VietNamNet Bridge – The Ministry of Finance once had money to pay
foreign debts but now has very little, as most of its funds have been
used to pay the debts of state-owned company’s cement projects. SEE MORE American Electric Power expects its coal burn to be 10-15% higher in
2014 than previous projections of about 55 million st, a spokeswoman
said Tuesday. SEE MORE West Texas Intermediate crude headed
for the biggest weekly advance since December and Brent gained
as escalating violence in Iraq threatened supplies from OPEC’s
second-largest oil producer. SEE MORE A year
ago, European policymakers and central bankers were dismissive when the
blog suggested deflation was a far bigger threat than inflation – when
it was speaking at the world’s major conference for bond investors.
Later this month, the blog expects a different response when returning
to speak at the same conference. SEE MORE This morning, Vietnam gold edged up by VND50,000/tael versus last
weekend close to VND36.32 million per tael. World gold eased in Asia
trade this morning but still held above $1,252/ounce. SEE MORE