The Phaserl


An Overlooked News Item

by Turd Ferguson, TF Metals Report:

Look, there are so many things going on in the world that it’s easy to overlook, or simply miss, some of the major news items of the day. One such story caught my eye yesterday and it occurred to me that it definitely needed our attention.

The news item in question comes from the Europe edition of China Daily and I found it while scrolling through the links posted at Santa’s ( Let’s start by giving you the link to the story and posting a full reprint for you to read.

The Bank of China’s chief economist Cao Yuanzheng feels China’s efforts to promote the renminbi (RMB) as an international currency is blazing a new trail in world history.


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