The dollar fell against most of its
major peers after the Federal Reserve said it will extend its
monetary stimulus and stands ready to do more to bolster the
economy and speed jobs creation. SEE MORE “Sustainable Energy for All” is the
main theme for this week’s Rio+20 United Nations gathering in Brazil. The challenge of making energy both accessible and
sustainable has grown more complicated in the past year or so,
and also more exciting. These are tough times for coal and other
high-carbon sources of energy, while the news about clean energy
is more promising. SEE MORE VietNamNet Bridge – While prestigious international institutions have warned
that Vietnam’s inflation rate would be high in 2012, domestic economists believe
that the inflation rate would be very low. Especially, some of them have warned
against the deflation. SEE MORE HA NOI – The retail price of petrol was slashed by
VND800 (US$4 cents) to VND21,900 ($1.1) per litre at 2pm today in
accordance with the continuous drop in world prices, the Ministry of
Finance reports. SEE MORE VietNamNet Bridge – The dollar sale prices quoted by commercial banks are
marching toward the 21,000 dong per dollar threshold. However, experts believe
that no heavy price fluctuations would be seen in 2012. SEE MORE