Sovereign and Supranational Group in Europe, the Middle East and Africa told Reuters, "That, would...

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China Trade Growth Slows to 2-Year Lows in December

Many are looking upon China to 'drag' the world economy out of the doldrums, however, data released on Thursday shows that China's exports and imports grew at their slowest pace in more than two years in December as foreign and domestic demand slowed. Some argue that this, ultimately, is of benefit...

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Euro Continues Decline – Should We Be Surprised?

The Euro continues to fall against the USD, however, should we be surprised? Not withstanding the issues surrounding the current Euro debt issues - currencies will often revert back to what is known as the PPP or 'Price Power Parity'. In simple terms this is the buying power that one currency will have against...

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