Freedom New Zealand

I believe give it until 2012, most economies globally look screwed, that is if there based off the bankers evil credit and servicing-off-debt systems with a corrupt-backed reserve central bank in place and not the people of the nation in control of there monetary system. I guess it's all part of there plan for digitalization and ID, the path to tyranny and ultimate police state enforcement.

Below is some mainstream media articles of some financial news...

The New Zealand dollar took a peek at US82c and then eased back as traders took profits.

It hit a new 23-year post-float high against the greenback of US81.83c but closed on US81.46c against US81.15c yesterday.

In the U.S, Federal Reserve vice chairman Donald Kohn said a weak economy was a bigger worry than inflation risks, suggesting a willingness to keep cutting rates from 3 per cent as the central bank tackles "difficult times".

Strong heating fuel demand in Europe and the United States in the midst of a cold spell and signals from Opec that the group will not raise production at its meeting next week added support to crude's gains, dealers said.

US crude gained $2.20 to a record $101.43 a barrel - close to the inflation-adjusted peak of $102.53 hit in 1980. London Brent crude rose $2.34 to $100.03 a barrel.rst level in five years while inflation soared among producers, sparking fears of stagflation.

While a weak dollar can sometimes trigger commodities buying as dealers seek to preserve nominal value in other currencies, worries about an economic slowdown have tempered oil's rally in recent weeks by dimming the outlook for global energy demand.

In the United States, crude oil supplies are forecast to have risen last week by 2.5 million barrels, the seventh increase in a row, as refineries undergoing maintenance have built up stocks.

A preliminary Reuters poll of industry analysts predicted US distillates stocks, including heating oil and diesel, were expected to maintain their seasonal decline due to cold temperatures and a dip in production and imports.

- NZPA & REUTERS