http://www.congoo.com/feed/newschannelsfeed.aspx?chid=23&catid=279News Feed for - Economicshttp://www.congoo.com/news/addstorycomment.aspx?st=96471264&Channel_ID=23&Category_ID=2792009-11-25T14:51:00(Adds details) WASHINGTON (Reuters) - The number of U.S. workers filing new applications for jobless insurance tumbled last week by a surprisingly large amount to the lowest level in more than a year, Forbes.comhttp://www.congoo.com/news/addstorycomment.aspx?st=96349651&Channel_ID=23&Category_ID=2792009-11-25T16:07:00AFP © Enlarge photo WASHINGTON (AFP) - US consumer spending jumped 0.7 percent in October, helped by a rebound in auto sales, government data showed Wednesday. The surge in household expenditures, a West Australianhttp://www.congoo.com/news/addstorycomment.aspx?st=96480674&Channel_ID=23&Category_ID=2792009-11-25T15:55:00NEW YORK, Nov 25 (Reuters) - A weekly measure of future U.S. economic growth rose in the latest week, and while its yearly growth rate continued to fall from October's record highs to a 10-week low, a Forbes.comhttp://www.congoo.com/news/addstorycomment.aspx?st=96343579&Channel_ID=23&Category_ID=2792009-11-25T16:23:00TORONTO (Reuters) - Toronto's main stock index opened higher on Wednesday as U.S. dollar weakness increased the appeal of commodities, boosting shares of Barrick Gold (ABX.TO: Quote) and other resource Reuters Canadahttp://www.congoo.com/news/addstorycomment.aspx?st=96475611&Channel_ID=23&Category_ID=2792009-11-25T15:11:00AMSTERDAM, Nov 25 (Reuters) - European Central Bank (ECB) Governing Council Member Nout Wellink said on Wednesday that the financial crisis has shown that more, better and more stringent stress tests Forbes.comhttp://www.congoo.com/news/addstorycomment.aspx?st=96464161&Channel_ID=23&Category_ID=2792009-11-25T12:13:00POPRAD, Slovakia, Nov 25 (Reuters) - The euro zone economy will perform better than previously forecast in both 2009 and 2010, European Central Bank governing council member Ivan Sramko said on Wednesday. Forbes.comhttp://www.congoo.com/news/addstorycomment.aspx?st=96475264&Channel_ID=23&Category_ID=2792009-11-25T15:18:00Shoppers spent more in October after September's decline US consumer spending rose more than expected in October, raising hopes that the economic recovery is continuing despite stubbornly high unemployment. BBChttp://www.congoo.com/news/addstorycomment.aspx?st=96451634&Channel_ID=23&Category_ID=2792009-11-25T08:39:00FRANKFURT, Nov 25 (Reuters) - The amount of cash banks deposited overnight with the European Central Bank fell while borrowing rose back over 1 billion, data showed on Wednesday. The ECB said commercial Forbes.comhttp://www.congoo.com/news/addstorycomment.aspx?st=96320263&Channel_ID=23&Category_ID=2792009-11-25T08:29:00Half of the losses suffered by banks could still be hidden in their balance sheets, more so in Europe than in the United States, the International Monetary Fund's chief, Dominique Strauss-Kahn, was quoted CNBChttp://www.congoo.com/news/addstorycomment.aspx?st=96445320&Channel_ID=23&Category_ID=2792009-11-25T07:53:00FRANKFURT, Nov 25 (Reuters) - The European Central Bank is leaning towards leaving the interest rate on its December 12-month lending operation at 1 percent, Bloomberg reported on Wednesday, citing unidentified Forbes.comhttp://www.congoo.com/news/addstorycomment.aspx?st=96438066&Channel_ID=23&Category_ID=2792009-11-25T07:39:00JAPAN-ECONOMY/ (UPDATE 2):UPDATE 2- (For more stories on the Japanese economy, click) * Japan exports to Asia fall at slowest annual rate in a year * Real exports rise 3.3 percent from previous month Forbes.comhttp://www.congoo.com/news/addstorycomment.aspx?st=96423827&Channel_ID=23&Category_ID=2792009-11-25T01:19:00People learn to cook from restaurant chefs so they can save money by cooking at home X Text Size When he lost his job, Bill Todd took over the family kitchen and turned to an unlikely source for cooking Chicago Tribunehttp://www.congoo.com/news/addstorycomment.aspx?st=96424873&Channel_ID=23&Category_ID=2792009-11-25T15:06:00Stocks are narrowly mixed as reports showing a smaller rise in new claims for jobless benefits and strong consumer spending were offset by an unexpected decline in durable goods orders. The Labor Department Miami Heraldhttp://www.congoo.com/news/addstorycomment.aspx?st=96419882&Channel_ID=23&Category_ID=2792009-11-25T16:16:00Thousands of 2010 fans could offer rich pickings for increasingly aggressive monkeys in search of snacks Violent crime. Transport chaos. Over-priced hotels. Visitor anxieties about next year's World Guardian.co.ukhttp://www.congoo.com/news/addstorycomment.aspx?st=96472621&Channel_ID=23&Category_ID=2792009-11-25T14:56:00HARARE, Nov 25 (Reuters) - Zimbabwe's inflation quickened to to 0.8 percent month-on-month in October from -0.5 percent in September, pushed up by higher prices for food and non-alcoholic beverages, the Forbes.comhttp://www.congoo.com/news/addstorycomment.aspx?st=96471985&Channel_ID=23&Category_ID=2792009-11-25T14:51:00LONDON, Nov 25 (Reuters) - Britain's economy shrank for a sixth consecutive quarter in the three months to September but at a slower pace than previously reported, keeping alive expectations of a return Forbes.comhttp://www.congoo.com/news/addstorycomment.aspx?st=96480718&Channel_ID=23&Category_ID=2792009-11-25T16:07:00WARSAW, Nov 25 (Reuters) - Poland's economic growth is likely to top 2 percent next year, a member of the central bank's Monetary Policy Council (MPC) said on Wednesday. 'I'm not expecting a significant Forbes.comhttp://www.congoo.com/news/addstorycomment.aspx?st=96486356&Channel_ID=23&Category_ID=2792009-11-25T16:34:00LUANDA, Nov 25 (Reuters) - The International Monetary Fund (IMF) said on Wednesday Angola's commitment to increasing transparency, especially in the oil sector, was key to this week's approval of a $1.4 Reuters Indiahttp://www.congoo.com/news/addstorycomment.aspx?st=96455978&Channel_ID=23&Category_ID=2792009-11-25T16:12:00* UK Q3 GDP revised up to -0.3 pct, in line with forecasts * Dollar slide to 2009 lows fuels sterling gains (Updates prices, adds quote) LONDON, Nov 25 (Reuters) - Sterling jumped against the dollar on Reuters UKhttp://www.congoo.com/news/addstorycomment.aspx?st=96471823&Channel_ID=23&Category_ID=2792009-11-25T14:50:00TBILISI, Nov 25 (Reuters) - Georgia's central bank cut its main interest rate to 5.0 percent from 6.0 percent on Wednesday, its first cut in six months. 'The rate is cut to 5.0 percent', central bank's Forbes.comhttp://www.congoo.com/news/addstorycomment.aspx?st=96471822&Channel_ID=23&Category_ID=2792009-11-25T14:50:00raised growth forecasts for this year and the next, with officials saying this would be led by increased consumption and migrant worker remittances. 'Despite improved VAT (value-added tax) compliance Business Worldhttp://www.congoo.com/news/addstorycomment.aspx?st=96471582&Channel_ID=23&Category_ID=2792009-11-25T14:49:00SUPPLY DISRUPTIONS caused by recent storms, coupled with higher utility rates and fuel prices, will likely cause consumer prices to move up faster this month, the Bangko Sentral ng Pilipinas (BSP) yesterday Business Worldhttp://www.congoo.com/news/addstorycomment.aspx?st=96473670&Channel_ID=23&Category_ID=2792009-11-25T15:04:00WASHINGTON -- Consumers got back in the buying mood in October as their incomes grew modestly, an encouraging sign for the budding economic recovery. The Commerce Department reported Wednesday that consumer WSMVhttp://www.congoo.com/news/addstorycomment.aspx?st=96402201&Channel_ID=23&Category_ID=2792009-11-25T15:06:00In Washington: Gabriela Aguilar (202) 473 6768 gaguilar2@worldbank.orgWorld Bankhttp://www.congoo.com/news/addstorycomment.aspx?st=96457228&Channel_ID=23&Category_ID=2792009-11-25T13:08:00� GDP contracting more slowly than first thought at 0.3% � City critical of accuracy of initial ONS estimate Britain's economy remained stuck in recession in the third quarter of this year, official Guardian.co.uk