Anti-European tide sets Britain's ruling party against Brussels | Reuters

Anti-European tide sets Britain's ruling party against Brussels | Reuters: "Europe has never been popular among British Conservatives.

There is a tradition of resentment of Brussels, dating back to the era of Margaret Thatcher, who demanded and secured a rebate from the EU budget for Britain in the 1980s. Back in 1967, French President Charles de Gaulle accused Britain of a 'deep-seated hostility' towards the European project." (My selection)

And there has been a currency war lead by the US against the Euro and most Americans including the very liberal have a dislike of the European Union and wish its failure. The US led currency war is lowering the dollar value at a huge expense to its citizens who pay the bills and the brunt of the taxes: See "Currency war warnings follows US Fed's "quantitative easing" (My comment)

Analysis: China's currency foray augurs geopolitical strains | Reuters

Analysis: China's currency foray augurs geopolitical strains | Reuters:

China will use its own currency for trade and investment.
"Displacing the dollar, Beijing says, will reduce volatility in oil and commodity prices and belatedly erode the ‘exorbitant privilege' the United States enjoys as the issuer of the reserve currency at the heart of a post-war international financial architecture it now sees as hopelessly outmoded." (My selection)

Lofty oil new headache for debt-ridden Europe | Reuters

Lofty oil new headache for debt-ridden Europe | Reuters: LONDON (Reuters)- "No sooner are Europe's debt anxieties easing a touch than a sharp rise in oil prices threatens to impede the economy's tentative recovery from the euro's near-death experience with Greece."

China's Wen tells Obama exchange rate reforms successful | Reuters

China's Wen tells Obama exchange rate reforms successful | Reuters: (Reuters) - "Chinese Premier Wen Jiabao told U.S. President Barack Obama on Saturday that China will strengthen the flexibility of the yuan's exchange rate, and that it had already achieved notable success in exchange rate reform, state media reported."

China currency bill passes Senate procedural vote | Reuters

China currency bill passes Senate procedural vote | Reuters: (Reuters) - "U.S. legislation to press China to revalue its currency narrowly cleared a Senate procedural vote before a formal vote later on Thursday but it faced stronger opposition in the House of Representatives."