<?xml version="1.0" encoding="iso-8859-1"?><?xml-stylesheet href="http://www.congoo.com/css/rss.css" type="text/css" media="screen"?><rss version="2.0"><channel><title>Economics News - Congoo</title><link>http://www.congoo.com/feed/newschannelsfeed.aspx?chid=29&amp;catid=279</link><description>News Feed for - Economics</description><item><title>Obama: US Economy Has 'Core Strengths'</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96344176&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T03:45:00</pubDate><description>WASHINGTON -- President Barack Obama said Monday the nation's economy is in good shape for the long term thanks to "core strengths" such as its universities, its innovation and a dynamic workforce. But </description><source>KPHO Phoenix</source></item><item><title>U.S. consumer to spend less this holiday: survey</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96239013&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T02:32:00</pubDate><description>Increases the bookmark twitter facebook digg Google Windowslive Delicious buzz friendfeed Linkedin diigo reddit stumbleupon U.S. consumers are holding tight to their wallets and average household spending </description><source>People's Daily Online</source></item><item><title>Cosma to build frame assemblies for GM in rec...</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96346893&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T00:18:00</pubDate><description>Cosma to build frame assemblies for GM in recession-battered St. Thomas, Ont. Article Tools Smaller| Larger Text Story Tools AURORA, Ont. - Magna International Inc. (TSX:MG.A) had some welcome news for </description><source>Canadian Business Magazine</source></item><item><title>UPDATE 2-Japan govt says BOJ asleep in deflation row</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96280432&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T03:49:00</pubDate><description>(For more stories on the Japanese economy, click [ID:nECONJP]) * Government, BOJ in fight over how to tackle deflation * Cabinet minister: 'BOJ asleep at the wheel' * Economists say options for govt, </description><source>Reuters</source></item><item><title>The Middle East Business Jets Market Has its Cash Registers Ringing Despite the </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96304839&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T00:27:00</pubDate><description>DUBAI, U.A.E., Nov. 23 /PRNewswire/ -- Despite the global economic slowdown that adversely affected the commercial aviation industry worldwide, the Middle East has been one of the few markets to register </description><source>Houston Chronicle</source></item><item><title>ECB's Trichet Says It's Premature To Declare Crisis Over</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96328301&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T03:41:00</pubDate><description>(RTTNews) - European Central Bank President Jean Claude Trichet said on Monday that it was still premature to declare the global financial crisis over, while he offered reassurance that the ECB was well </description><source>RTTNews.com</source></item><item><title>Japan's Kan: govt to keep close contact with BOJ</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96362549&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T02:38:00</pubDate><description>(For more stories on the Japanese economy click [ID:nECONJP]) TOKYO, Nov 24 (Reuters) - Japanese National Strategy Minister Naoto Kan said on Tuesday the government wants to make sure it is in close contact </description><source>Reuters</source></item><item><title>UPDATE 2-Japan govt says BOJ asleep in deflation row</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96367309&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T03:49:00</pubDate><description>(For more stories on the Japanese economy, click [ID:nECONJP]) * Government, BOJ in fight over how to tackle deflation * Cabinet minister: 'BOJ asleep at the wheel' * Economists say options for govt, </description><source>Reuters</source></item><item><title>South Korean Consumer Confidence Eases From Seven-Year High In November</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96349777&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T03:39:00</pubDate><description>Optional: Temporarily hide the 'tabber' class so it does not 'flash' on the page as plain HTML. After tabber runs, the class is changed to 'tabberlive' and it will appear. //Function Which Calls Swap </description><source>RTTNews.com</source></item><item><title>Israeli Central Bank Raises Key Rate Unexpectedly</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96236698&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T01:51:00</pubDate><description>US Economic News European Economic News Asian Economic News All Economic News FX Top Stories Currency Alerts Mkt Sensitive News Politics European Mkt Updates Asian Mkt Updates Treasury Mkt Updates Pop </description><source>RTTNews.com</source></item><item><title>UPDATE 1-IMF board backs $1.4 billion loan for Angola</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96355093&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T00:47:00</pubDate><description>WASHINGTON, Nov 23 (Reuters) - The International Monetary Fund said on Monday its board approved a $1.4 billion standby loan arrangement for Angola to help it cope with the effects of the global recession. </description><source>Reuters India</source></item><item><title>Jobless toll to rise again, says IMF, as  leaders  vie for votes</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96353530&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T00:28:00</pubDate><description>UNEMPLOYMENT in Britain is set to climb well into next year, despite the world economy being on the cusp of recovery, the head of the International Monetary Fund (IMF) has said. The economy remained 'highly </description><source>The Scotsman</source></item><item><title>Fragile rebound: OECD nations shake off recession</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96300766&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T00:11:00</pubDate><description>TOP industrialised economies broke free of recession in the third quarter despite falling output in Britain, OECD data showed yesterday. But the IMF warned that the recovery was 'vulnerable' and markets </description><source>Herald Sun</source></item><item><title>Japan Fujii: fiscal policy can't support falling demand</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96357643&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T01:05:00</pubDate><description>(For more stories on the Japanese economy click [ID:nECONJP]) TOKYO, Nov 24 (Reuters) - Demand in Japan is weak and fiscal policy cannot be the principal means to support a revival of demand, Finance </description><source>Reuters</source></item><item><title>Citi upgrades 2010 economic growth forecast, expects an uneven global recovery</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96344108&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T00:32:00</pubDate><description>NEW YORK - Citigroup Inc. upgraded its 2010 economic growth forecasts for several countries on Monday, and said it expects a sustained but uneven global recovery next year. The annual report, released </description><source>StockHouse USA</source></item><item><title>Low Rates For Fed Likely</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96369905&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T04:19:00</pubDate><description>Previous Video: Take Your Position Next Video: Options Action Airtime:  ET Expect low rates from the Fed for some time, says Tony Morriss, senior market strategist at ANZ Bank, speaking to Timothy Connors, </description><source>CNBC</source></item><item><title>IMF Predicts Korea to Post Budget Surplus in 2014</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96365015&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T03:18:00</pubDate><description>The International Monetary Fund forecasts Korea to post a fiscal surplus by 2014. According to the Ministry of Strategy &amp; Finance on Monday, the IMF said in a recent report that Korea will be one of only </description><source>Digital Chosun</source></item><item><title>ECB's Trichet: Too early to say crisis over, exit now</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96239507&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T03:44:00</pubDate><description>MADRID (Reuters) - An unwinding of the European Central Bank's extraordinary stimulus measures is still premature as the financial crisis has not completely subsided, ECB President Jean-Claude Trichet </description><source>Reuters India</source></item><item><title>Japan bank min Kamei says BOJ asleep at wheel</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96356163&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T01:01:00</pubDate><description>TOKYO, Nov 24 (Reuters) - Japanese banking minister Shizuka Kamei, a critic of the Bank of Japan, said on Tuesday that the central bank was not paying attention to actual economic conditions. 'The Bank </description><source>Reuters</source></item><item><title>PM gives thumbs up to US economy, dollar</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96305282&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T00:28:00</pubDate><description>WASHINGTON: In an extraordinary endorsement of the United States economic resilience, Indias Prime Minister Manmohan Singh has said questions about the American economic model and the setbacks it is suffering </description><source>Times of India</source></item><item><title>IMF head: World's economy still 'highly vulnerable'</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96292773&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T00:50:00</pubDate><description>The global economy had made ??remarkable? progress in moving out of recession but remained ??highly vulnerable? to shocks, a finance chief said today. Dominique Strauss-Kahn, managing director of </description><source>Irish Examiner</source></item><item><title>World Markets Rally On Dollar, Economic Data</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96301873&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T00:10:00</pubDate><description>World markets rose sharply Monday amid further hopeful signs about the global economic recovery. Commodity stocks led the charge, particularly in London, after gold hit another record high. In Europe, </description><source>Investors Business Daily</source></item><item><title>Dollar falls on strong U.S. home sales data</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96274100&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T00:18:00</pubDate><description>NEW YORK, Nov. 23 (Xinhua) -- The dollar fell against most major currencies on Monday after a report showed that U.S. existing home sales surged 10.1 percent in October. Weak U.S. housing starts and high </description><source>Xinhua News Agency</source></item><item><title>Canadians can't shop their way to recovery, say economists</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96354402&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T02:16:00</pubDate><description>OTTAWA -- The robust retail data for September suggest domestic consumption was strong enough to help Canada post positive growth for the third quarter and, technically, pull the country out of a recession. </description><source>Canada.com</source></item><item><title>World economy grows again but risks remain, warns IMF</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96358850&amp;Channel_ID=29&amp;Category_ID=279</link><pubDate>2009-11-24T01:50:00</pubDate><description>Director urges caution as OECD data shows GDP of 30 nations rose 0.8 per cent in Q3 Close The world's leading economies have returned to positive growth for the first time since the spring of last year. </description><source>The Independent</source></item></channel></rss>