Sentences with phrase «global reserves»

After all, the euro's days as a contender for global reserve currency are now on hold at best.

This will help with the diversification of global reserve assets.

2007 global reserve growth is sure to set a new record.

If we burn just 60 % of current global reserves of fossil fuels, we produce two degrees of warming (3).

The investment and security value of bitcoin alone would lead governments to acquire massive amounts of cryptocurrencies, especially if they begin to show signs of evolving into global reserve currencies.

The key to understanding the implications of global reserve changes is knowing that these changes are mostly driven by attempts to manipulate exchange rates.

If estimates are correct it could substantially add to the company's proven global reserves.

Today's «Big Five» possess less than 5 % of global reserves — national oil companies control most of the rest.

As for reaching the pinnacle — the renminbi as global reserve currency — that's more of a long shot.

But, if the same measurement is used to place a valuation on bitcoin, given that bitcoin is targeting a $ 40 trillion market in offshore banking, $ 8 trillion market in gold, and $ 50 trillion in global reserve currencies, the market cap of bitcoin could be in the trillions.

The majority of executives said bitcoin would become the sixth largest global reserve currency within 15 years.

Perhaps China could host the new global reserve currency?

This is equivalent to 12 - 14 % (50 - 80 % probability) of carbon budgets to limit global warming to 2 °C and to only 4 % of total global reserves;

While fleeting, the concept of XRP becoming an established global reserve currency is an ideal scenario for investors.

Carbon Tracker has focused on the risks that a low - carbon energy transition pose to the fossil fuel extractives industry, since the two - degree climate target implies a carbon budget that is far exceeded by global reserves and resources.

The authors drew on available data to establish global reserves at 1,294 billion barrels of oil, 192 trillion cubic metres of gas, 728 Gt of hard coal and 276 Gt of lignite.

Either an alternative global reserve currency will be established, or nations will institute dual - currency trading: one value for real trade, another value for foreign exchange.

As for all the recent wild swings in the U.S. stock market, he blamed global reserve drawdowns.

As I've already noted, Fed policies have significant effects internationally, given the central place of U.S. markets in the global financial system and the dollar's status as the leading global reserve currency.

The boom in unconventional fuels — such as bitumen extracted from Alberta's tar sands and oil extracted from North Dakota's Bakken shale formation by hydraulic fracturing («fracking»)-- has swelled global reserves even as climate scientists issue ever - sterner warnings that burning more than a small fraction of these reserves would be suicidal.

A bigger fall would clash with China's aim of promoting the renminbi as a strong global reserve currency, says Jessop.

He pointed to the fact that global reserve calculations for the first half 2017 are set in July, so last week's update is «probably yet to take this information into account.

In a recent interview with the U.K.'s Sunday Times, Dorsey predicted that bitcoin will eventually be the single global reserve currency and argued that its slow and costly transactions will eventually «go away» as more people migrate to the blockchain.

That is why I've stressed an assembled global reserve occupying half the land and half the sea, as necessary, and in my book Half - Earth, I show how it can be done.

Who knows, after such a crisis, the new US Dollar might seem to be the best possible global reserve currency, but I doubt that would happen when wounds are fresh.

Ever since the Bretton Woods agreements — the accords after the Second World War which bequeathed the architecture for the modern international financial system — America's trading partners have been left to cope with the impact of Washington's control and, in more recent years, the hegemony of the dollar as the dominant global reserve currency.

Two days ago, the New York Times reported that the French Parliament is «leaning» towards a ban on hydraulic fracturing, the American - made technological revolution in production that has vastly increased the known economically recoverable global reserves of natural gas.

And judging by how this still relatively nascent economy has grown over the past decade, it's hard to rule out the possibility of cryptocurrencies emerging as an alternative to the primary global reserve currency.

Suffice to say that the data I track with Christian Menegatti of RGE doesn't suggest any slowdown in global reserve growth in q4.....

Some financial experts have predicted that by 2030 Bitcoin will be the sixth largest global reserve currency and OPP.Today reported last month how the cryptocurrency was set to take...

Perhaps China could host the new global reserve currency?

Well, the early data for January suggests that global reserve growth remains very, very strong.

The study notes that current global reserves of coal, oil and gas equate to the release of nearly 3 trillion tonnes of CO2 when used and based on this draws the conclusion that two thirds of this can not be consumed if a global budget were in place that limits emissions to 1.1 trillion tonnes of CO2 for the period 2011 to 2050.

Using this as a baseline reference point for the period to 2050 rather than total global reserves, would then lead to a different conclusion and a much lower fraction that can not be used.

The Agencies certainly played a role in turning US mortgages into an asset that credit risk adverse central bank were willing to hold: the availability of Agency bonds with an implicit government guarantee interacted with the acceleration of global reserve growth to help make too much credit available to American households.

The euro is the second largest global reserve currency, and the Eurozone has a large trade surplus with the rest of the world.

The company has set its sights on an starry - eyed goal: supplanting the SWIFT interbank money transmission service and angling for XRP to become a global reserve currency held by major financial firms in order to facilitate foreign exchange markets.

«There's no question that China wants to have its currency as a global reserve currency,» he said.

Still, to put things in perspective, the U.S. dollar didn't become a global reserve currency until after the Second World War, 150 years after it was created and three decades after the Federal Reserve was formed.

In an online presentation entitled The End of America, which has garnered significant media attention, Stansberry describes what may happen if the world gets fed up with the ongoing devaluation of the greenback and stops accepting it as the global reserve currency.

The International Energy Agency said in its five - year oil market forecast last month: «Although uncertainties remain, it is impossible to ignore the possibility that current non-conventional technologies, as they spread and get both perfected and mainstreamed, could lead to a wholesale reassessment of global reserves.»

Before the IMF deemed China's yuan a global reserve currency this week, the currency received support from some prominent names.

The yuan's position in global reserves is likely to increase at a slow rate over the years following its inclusion.

In view of the greenback's current strength and interest rate advantage, its share in global reserves may well rise in the coming years.

A few months earlier, Beijing had applied similar pressure on European nations, this time to join with it in an unprecedented public call to replace the dollar as the global reserve currency.

The largest subsidy for fossil fuels, and their largest consumer, is provided by the US military, whose policy of «full spectrum dominance» is intended to maintain the dollar as the global reserve currency, priced in petroleum, with Treasury debt recycling things back to the (rapidly declining) Imperium.

There was a reason Keynes supported bancor instead of dollars as the global reserve currency during the 1944 Bretton Woods conference, and it was not, as everyone assumes, just because of nationalist pride.

Every year, moreover, producers add to global reserves, whether through unlocking natural gas shale formations, oil sands bitumen plays, or drilling deep into the ocean floor.

Third, given the role of the dollar as the global reserve currency, the Federal Reserve has a special responsibility to manage policy in a way that helps promote global financial stability.

Bitcoin functions first and foremost as a currency and could possibly even become a global reserve currency.