The worlds' remaining known approximate oil reserves 2004-2005: Saudi Arabia 24%, Iraq 10%, Iran 10%, Kuwait 9%, United Arab Emirates 9%, Russia 9%, Venezuela 8%, Mexico 5%, United States 5% (not counting oil shale), Nigeria 2%, Libya 2%, China 2%, Kazakhstan 2%, Algeria 1.5%, Canada .5% (not counting tar/oil sands), Norway ...
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All percentages are rounded and approximated. Oil from tar sands and oil shale are not included because the high amount of energy inputs, water consumption, and waste production will likely hinder these sources of oil from being anything more than limited supplies. The nations most near and friendly to us, Mexico and Canada, have very limited reserves and are rapidly being depleted as we are...
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China Currency Reserves Top Japan's, China Business News Says The State Administration of Foreign Exchange didn't immediately respond to enquiries from Bloomberg News. U.S. Bond Investor China's reserves of foreign currency, which economists say are between 70 percent and 80 percent in dollars, doubled in the two years through 2005, rising by an average $17 billion a month...	2 / 414
Devaluation There is very little risk when trying to profit from a currency devaluing. The most that is likely to be lost is the mere transaction costs. If an observer is right, then there can be a large profit at the end of the rainbow...	3 / 749
U.S. Foreign Debt Shows Its Teeth as Rates Climb The United States of America has an estimated foreign debt of over 2.5 trillion dollars. "The debtors can be the government, corporations or private households...	4 / 1077
Balance Of Payments residents transfer $10 billion to international earnings account abroad: DEBIT to CAPITAL ACCOUNT Deficit on Current Account $665.9 Billion X=US exports of goods and services World Output of goods and services 2004 CA Balance=X-M US consumption=US output-X(exports)+M(imports) *We consume more world output than we produce* Official Reserve Account Gold Foreign Currencies SDRs Reserve positions in the IMF Statistical Discrepancy There’s going to be some omissions and misrecorded transactions-so we use a “plug” figure to get things to balance...	2 / 508