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Gold or Coal and the Biggest Bet of a U.S. Icon

India prefers gold; Warren Buffett chooses coal. The two commodities — one in glittering ascendancy, the other plumbing the depths — are almost metaphors for diverging views on America, the dollar and global econo…
Russia's International Reserves $429.3 bln Fiji Reserves $0

MOSCOW - Russia's international reserves comprising gold, foreign exchange and a range of other assets grew by $5.9 billion to $429.3 billion in the week of October 16 - October 23, the Central Bank said on Thursday. Ap…
OECD Quality of Life or GDP its all the same in Bainimarama's Fiji

The following information was released by the Organisation for Economic Co-operation and Development (OECD): OECD Secretary-General Angel Gurría has warned that unless a new generation of statistics is developed to measu…
Political Economic Investment Risk in the Fiji Islands

The Political Risk in the Republic of Fiji under the mismanagement of the military government is real. As we have witnessed over the past few years since the 2006 coup, changes in government policy, has had an adverse…
Foreign Direct Investment to Fiji | World Bank
THE IMF RUNAWAY INFLATION AND FIJI DEFAULT ON SOVEREIGN DEBT

If act I of the recent economic turmoil was the banking crisis and Act II the recession, then the final act will be the crisis from exploding government deficits. By 2014, says the IMF, total public debt in the advanc…
Moodys Fiji Credit Rating Withdrawn Fiji Officially Bankrupt

When will the Reserve Bank of Fiji Advice the IGNORANT POPULATION OF FIJI that the Government of FIJI is officially Bankrupt? Sada Reddy you better stop drinking grog on the roof top and go back to your farm. CF/PF I…
Economic Doom in the South Pacific - ADB

Economic growth in the Pacific will slow sharply in 2009, with five economies in the region expected to contract as the global economic slump continues to erode incomes from tourism and remittances, says a major new repo…
Enter the new International Super-Currency

Legions of pundits have argued that the dollar's status as an international currency has been damaged by the great credit crisis of 2007-9--and not a few have argued that the injury may prove fatal. The crisis certainly…
India Purchase $10bn IMF Bond - RBF Hold their Breath in Hope

WASHINGTON: The International Monetary Fund on Saturday welcomed India’s commitment to buy $10 billion worth of IMF bonds.“I welcome the announcement by India of its intention to support the Fund’s lending capacity thr…