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As the IMF joins calls for a stronger yuan, a Xinhua report on Saturday said the Chinese government would not allow the renminbi to appreciate against the dollar in the short term. Just hours before Obama was due to arrive in China, the authorities there warned that the Fed is fuelling speculative investments and endangering the global recovery through loose monetary policy. Read more

Bad news for RBS, less-bad-than-recent news for the United States, and good news for Asia, all rounded off with a warning on asset bubbles. And the market price of water in Yemen has quadrupled in four years Read more

Yuan-denominated bonds and rapid overseas expansion sound good for China, but could tomorrow lead to civic unrest? Inflation is a lesser concern than heading back into recession, as new US consumer debt figures indicate a long hard slog back to normality Read more