WatchMojo looks at some of the greatest explorers of all-time. continue reading...
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According to Google News:
Iran’s central bank chief said on Monday that the country has gained five billion dollars by replacing the US dollar with the euro in its currency basket, state-owned English language Press TV reported.
“Iran has considerably reduced the total of US dollars in its currency basket,” Mahmoud Bahmani said at a bankers’ seminar in Tehran. continue reading...
This is scary: continue reading...
Everyone will agree that the financial crisis that we have found ourselves in is definitely bad news, however there is one area where consumers find themselves profiting- at the grocery checkout counter.
According to Anthony Mirhaydari from Top Stocks,”Since January, wheat flour is down roughly 32% while corn and soybean oil prices are down 11% and 17%, respectively. Reasons include a rethinking of the biofuel initiative, emerging market turmoil and falling crude oil prices pressuring ethanol refiners.”
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“The downward spiral of the dollar is hardly new, even if its plight was accelerated by the start of the housing credit crunch over the summer. It has lost 44 per cent of its value against the euro since 2002. The Canadian dollar reached parity with its American cousin in September and has since shot above it. But awareness on Main Street America may be lagging behind.”
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