Archive for the 'Dollar Dollar' Category

How the Dollar Drop changed the global perspective of forex?

Saturday, December 22nd, 2007

Forex trading is one of the most addictive business in today’s’ world. With over trillion dollars in revenue each day this industry is just growing with leaps and bounds and sees no near future threat to itself. Every investor trading today wants to have a hand in foreign exchange. The amount of revenue generated by […]

Iranian Nuclear weapon and threat to dollar

Saturday, December 22nd, 2007

The government of Iran has finally developed a nuclear weapon that is slowly going to swift out dominance of dollar in international market. The Iranian oil bourse expected to start in near future will be based in euro. This will pave the path of trading oil against euro. Once the denomination of trading […]

How US Dollar became the world currency?

Thursday, December 20th, 2007

Earlier in 20th century dollar was tied up with gold. It didn’t move up nor moved down and remain equal to the value of gold. But the Great Depression of 1921 to 1929 bought a change in US government policy which had to remove the backing up dollar by gold in turn it started creating […]

First Solar buys Turner Renewable Energy for $34.3 million

Friday, November 30th, 2007

SAN FRANCISCO (Dollar Drops) — First Solar Inc. [s:FSLR] said late Friday it acquired commercial solar project designer Turner Renewable Energy LLC for about $34.3 million in stock and cash. Turner, so named in January 2007 when Ted Turner invested in the company, will operate as a unit of First Solar under the name First […]