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Recession adds to challenges for suburban arts   - 5 Hours ago
01:24 pm ET · When he hired Itzhak Perlman as artistic director of the Westchester Philharmonic in 2007, Joshua Worby thought he'd hit a grand slam. He figured that Perlman, a popular, world-famous violinist,
  
    



Boost aid to poor, Pope tells G8 ahead of summit   - 9 Hours ago
VATICAN CITY (Reuters) - Group of Eight leaders meeting in Italy next week to discuss the state of the global economy should not forget about the world's poor, Pope Benedict said in a letter released
  
    




Vatican runs deficit amid economic crisis   - 6 Hours ago
The Vatican said Saturday it ran a deficit in 2008 as its finances and donations from across the world were hit by the global economic crisis. The Vatican posted a budget deficit for a second straight
  
    



Canadians keep falling for Nigerian letter scam   - 5 Hours ago
Fraud artists are finding it easier amid a battered economy to entrap marks with dubious offers once easily dismissed as scams, and are snaring a growing number of victims to the tune of millions of dollars
all 1 news articles >>
  
    



Bank of England's Monetary Policy Committee considering expanding quantitative easing   - 37 Minutes ago
The Bank of England's Monetary Policy Committee could expand its quantitative easing (QE) programme from 125bn to 150bn or more on Thursday as it weighs up the prospects for economic recovery at its July
  
    



MPC considering expanding quantitative easing to 150bn   - 3 Hours ago
The Bank of England's Monetary Policy Committee could expand its quantitative easing (QE) programme from 125bn to 150bn or more on Thursday as it weighs up the prospects for economic recovery at its July
  
    


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G-8 to call for end of poverty across Africa / Italy summit to uphold U.N. millennium   - 4 Hours ago
The Yomiuri Shimbun The Group of Eight major nations likely will urge the international community to take an integrated, whole-country approach to achieve the U.N. goals of eliminating poverty in African
  
    



Slovak PM sees 2009 fiscal gap around 6 pct GDP   - 6 Hours ago
BRATISLAVA, July 4 (Reuters) - Slovakia's public finance deficit will be around 6 percent of gross domestic product this year, three times as much as originally planned due to shrinking budget revenues,
  
    



Germany to urge sustainable public spending at G8   - 10 Hours ago
BERLIN, July 4 (Reuters) - German Chancellor Angela Merkel will promote the consolidation of public finances at next week's Group of Eight Summit, according to German weekly 'Tagesspiegel am Sonntag'.
  
    


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INTERVIEW - West Africa central bank open to more rate cuts   - 11 Hours ago
AIX-EN-PROVENCE, France, July 4 (Reuters) - West Africa's BCEAO central bank is open to further interest rate cuts and other steps to help stimulate the economy, governor Philippe Henri Dacoury-Tabley
all 1 news articles >>
  
    



Recession and APD forces airlines to cancel routes   - 16 Hours ago
A sharp decline in passenger numbers has resulted in airlines abandoning up to 200 routes in the past year, according to new figures. Further cuts are expected before the rise in Air Passenger Duty in
  
    



N.Y. Fed's Chief Backs Preemptive Crisis Moves: Fed Should Get Ahead of Asset Bubbles,   - 16 Hours ago
The Federal Reserve should break with past policy and try to identify and deflate asset bubbles before they can damage the U.S. economy, New York Federal Reserve President William C. Dudley said. While
  
    


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G8 united in not questioning dollar :source   - 17 Hours ago
The Group of Eight (G8) leading industrialized nations are showing little enthusiasm for the idea of questioning the dollar's status as the main global reserve currency, a G8 source involved in preparations
  
    



Quake shakes G8 summit venue in Italy   - 17 Hours ago
ROME: A strong tremor struck L'Aquila, the Italian town that will host next week's G8 summit of world leaders, on Friday, shaking buildings, setting off car alarms and startling residents who lived through
all 3 news articles >>
  
    



WB economists allay fears over inflation   - 17 Hours ago
The chances of a widespread inflation occurring in China due to its loose monetary policy seem unlikely given the country's surplus production capacity, but the central government should be cautious against
  
    



Obama hopes to push through G8 climate deal   - 19 Hours ago
(GUARDIAN NEWS SERVICE) By Patrick Wintour in London, and Suzanne Goldenberg in Washington Barack Obama is hoping to restore momentum to the search for a global deal on climate change this year when he
  
    



Recession Brings a Chance at Gains   - 19 Hours ago
At first glance, Silver Spring-based Choice Hotels looks well-positioned to take advantage of the current economy. Its rooms are relatively inexpensive at less than $100 a night. Its 4,700 U.S. hotels
  
    



GDP to grow faster in Q2: former banker   - 20 Hours ago
China's GDP growth in the second quarter of this year will be higher than that of the first quarter, and the 8-percent growth target set for this year is likely to be achieved, a former central bank governor
  
    



Older Cars Fouling Region's Air Quality: Agency Study Links Recession, Pollution   - 21 Hours ago
The recession is contributing to higher levels of air pollution in the Washington area as new car sales plummet and older, dirtier vehicles remain on the road longer, according to a recent study by regional
  
    



SAfrica sees clearly negative 2009 GDP figure:finmin   - 22 Hours ago
JOHANNESBURG, July 3 (Reuters) - South Africa is 'clearly looking at a negative figure' for GDP in 2009, Finance Minister Pravin Gordhan said on Friday. Gordhan also said in an interview with private
  
    



Stocks Sink As Consumer Confidence Tumbles   - 22 Hours ago
Despite retreating crude oil prices, the markets closed lower with the Dow dropping 82 points to 8447 as consumer confidence posted an unexpected drop. Nasdaq lost 9 points to 1835 while S&P 500 fell
all 1 news articles >>
  
    



Rising Unemployment Stokes Fears Of Protracted Recession   - 22 Hours ago
Despite a strong increase in factory orders, the markets plunged to close sharply lower with the Dow skidding 223 points to 8280 as soaring unemployment stocked fears of a protracted recession. Nasdaq
  
    



IMF: Nascent Economic Recovery...   - 4 Hours ago
(RTTNews) - The International Monetary Fund on Thursday said a nascent economic recovery appears to be underway in Zimbabwe as a result of improvements in macroeconomic policies. 'A more liberal economic
all 5 news articles >>
  
    



G8 may back new approach to food aid   - 6 Hours ago
The Group of Eight rich nations is expected to back a US proposal next week that would seek a more 'coordinated approach' to food aid and development, a top US official said. Michael Froman, US deputy
all 2 news articles >>
  
    



Vatican hit by economic downturn: official figures   - 3 Hours ago
VATICAN CITY (AFP) Pope Benedict XVI has not escaped the economic downturn, with donations hit by the global financial storm, official figures showed Saturday. The Vatican City ended 2008 with a deficit
  
    
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