news.yahoo.com - 3/25/2009
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BEIJING China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis. The surprise proposal by Beijing's central bank governor reflects unease about its vast ...
politico.com - 3/25/2009
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politico.com —
Geithner, at the Council on Foreign Relations, said
the U.S. is "open" to a headline-grabbing proposal by...
the governor of the China's central bank, which was widely reported as being a call for a new global currency to replace the dollar, ...
(more)
Geithner 'open' to China proposal
ft.com - 3/23/2009
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ft.com —
China’s central bank on Monday proposed replacing the
US dollar as the international reserve currency with a...
new global system controlled by the International Monetary Fund. In an essay posted on the People’s Bank of China ’s website, Zhou Xiaochuan, ...
(more)
FT.com / Asia-Pacific - China calls for new reserve currency
online.wsj.com - 3/26/2009
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online.wsj.com —
As if the dollar didn't have enough problems,
Timothy Geithner took China's bait yesterday and said he...
was "quite open" to its suggestion this week to displace the greenback with an "international reserve currency." The dollar promptly fell and stocks ...
(more)
China and the Dollar
Comments
Blog Reactions
Geithner 'open' to China proposal
Ben Smith's Blog —
... Geithner, at the Council on Foreign Relations, said the U.S. is "open" to a headline-grabbing proposal by the governor of the China's central bank, which was widely reported as being a call for a new global currency to replace the dollar, but which Geithner described as more modest and "evolutionary." ...
Tim Geithner...Dumber Than A Box Of Rocks (With All Due Apologies To Boxes And Rocks)
Ace of Spades HQ —
Tim Geithner...Dumber Than A Box Of Rocks (With All Due Apologies To Boxes And Rocks) Timmah "The Only Man Who Can Save Us" nearly tanked the dollar because he's, how do I put this? Oh yeah, a fucking moron. Yesterday China floated the idea of a new currency to replace the dollar . Today ...
Geithner Goes Global?
Real Clear Politics - TIME.com —
... picks up on a Geithner gaffe: Geithner, at the Council on Foreign Relations, said the U.S. is "open" to a headline-grabbing proposal by the governor of the China's central bank, which was widely reported as being a call for a new global currency to replace the dollar, but which Geithner described as more modest and "evolutionary." Smith notes that the moderator sensed a gaffe and presented Geithner with an opportunity for a redo on the issue, which he appears to have taken. (UPDATE: Smith also notes Geithner's comment cause the ...
Dollar moves from death watch to hospice as Geithner declares he’s “open” to China proposal to replace US currency as world reserve
Flopping Aces —
... In a not so surprising move, China joined the choir, advocating the dollar demotion, but with a twist. Bejing’s central bank governor, Zhou Xiaochuan, proposed creating a currency made up a basket of global currencies and controlled by the International Monetary Fund … saying it would help “to achieve the objective of safeguarding global economic and financial stability.” ...
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Live Video Interview With Gordon Brown —
WSJ.com: Washington Wire 3/25/2009
The Wall Street Journal this morning will present a live interview with U.K. Prime Minister Gordon Brown, conducted by Robert Thomson, managing editor of The Journal. Video coverage will begin at 8:20 a.m. EDT on the WSJ.com home page. The full ...
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