This article talks about the "rare" trade deficit that China may experience next year. This is due to weak demand in Europe and America for Chinese imports. It is ironic in the sense that we perceive China as an exporting 'power-house' and now it is experiencing a trade deficit. This would limit the growth for the Chinese economy.
The article discusses the possibility of Iceland adopting the Canadian Dollar. While the author does not find it likely, the article does discuss the reasons it would be beneficial.
This article is about UAE. The UAE pulled out of the common monetary union yesterday without giving official reason. The article gives some ideas of people and gives some clues about the future.
This article is based on a Nobel Prize winning economist Robert Mundell talking about how a single world currency is not likely to happen or be adopted by the world. He stated that in order for this to potentially happen, the US dollar and the Euro would have to merge and create a "eurodollar", as they are the "two most important currencies" in the world.
This article suggests some speculation of New Zealand Dollars appreciating and having a higher value compared to the Australian Dollar, which would ultimately cause a change in exchange rate.