Thursday, July 8th, 2010
Serbia's currency, the Dinar, is loosely pegged to the Euro so when Euro recently dropped Serbia's so-called "businessmen" were in an uproar demanding that the Central Bank artificially raise Dinar's value in order to assure "businessmen's" profits.
From the mouth of the Komtrejd owner whose firm produces nothing but engages in ...
Posted in Economics, Serbia | Comments Off
Tuesday, April 28th, 2009
Serbian central bank Governor Radovan Jelasic told the IMF and World Bank panel that he sees economic gloom for Serbia in 2009 that will extend over into 2010.
"What do I expect at the end of 2009?" asked the Governor rhetorically in his speech to the panel titled Global Crisis in ...
Posted in Economics | Comments Off
Monday, October 6th, 2008
States and countries have became the latest victims of the financial hemorrhaging that is sweeping the globe.
Over the weekend the debt laden California is seeking emergency loans from Washington in order to avoid bankruptcy while Iceland is doing the same kind of begging from their neighbors to rescue them from ...
Posted in Economics | Comments Off
