Saturday, June 6, 2009
New world reserve currency a decade away...
Moscow’s finance minister says China’s Yuan the ’shortest path’ to new world reserve; predicts ‘new major currency unions’ not soon to emerge. Developed nations are dragging their feet over reforms of the International Monetary Fund, where Moscow wants to have a greater say, Russian Finance Minister Alexei Kudrin said on Saturday. “We already see a lot of foot-dragging and tripping-up along this path,” said Kudrin during Russia’s premier economic forum in Saint Petersburg. “There is a need to make the IMF a true representative of the world’s leading economies. It’s not there right now,” he said, noting that China had a lower representation quota than Switzerland or Belgium...Link
Beer Hydrates Better Than Water...............
At last, I no longer have to act ashamed whenever people discover my hydration bladder is full of Miller High Life—I'm simply ahead of my time. Our pal Science now says that beer, yes beer, is more effective for rehydrating the body than plain ol' water. I think I'm not alone when I say that this qualifies as news on par with peace in the Middle East. Researchers at Granada University in Spain found this Nobel Prize-worthy discovery after months of testing 25 student subjects, who were asked to run on a treadmill in grueling temps (104 degrees F) until they were as close to exhaustion as possible. Half were given water to drink, and the other half drank two pints of Spanish lager. Then the godly researchers measured their hydration levels, motor skills, and concentration ability...Link
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