Asia Should Consider Capital Controls, UN Agency Says - By Shamim Adam and Dan Ten Kate (7/5/10) PDF Print E-mail
Shamim Adam and Dan Ten Kate   
Friday, 07 May 2010 08:45

Bloomberg

Asian nations should increasingly consider capital controls in their “policy toolkit” to manage inflows that are fueling inflation and creating asset bubbles, a United Nations agency said today.     “The main short-term threat to growth in Asia and the Pacific is the return of inflationary pressures as recovery gathers steam,” fuelled in part by an influx of money from outside the region, the Bangkok-based agency said in a report today. A stronger yuan “could be critically important” for boosting Chinese demand as traditional export markets in developed nations are slow to recover, the agency also said.

Taxes or deposit requirements may make it more expensive for global investors to buy Asian stocks, bonds and currencies, even as they help authorities damp surging asset prices. Brazil imposed a levy last year, Taiwan central bank Governor Perng Fai-nan said this week emerging markets should consider limits and Indonesia has studied the issue.



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MUST-WATCH VIDEO: Gerald Celente On Greece: People Will Rise Against Bank Bailouts Globally - Russia Today (7/5/10) PDF Print E-mail
Posted by Administrator   
Thursday, 06 May 2010 23:40



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Disclosure In The Precious Metals Puzzle Palace - By Catherine Austin Fitts and Carolyn Betts (6/5/10) PDF Print E-mail
Catherine Austin Fitts and Carolyn Betts   
Thursday, 06 May 2010 10:25

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Ahmadinejad Speech At UN Nuclear Conference (6/5/10) PDF Print E-mail
Administrator   
Thursday, 06 May 2010 10:23

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How Wars Are Born: China Versus The U.S. Beijing Challenges American Expansionism - By Shamus Cooke (6/5/10) PDF Print E-mail
Shamus Cooke   
Thursday, 06 May 2010 10:15

Global Research

URL of this article: www.globalresearch.ca/index.php?context=va&aid=18921

Those of us making the “radical” claim that wars are the result of economic/corporate interests pushed abroad, were recently given a nod of approval from a typically unfriendly source, The New York Times.  

The corporate controlled New York Times published a revealing article about how U.S. foreign policy really works, and why.  The motive behind the sincerity is that China’s foreign policy was being attacked. However, the article soon made it clear that China’s policy is the same as the U.S.’s:  dominating regions that are of “economic (corporate) interest” — raw materials, cheap labor, shipping lanes, markets, etc. — through military buildup. 



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