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World Bank Head: Dollar will lose its place to the euro and renminbi

Funny that we talked about this just yesterday in regard to a relatively obscure article, and now it is the 2nd leading story on the front page of the NY Times. Get a load of this: The president of the World Bank said Monday that America’s days as ... ...full story at Peking Duck

from Peking Duck on Tue, Sep 29 2009

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05 Feb 08 visit World Bank names Chinese economist as vice president  »  People's Daily World Bank President Robert B. Zoellick Monday announced the appointment of Justin Yifu Lin, a Chinese national, as the new chief economist and senior vice president for development economics at the World Bank. Lin, currently profes ...
14 Jan 08 visit World Bank funds SW China highway project  »  People's Daily The World Bank has approved an 100million U.S. dollar loan to finance a transport project in southwest China's Guizhou Province, bank sources said on Monday. The project is a seven kilometer divided urban arterial road of four to si ...
15 Apr 09 visit World Bank: cautiously optimistic about G20 follow-up  »  People's Daily The world Bank is fairly happy with the results of the G20 London Summit on April 2 but warns that implementation of the commitments will be a big challenge. Mr. David Dollar, World Bank's Country Director for China and Mongolia in the East Asia and...
18 Jan 08 visit Chinese economist may become World Bank senior vice president  »  People's Daily Leading Chinese economist Lin Yifu may become the senior vice president and chief economist of the World Bank, Lin's assistant confirmed to Xinhua on Friday. "Lin is on a list of several candidates and the result (of whether he will ...
25 Mar 09 visit Fan Gang on the China-Dollar Conundrum  »  China Journal On Tuesday, U.S. President Barack Obama dismissed suggestions raised by China’s central bank governor that the world needs a new international currency that can take the place of the dollar in international reserves. Fan Gang, a prominent economist a...

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