February 9, 2013
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IT seems there is a trampoline of late any time the ringgit tries to strengthen below the RM3 to the US$1 level. Since the removal of the peg against the US dollar, the ringgit’s highest point against the dollar was at RM2.93 back in July 2011. Since then, the ringgit […]
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February 8, 2013
Record petroleum exports helped shrink the U.S. trade deficit in December to the smallest in almost three years as America moved closer to energy self- sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo. The gap narrowed 20.7 percent to $38.5 billion, the smallest since January 2010 and lower than […]
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