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America is home to the most obese people in the world. According to the CDC (Center for Disease Control and Prevention), obesity in adults has increased by 60% within the past twenty years and obesity in children has tripled.
China, the fastest growing economy in the world, displaced the USA from being the second largest exporter in the world in 2007 (calendar year), according to the WTO statistics.
The USA private sector shed 473,000 jobs in June, a survey by payrolls firm ADP showed Wednesday, highlighting ongoing weakness.
If, after a trial period, China makes its currency convertible, the consequence is that importing countries must have reserves of yuan renminbi. To get them, central banks around the world will have to divest themselves of U.S. assets and Treasury bonds.
China, the fastest growing economy in the world, displaced the USA from being the second largest exporter in the world in 2007 (calendar year), according to the WTO statistics.
The USA private sector shed 473,000 jobs in June, a survey by payrolls firm ADP showed Wednesday, highlighting ongoing weakness.
If, after a trial period, China makes its currency convertible, the consequence is that importing countries must have reserves of yuan renminbi. To get them, central banks around the world will have to divest themselves of U.S. assets and Treasury bonds.