11
October
Finance leaders fail to resolve currency dispute
11 October 2010 Yahoo News
Global finance leaders failed Saturday to resolve deep differences that threaten the outbreak of a full-blown currency war.
Various nations are seeking to devalue their currencies as a way to boost exports and jobs during hard economic times. The concern is that such efforts could trigger a repeat of the trade wars that contributed to the Great Depression of the 1930s as country after country raises projectionist barriers to imported goods.
http://news.yahoo.com/s/ap/20101009/ap_on_bi_ge/us_global_finance
