Sunday, August 18, 2013

Golden dragon set to breathe fire on US Dollar?




In the third edition of Venture Capital, Katie Pilbeam explores the reasons why the world's largest producer of gold, China, is buying up the shiny commodity in record quantities. This sudden gold rush is igniting speculation that the country is getting set to create a new gold standard for its currency. Also, the Eurozone breathed a sigh of relief this week: It's officially out of recession, but for how long? And what does this mean for the countries in southern Europe still struggling with historically high unemployment rates? Plus, is Britain ready for a shale revolution to jump-start its sputtering economy, and what will be the implications for the UK environment? Find out the biggest Russian corporate news stories rocking domestic markets, and RT's in-house trader Sean Thomas just about manages to keep his shirt on.