Politics of Oil: Should oil importers be worried of geopolitical consequences?

A strong US dollar and soft demand has brought down oil prices. But it is improved technology, such as hydraulic fracking, that has brought about abundant supplies of shale oil from the US onto the market, along with the Middle East, which despite conflict, has not budged on supply.

Man with huge US dollars arrested while heading to Hong Kong

A man from the Hong Kong Special Administrative Region was caught attempting to carry 580,000 U.S. dollars in cash undeclared from Shenzhen City, south China`s Guangdong Province, to Hong Kong on Wednesday.

Liberia`s finance minister urges calm over currency crisis

Liberia`s finance minister warned against panic today after being summoned to parliament to explain a crash in the value of Liberia`s currency against the US dollar.

The Rupee pain

The rupee’s freefall in part can be blamed on fears that the US will scale back stimulus measures.