Wednesday, January 5, 2011



World Bank chief calls for gold to anchor forex

World Bank president Robert Zoellick has called on bickering G20 nations to bring gold back into the global monetary system as an anchor to guide currency movements.

Read more on AFP via Yahoo! News







World Bank chief moots return to gold standard

World Bank chief Robert Zoellick on Monday urged the world's leading economies to consider returning to a modified gold standard as fears of an upcoming currency war mount.

Read more on AFP via Yahoo! News







World stock markets mixed despite jump in US jobs

World stock markets were mixed Monday as investors took a pause after last week's big gains with losses tempered by a surprise jump in U.S. employment.

Read more on AP via Yahoo! News







World Bank chief surprises with gold standard idea

* World Bank chief urges G20 currency cooperation

Read more on Reuters via Yahoo! Asia News



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