East Rand Stereo well known for its variety and fun-to-listen-to music selection, day and night and also broadcasts various focused programs such as Gospel, Country, Boeremusiek and Classical Music In 2005 East Rand Stereo once again became a leader in the industry, when it became the first community radio station in South Africa to broadcast using RCS (Radio Computer Software), which was in the past only used by Larger Commercial Radio Stations. East Rand Stereo is also one of few community radio stations with a fully operational newsroom and a news team, providing local news to its community, including two daily "good-news" bulletins.
Currency War of 2009–11 fast that it would lead to social unrest in China, bankruptcy for export dependent companies and "disaster for the world". In October, China posted a record surge in its foreign exchange reserves, which was seen as a "target around the neck of China’s exchange rate regime" in the effort to get the country to allow its currency to appreciate. In reaction, Geithner suggested China’s attempts at limiting gains were the reason for capital controls and currency-market interventions in other emerging economies. "What’s happening is, as China holds its currency down, their currencies are moving up and they’re having to work