“Currencies of nations linked to commodity exports tumbled as crude oil reached almost its lowest level since February 2009, one day after the Federal Reserve’s decision to boost interest rates. The Canadian dollar has tumbled 17 percent this year amid a rout in oil, Canada’s second-largest export, reaching an 11-year low. The dollars of Australia and New Zealand tumbled more than one percent Thursday as a measure of raw materials prices fell to a 1999 low. Exporting nations have been hurt as commodity prices have fallen 27 percent this year, the most since 2008, as a glut in supply meets slowing demand for raw materials amid patchy global economic growth.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Sonic 'lasso' catches cells and moves them around
Saudi Prince says Bitcoin is ‘just going to implode one day’
Dozens of British universities join the online education revolution
Iraq issues arrest warrant for ex central bank chief, other officials
Jury rules cops were justified in SWAT raid over family's loose-leaf tea
Alan Greenspan: Bitcoin Is a Bubble Without Intrinsic Currency Value
China bitcoin arbitrage ends as traders work around capital controls
Merkel faces outright rebellion within her own party over refugee crisis
Supreme Court increases immunity for police who kill fleeing suspects
Father of foster child who died after being seized by state over marijuana speaks out
A.T.F. Spent Millions Unchecked From Cigarette Smuggling Slush Fund
Bitcoin fund raises $65 million after first two months, founder says
'Top French politicians had Swiss accounts'
Undocumented and disillusioned, I left America. This loss is mutual.
Hagel and Kerry make case to Congress for attacking Syria