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>> EUROPEAN CENTRAL BANK Latest News

JAN 16, 2013 - Zero Hedge

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World War Is Coming, Currency War That Is - Russia Warns

It will not come as a surprise to anyone who has spent more than a few cursory minutes reading ZeroHedge over the past few years (back in 2009, then 2010, and most recently here, and here) but the rolling 'beggar thy neighbor' currency strategies of world central banks are gathering pace. To wit, Bloomberg reports that energy-bound Russia's central bank chief appears to have broken ranks warning that "the world is on the brink of a fresh 'currency war'." With Japan openly (and actively) verbally intervening to depress the JPY and now Juncker's "dangerously high" comments on the EUR ... Read More

Tags: World War Is Coming, Currency War That Is - Russia Warns,  European Central Bank Latest News