China warns Soros against ‘declaring war’ on its currency

China warns Soros against ‘declaring war’ on its currency

Special to WorldTribune.com China has warned “financial predator” George Soros not to bet against its currency. “Soros’ challenge against the renminbi and Hong Kong dollar is unlikely to succeed, there is no doubt about that,” said a government official in an opinion piece. The article, headlined “Declaring war on China’s currency? Ha ha”, described Soros […]

N. Korean won loses: U.S. dollars, yuan increasingly dominate

N. Korean won loses: U.S. dollars, yuan increasingly dominate

Special to WorldTribune.com By Lee Jong-Heon, East-Asia-Intel.com SEOUL — The circulation of U.S. dollars and Chinese yuan has significantly expanded in North Korea since Kim Jong-Un came to power in December 2011, according to news reports and sources here. The failure of earlier reform measures and widespread jitters over the untested young leader apparently spurred the trend. […]

Eight strategic factors bearing on 2012, the year of ‘Great Power Impotence’

Eight strategic factors bearing on 2012, the year of ‘Great Power Impotence’

Special to WorldTribune.com By Gregory Copley and Yossef Bodansky, Global Information System Rarely in the past six decades has global context counted for as much in strategic forecasting trend analysis as it does at the dawn of 2012. Reliance on stove-piped analysis of strategic sectors such as economic and financial issues, security issues, politics, geopolitics, […]