Europe waits nervously for euro era

Article Abstract:

Many people and businesses are nervous about the adoption of the European common currency on January 1, 1999. When the 11 nations begin using the euro, it may do very well and begin to challenge the American dollar. However, Asian and Russian economic problems may trouble the global market so much that the euro will be a disaster. Great Britain is especially worried about its position as it hesitates to adopt the single currency.

Other General Government Support, Coinage & Currency, Money, Euro (Currency)

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Euro is down in value and up in estimation: the single European currency has succeeded in every way its designers intended, except one

Article Abstract:

The single European currency has been effective in reviving European stock markets and in encouraging corporate and economic reform. However, it lost almost 15% of its value against the US dollar in its first year.

European Monetary System

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The next world economic crisis

Article Abstract:

Issues concerning the potential financial crisis looming in the emerging industries market which could affect both the US and Australian economics is discussed.

United States, Australia, Finance, High technology

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