11. Santer is likely to call for more cooperation to control global currency instability.
12. Since the Second World War there has been a single global currency standard, the dollar.
13. Some economists predict that the euro could rival the dollar as a global currency, eventually pushing U.S. interest rates higher as the demand for dollars diminishes.
14. Supposedly, European nation-states are no match for transnational actors such as global currency speculators, multinational companies or international criminal gangs.
15. The biggest benefit of having the dominant global currency is that most of the world transacts its business in your money.
16. The European Central Bank will use huge resources to fight inflation and guarantee stability as the euro develops into a global currency rivaling the dollar.
17. The euro has proved to be a success, even though it has failed to meet exuberant predictions that it would instantly rival the dollar as a global currency.
18. The stock market bubble was wildly influential in determining the performance of global currencies.
19. The surprise announcement did little to help the health of the Russian economy, which is already buffeted by the global currency crisis.
20. This year, however, his performance has trailed some of his fellow so-called macro players, who bet on trends in global currencies and interest rates.