Posts Tagged ‘retaliated’

Short-sighted oil dumping policy comes back to bite Saudis

     There is an old saying that still remains true to the present day: “when you plot mischief for others, you’re preparing trouble for yourself.” This saying describes perfectly what has happened to Saudi Arabia and a number of its GCC allies that agreed to support the strategy of predatory pricing on the international oil […]

Everyone Missed It, But China Has ALREADY Retaliated For Last Night’s Big Currency Vote In The Senate

Joe Weisenthal BusinessInsider Wednesday, October 12, 2011 Last night, the Senate passed a bill that would impose tariffs on currency manipulators like China. It’s not expected to pass the House or get signed by The President, but China has already responded to the provocation. As Nomura explains, it fixed the yuan shockingly low against the […]

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