Trade in global currency markets has increased by 20 percentage points over the past three years to a daily amount of $4 trillion a day, a major survey has shown.
The triennial report by the Bank for International Settlements (BIS) showed rapid growth in trading by hedge funds, insurance firms, central banks and other non-bank financial institutions, with the majority of business happening in London.



In the 71st episode, Max Keiser and co-host, Stacy Herbert, look at death spirals and vanity trades in the global financial markets. In the second half of the show, Max talks to Richard Buchanan about his attempts to form a Facebook union.
The US Department of Agriculture (USDA) has sharply slashed its forecast for 2010-11 world wheat production after revising its crop outlook for Russia.
Oil prices have sharply plunged for the third straight day amid fears on retuning global economic downturn and a decline in crude demand.
The stock markets across the world have sharply fallen over growing fears about the slowing of global economic recovery and troubling financial news.
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