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Brown 'an optimist' over UK economy - PA
- 4 Hours ago
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Gordon Brown has brushed aside gloomy economic news, insisting he remained an 'optimist' over the future of the country's finances. The Prime Minister, speaking as the Cabinet met in Nottingham on its
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Senate sets hearing on Bernanke's renomination
- 109 Minutes ago
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WASHINGTON (Reuters) - The Senate Banking Committee will hold a confirmation hearing on Federal Reserve Chairman Ben Bernanke's nomination to a second term as chief of the U.S. central bank December 3,
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Senate panel to mull Bernanke nomination on Dec. 3
- 4 Hours ago
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President Barack Obama nominated Bernanke to another four-year term in August. The nomination requires Senate approval. Bernanke has drawn both praise and criticism for his creative thinking and unconventional
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Fitch Publishes U.S. CMBS Focus Report on BACM 2007-1
- 4 Hours ago
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NEW YORK--(Business Wire)-- Fitch Ratings has published its U.S. CMBS Focus Performance Report on Banc of America Commercial Mortgage Inc., series 2007-1 (BACM 2007-1). The report provides a detailed
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Japan's Latest Economic Ailment: Deflation
- 13 Hours ago
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During his Nov. 13 visit to Tokyo, U.S. President Barack Obama emphasized that Japan, as the world's second-largest economy, has a special role in the global marketplace. One week later, it's becoming
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When In Doubt, Blame Bernanke
- 20 Hours ago
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'The continuous depreciation in the dollar and the that, in order to resume growth and maintain public confidence, it basically won't raise interest rates for the coming 12 to 18 months, has led to massive
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Fed sees little risk of inflation in weak economy
- 24 Hours ago
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WASHINGTON/PARIS (Reuters) - Senior U.S. Federal Reserve officials said on Thursday inflation is not an immediate threat as a weak economic recovery and a grim outlook for jobs keep price pressures in
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Croatia to cut budget gap in 2010 to 2.5 pct of GDP
- 5 Hours ago
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ZAGREB, Nov 20 (Reuters) - Croatia will slightly reduce its budget deficit in 2010 from some 3 percent of gross domestic product targeted this year, state television reported on Friday. The government
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Mexico recession ends with Q3 gdp growth of 2.93 pct
- 4 Hours ago
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MEXICO CITY, Nov 20 (Reuters) - Mexico's year-long recession ended during the third quarter, when the economy grew 2.93 percent, although output was still 8.1 percent less than in the same quarter last
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World Bank Raises Growth Forecast for Korean Economy
- 67 Minutes ago
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The World Bank has lifted Korea's economic growth forecast to a decline of 0.7 percent for this year and expansion of 3.7 percent next year. This is a huge improvement from predictions made in June of
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IMF Expects Korean Economy to Grow Fastest Among G20
- 67 Minutes ago
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The International Monetary Fund (IMF) has increased its 2009 economic growth forecast for Korea by the largest amount among G20 nations. According to the Finance Ministry, the IMF predicted in its October
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Senate sets hearing on Bernanke's renomination
- 109 Minutes ago
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WASHINGTON (Reuters) - The Senate Banking Committee will hold a confirmation hearing on Federal Reserve Chairman Ben Bernanke's nomination to a second term as chief of the U.S. central bank December 3,
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ECB slows emergency cash support
- 9 Hours ago
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Mr Trichet says it is too early to declare the crisis over. The European Central Bank (ECB) will scale back its liquidity measures for fear of fuelling inflation. ECB President Jean-Claude Trichet said
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Bini Smaghi-Markets should not mix signals on ECB exit
- 8 Hours ago
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FRANKFURT, Nov 20 (Reuters) - Financial markets should not assume that by removing some of its crisis measures, the European Central Bank is preparing to raise interest rates, Executive Board member Lorenzo
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Dutch 2009 deficit to rise to 5.1 pct of GDP-MinFin
- 10 Hours ago
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AMSTERDAM, Nov 20 (Reuters) - The Dutch 2009 budget deficit will be 0.3 percentage points higher at 5.1 percent of Gross Domestic Product (GDP) than previously forecast, the Dutch Finance Ministry said
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John Kerry vs. World Bank
- 9 Hours ago
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รข??Photo courtesy of the World Bank. John Kerry gave a barn-burner of a speech at the World Bank on Wednesday, laying into development banks for pouring massive sums into dirty energy projects in poor
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