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Miesiąc: styczeń 2010

China’s ahead in the green-tech race

China’s ahead in the green-tech race

Quick: which nation builds the most wind turbines? If you guessed America, with its blustery Great Plains dotted with whirring GE blades, you’d be wrong. In 2009, China became the planet’s largest producer.

Meet the Duke of Davos

Meet the Duke of Davos

I was born in 1938 in Germany, but I was very fortunate. My father was the managing director of a Swiss machinery company, and during the war I spent time in Switzerland.

Roubini warns of asset bubbles

Roubini warns of asset bubbles

Economist Nouriel Roubini said Wednesday that asset bubbles are beginning to form in markets around the world, and he called for more regulation of the global financial system.

Dollar strengthens after Fed statement

Dollar strengthens after Fed statement

The dollar extended its gains against the euro and rose against the yen Wednesday, after the Federal Reserve announced plans to hold interest rates steady as it said economic conditions continued to pick up.

Oil slides below $74

Oil slides below $74

Oil prices edged lower Wednesday as the dollar strengthened and stock prices declined ahead of the Federal Reserve’s latest policy announcement.

Dollar up vs. euro and pound

Dollar up vs. euro and pound

The dollar rose against other major currencies Tuesday, except the yen, amid concerns about Chinese bank lending, Japan’s credit rating and tepid economic growth in the United Kingdom.

Clueless about oil prices

Clueless about oil prices

Two very different views on where oil prices are going by the year’s end are emerging – one says $60 or lower, the other $100 or higher, and there’s little consensus as to which is right.

Oil slips in choppy trade

Oil slips in choppy trade

Oil prices eased slightly Monday, giving back earlier gains, amid ongoing concerns that more strict U.S. banking regulations and tighter monetary policy in China could hinder the economic recovery.

Dollar slumps against rivals

Dollar slumps against rivals

The dollar weakened against rival currencies Monday as investors await a report on the U.S. housing market and brace for a meeting of the Federal Reserve later this week.