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via Orient Daily News - Global Banking Risks

Global banking risks become apparent due to tapering by the Federal Reserve, where Japanese banks seeking to expand globally are running into headwinds, mostly due to Western banks reducing exposure to the region. Chinese banks are also big players in copper interests in the region, along with Japanese banks.

While Asian banks are seeking to aggressively expand their horizons on the rentrenchment of European and U.S. financial interests retreating from emerging markets risk, Asian banks are also expanding their cross-border lending.

Actions in the Ruble are inflating Asia - Pacific currencies.

(Notable is probably the Indian Ruppee, and subsequently since the Rupee is no longer in collapse, that gold will be allowed to be imported with less restrictions.)

The Orient Daily - Use Google To Translate

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