Even if $5 per gallon is not in our immediate future, it would appear that the mainstream media is working to get the American populace to mentally prepare for such a reality.

Various news agencies are reporting that some analysts are saying that we could see $5 per gallon gasoline prices in 2012. Such sentiments are quite ominous for the US

Even if $5 per gallon is not in our immediate future, it would appear that the mainstream media is working to get the American populace to mentally prepare for such a reality.

Various news agencies are reporting that some analysts are saying that we could see $5 per gallon gasoline prices in 2012. Such sentiments are quite ominous for the US

The US dollar advanced this week, reaching a 17-month high against the euro, as concerns about the debt crisis in Europe persisted, while the economy of the United States continued to recover.

The US currency was actually falling at the beginning of this week as risk appetite damped demand for safety of the dollar. Growth of manufacturing

(eToro Blog) We like to think that we are unpredictable, unforeseen, and masters of our own destinies. In fact, nothing could be farther from the truth. In the “Reality Mining” research (conducted in 2005 by Dr. Nathan Eagle under the supervision of Prof. Alex “Sandy” Pentland, in the Human Dynamics group of the MIT Media Lab), a large scale quant

The Chilean peso rallied after inflation jumped more than was forecast by economists, reducing probability of an interest rate cut by the nation’s central bank.

Chile’s consumer prices jumped 0.6 percent in December. That’s three times above the average forecast. Pablo Castro, an economist at Banco Santander Chile, said:

There is an almost zero

The Czech koruna declined today to the lowest level since July 2010 after minutes of a central bank’s policy meeting showed that policy makers anticipated slower economic growth in the country.

Minutes of the Czech National Bank spoke about economic slowdown:

It was said several times that the Czech economy was slowing and that no domestic d

(eToro Blog) Wall Street pushed aside today’s NFP employment report and refused to ignore the lack of progress out of Europe. The NFP employment report showed that 200,000 positions were created in December and the unemployment report declined to 8.5%. The unemployment level is the lowest seen in the last three years. While the increase in p