Yuan Being Pushed

Keeping in line with the Chinese government pushing the yuan internationally recently, Argentina will be allowed to make orders from China in RMB and not the USD so commonly used. Countries short on dollars might find this particularly advantageous. The US government continues to hand out money at a staggering pace so we will see how this plays out.

India's Investment Appeal

Fund managers say India is nearly as good to invest in as China, as seen in the WSJ article. One must keep up on all the options out there that are available. It's important to not ignore a huge potential growth story like India while it is still getting started.

Weakening Rupee

Bloomberg has an informative article related to the strength of the rupee. With so much attention given to the currency of China, keeping informed on how other nations are doing can fall a bit to the wayside. Keep up to date!

Brazil does bailouts too!

Not quite a bailout actually, it's a sovereign wealth fund signed into law. But another nation's government is taking a very active role in trying to protecting itself from the global economic turmoil. Let's hope Lula invests wisely...

China's Aircraft Carrier Plans

China has zero and the US has eleven, but China looking to build an aircraft carrier wouldn't exactly ease tensions over Taiwan. Hope you can find some holiday cheer somewhere else this week. Merry Christmas!

Plus Minus

Brazil did alright this year but growth could slow to half speed next year, the AP reports. Everyone is feeling the crunch and this country is no different.

Cut Happy

China cut interest rates again, in wake of the record Fed cut. Hopefully this isn't another case of too little, too late. The Hang Seng was off more than 3 percent today.