Small Business Resources, Business Advice and Forms from AllBusiness.com

AME Info, Abu Dhabi, United Arab Emirates, Editorial Column.

Byline: Peter J. Cooper

May 5--HOW WILL THE US DOLLAR'S DECLINE AFFECT THE GCC? At the moment of writing the Euro was worth 91 US cents, still along way short of USD1.19 in 1999, but a recovery on 85 cents last autumn. It is the same story for other major world currencies. The US dollar appears to be slipping into decline.

For financial markets are adjusting to a US current account deficit of more than USD400 billion, and the lack of investment funds flowing into the United States to finance it. Under these circumstances a sharp correction in the overvalued

In addition, make sure to read these premium articles also available with your free trial:

T T T
art_print Printart_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

Free AllBusiness Articles

  • Time to sell
    • With the economy continuing its upswing, now could be the ideal time to sell a business before consumer spending slows down, banks start tightening lending standards, long-term interest rates rise, and the overall economy slows down. Current market conditions are creating a "perfect storm" for business owners who may be ......
  • The oil equation
    • Throughout the 1970s the rise in oil prices meant that interest rates were headed higher. Higher oil prices meant higher inflation, and higher inflation always translates into higher interest rates, eventually sending the economy into recession. This relationship worked in the opposite direction, as well. When oil prices came down, ......
  • Dollar at a crossroads: interest rate jitters, the presidential election and job growth potential are major factors impacting the greenback. If U.S. dollar uncertainty isn't enough, currency traders...
    • The dollar rallied in mid-July after Federal Reserve Chairman Alan Greenspan's upbeat Congressional testimony stated that June's slowdown was temporary and that a more aggressive interest rate hike is in the near term. But are gains part of the dollar's long-term prospects? Some traders say the answer is yes. "Up ......
  • Outlook for growth, inflation, rates.
    • IN 2004, ECONOMIC GROWTH will remain healthy, staying well above the potential growth rate of 3.5%, lowering the jobless rate to 5.2% at the end of the year. Economic policies will remain a strong tail wind for the economy. During the second half of 2003, Washington provided $61 billion in ......
  • Inflationary dynamics and the Angell-Johnson proposals.
    • I. Introduction During the 1980s, the United States economy has undergone enormous change. Among the more notable changes are the emergence of large federal budget and international trade deficits, high real interest rates, and a movement to rates of inflation and real commodity prices much lower than those of the ......
  • Forex prognostications for 2006.
    • As 2005 closes, the world is in an economic balancing act trying to sustain global growth and at the same time correct imbalances in capital flows. Global growth results in positive sentiment, but when it is based on unsustainable consumer debt, sentiment can quickly abandon a currency for safer havens....
  • Is the tail beginning to wag the dog?
    • JUST WHEN IT APPEARS THE Fed is beginning to feel comfortable with domestic economic conditions and has begun communicating that it is about done raising short-term interest rates, the international economic and financial environment threatens to unravel those best-laid plans. Rising to the top of the list of potential disrupters ......

Video

Business Guides

Forms

Blogs

Podcast

Related Topics
Tools

Sponsored Links

Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.