Posts Tagged ‘ Stiglitz Told The Conference ’

Stiglitz sees risk to dollar, need for reserve system

August 22, 2009
Stiglitz sees risk to dollar, need for reserve system

The dollar’s role as a good store of value is “questionable” and the currency has a high degree of risk, said Nobel Prize-winning economist Joseph Stiglitz. “There is a need for a global reserve system,” Stiglitz, a Columbia University economics professor, said at a conference in Bangkok Friday. Support from countries like China should ensure [...]

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Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...