(editor's note: Hold on to your hats! The tornados of financial changes are hitting mainstream media. This is only a trickle of the beginning -All my Love, Boo)
China gives currency more freedom with new reform
"BEIJING, Apr. 14, 2012 (Reuters) — China took a milestone step in turning the yuan into a global currency on Saturday by doubling the size of its trading band against the dollar, pushing through a crucial reform that further liberalizes its nascent financial markets."
http://www.reuters.com/article/2012/04/14/us-china-cbank-yuan-band-idUSBRE83D02020120414
Colombia's Ocampo withdraws from World Bank challenge
"WASHINGTON, Apr. 13, 2012 (Reuters) — Former Colombian finance minister Jose Antonio Ocampo said Friday he was withdrawing his candidacy for World Bank president to allow developing nations to rally behind a single nominee to challenge the United States for the job."
http://af.reuters.com/article/commoditiesNews/idAFL2E8FDKDX20120413
Analysis: IMF funds drive caught in global power shift
"WASHINGTON, Apr. 13, 2012 (Reuters) — Tensions among some of the world's leading economies are on a boil over a plan to raise new resources for the International Monetary Fund to contain the euro zone debt crisis and a quest by emerging economies to win more say in the global lender."
http://www.reuters.com/article/2012/04/13/us-imf-idUSBRE83C1F420120413
