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NATO's Nuclear Policy in 2010
U.S.-Iran Relations: Policy Compendium
Article 5 and Strategic Reassurance
NATO Reform and Decision-Making
The U.S., NATO and the EU: Partnership in the Balance
Council Highlights
Damon Wilson: Congressional Testimony on Post-Election Ukraine
Damon Wilson, Atlantic Council Vice President and Director, International Security Program, testified before the Commission on Security and Cooperation in Europe (U.S. Helsinki Commission) on March 16.
Stephen Hadley Calls for New Phase of U.S.-China Relations
In a luncheon address at the 3rd U.S.-China Project on Crisis Avoidance & Cooperation Track 1.5 conference in Beijing, Atlantic Council Board member, former national security adviser and current senior adviser for international affairs at the United States Institute of Peace, Stephen J. Hadley, spoke about U.S.-China relations 30 years after the establishment of full diplomatic relations.
Shuja Nawaz: Congressional Testimony on Islamist Militancy in Pakistan
Shuja Nawaz, director of the Atlantic Council's South Asia Center, testified before the House Foreign Relations Committee Subcommittee on the Middle East and South Asia on March 11.
Damon Wilson Discusses NATO, Turkey and Azerbaijan
Damon Wilson, vice president and director of the Atlantic Council Program on International Security, was interviewed by Leyla Tagiyeva of Azerbaijani news site News.Az about U.S.-Turkey relations in the context of NATO and its role in the Caucasus region.
FEATURED ISSUE
Eurozone Crisis: Threat of Sovereign Debt Default
The Atlantic Council's Global Business and Economics Program hosted a conference call with Professor Leszek Balcerowicz on the Euro debt crisis.
GBP Hits New Low Against the Euro
Neil Richard Leslie | December 10, 2008The British sterling has fallen to a new record low against the euro. BBC:
The pound stood at $1.4807 and at 1.1450 euros in London late morning trading.
[...]
At one point, sterling declined to under 1.14 euros. It also touched a new low against a basket of currencies. Interest rates have been cut both in the UK and in the eurozone, but they remain higher in the 15-member euro currency area. The pound was also hit by new data suggesting the UK economy had shrunk by 1% in the three months to November.
[...]
Lower interest rates make it less attractive for foreigners to hold pounds. A weaker pound is better for the UK exporters but is bad news for British holidaymakers who plan to go abroad during the Christmas season, and also makes imported goods more expensive.
Comments
I think the GBP will still remain strong for the rest of the year as compared to the US Dollar. Niche markets will continue to flourish despite the economic slump. People will always find ways to spend their money wisely these days. But I have to agree on the importations getting more expensive. That's something people will try to stay away from.
Yes you're right, that many people find the way to spend their money. I totally agree with your comment.
Everything is having both side! that's absolutely true.
Whereas some of the majors were hesitant to ( undergraduate diploma ) follow this pair’s guidance in earlier weeks, the others ended up capitulating today. The pound cleared 1.66 and set a new monthly high, USDJPY edged to lows ( graduate diploma ) not seen since February, and the New Zealand dollar charged ahead for the biggest advance against the benchmark currency. However, we still have to take account of the moderating pace.
The European single currency meantime ticked below $1.30, pushing the Gold Price in Euros up to a new record high above €700 an ounce.
In terms of the old German Deutsche Mark, gold this morning hit its third-highest Gold Fix in history, equivalent to DM 44,461 per kilo.
( undergraduate certificate | graduate certificate )
I wonder where it will all go.
Mike the Rrod fix dude.
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That is sounds interesting !
Look at the US dollar it’s dropping like a rock and with inflation on the way we could be in big trouble.
Save money fix rrod yourself
WOW ! Great info. Thanks Neil.
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