Global Pulse: The Dollar Drops

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(November 29, 2007) The value of the dollar continues to decrease. With the mortgage mess and high oil prices, Americans are feeling the pinch. But, as the U.S economy struggles, economies and businesses worldwide are also feeling the effects. Will the Euro be the new world currency? Or will the holiday shopping season be just what the dollar needs to bounce back?

SOURCES: Al Jazeera English, Qatar; Asia Today, China; KBS News, South Korea; DW, Germany; TV5, France; Once Noticias, Mexico; NBC News, U.S.

Channel: News & Politics
Uploaded: November 30, 2007 at 2:12 am
Author: linktv

Length: 00:04:35
Rating: 4.93
Views: 3995

Tags: linktv globalpulse dollar euro pound shopping currency yuan economy Chavez OPEC commentary analysis news

Video Comments:
Bozewani (October 23, 2008 at 10:25 pm)
Wow, look at the flip side, the USD has soared recently!
voltagetoe (May 14, 2008 at 3:47 am)
many (atleast in Europe) refuse to buy american products. It's the easist way to fight for a safer world.
WiAmp (May 27, 2008 at 9:54 am)
bullshit ;-)
corvettedude346 (June 3, 2008 at 5:41 am)
haha, what American products, we hardly make anything anymore!
gwano13 (May 7, 2008 at 8:26 pm)
why?
HamedMAX (May 9, 2008 at 9:06 pm)
I think bcz they spent a lot on the war !!!
slittering (May 5, 2008 at 9:02 pm)
if U.S economy start going down, it is not just U.S problem. it affects whole world.But i don't understand that why other countries are so weak and fragile against dollar.They have to come up with a way for providing themselves against dollar and U.S economy.
Egyptian2k9 (September 26, 2008 at 3:44 pm)
For exemple : Canada is the first country having economy activity with usa , if usa economy crash , how you want us to trade natural energy with you ?
Egyptian2k9 (September 26, 2008 at 3:45 pm)
Usa exportation is going down as for importation...
cowboycarl04 (April 28, 2008 at 7:22 am)
yeah if it gets down low enough, then business will come to the USA and bring us out of the mess, unless the Fed just screws it up...