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Timothy Geithner

Geithner Dollar Remarks Create Panic

James Joyner | March 26, 2009
Timothy Geithner CFR Photo

The call earlier this week by the head of China's central bank for a new world reserve currency to replace the dollar got a surprising second yesterday from U.S. treasury secretary Timothy Geithner, who told the Council on Foreign Relations that the administration is "quite open" to the idea.  Shockingly, this did not go over well with those holding large dollar reserves.

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G7 Ministers Reject Protectionism While Governments Protect

James Joyner | February 14, 2009
G7 Meeting Photo

The G7 warned against protectionist measures earlier today, AP reports.

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