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News around the web: China to push global currency

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On July 7, 2009, 12:19 PM

Russia, China to push global currency at G8 summit @ Reuters
Canada gives Ubisoft $263M to setup studio in Toronto @ Google News
Jackson memorial sale crackdown @ BBC News
Could Bandwidth Caps Come to Cell Phones because of Porn? @ PC World
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5 comments

User Comments: 5

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  1. July 7, 2009 3:33 PM
    Tekkaraiden
    Tekkaraiden said:

    Well at least my taxes are going to something fun for a change.

    Reply
  2. July 7, 2009 6:47 PM
    tengeta
    tengeta said:

    World currency...

    LOL

    Reply
  3. July 8, 2009 1:20 PM
    Wendig0
    Wendig0, TechSpot Paladin, said:

    tengeta said:

    World currency...

    LOL

    Don't laugh. The dollar is already a global reserve currency. It can be traded everywhere, and even spent in most countries. The sad thing, is that the dollar is so weak right now, China and Russia may have a more receptive audience at the G8. Especially since faith in Obama's economic plan is so low.

    Reply
  4. July 8, 2009 2:07 PM
    Relic
    Relic, TechSpot Chancellor, said:

    It's just a matter of time for a world currency...but I doubt it'll be here in our lifetime, maybe at the end or turn of the century /shurg.

    Reply
  5. July 15, 2009 9:44 AM
    Guest said:

    Interesting how China must unpeg and not depend on the US dollar so much in order to raise its own currency in global importance. Interesting article about this: http://www.mindreign.com/en/mindshare/Global-Economics/Yuan-
    urrency-3f/sl35291137bp313cpp10pn1.html

    Reply

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