Archive - Nov 15, 2015
IMF Greenlights Addition Of Chinese Yuan To SDR Basket: Wall Street Responds
Submitted by Tyler Durden on 11/15/2015 08:53 -0500While the world was following the tragic events unfolding on Friday night in France where hundreds of innocent civilians were killed or injured, an important economic development took place at the IMF, whose staff and head Christine Lagarde, officially greenlighted the acceptance of China's currency - the Renminbi, or Yuan - into the IMF's foreign exchange basket, also known as the Special Drawing Rights. Here are the initial early responses by various Wall Street analysts.
When Dr. Copper Catches A Cold...
Submitted by Secular Investor on 11/15/2015 07:32 -0500The global economy is in dire straits and China can push it into a fierce recession!
Paris Terrorists' Escape Vehicle Found; Gunman Identified; Obama Promises Crack Down - The Latest Update
Submitted by Tyler Durden on 11/15/2015 07:26 -0500
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