<?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=69&amp;catid=279</link><description>News Feed for - Economics</description><item><title>World economy still needs support, says IMF chief</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96292773&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T10:22:00</pubDate><description>IMF head: World economy still needs support â?¢ Dominique Strauss-Kahn says it is too early to abandon stimulus measures â?¢ IMF managing director softens his opposition to the Tobin tax at the CBI annual </description><source>Guardian.co.uk</source></item><item><title>Chicago Fed Chief Sees 10.5 Percent U.S. Jobless Peak: Report</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96275763&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T10:32:00</pubDate><description>PARIS (Reuters) - Chicago Federal Reserve President Charles Evans expects U.S. unemployment to peak at around 10.5 percent next spring and hopefully easing to about 9.5 percent by end-2010, according </description><source>ABC News</source></item><item><title>Oil rises above $78 in Asia amid Iranian war games; US economic data also eyed</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96273468&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T10:49:00</pubDate><description>SINGAPORE - Crude prices rose above US$78 a barrel Monday in Asia as Iran staged five days of war games, boosting tensions in the oil-rich region. Benchmark crude for January delivery was up 97 cents </description><source>StockHouse USA</source></item><item><title>RPT-UK DATA WEEKAHEAD-GDP data eyed for possible upward revision</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96286383&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T08:09:00</pubDate><description>LONDON, Nov 20 (Reuters) - A second reading of third-quarter gross domestic product will be the highlight of next week's data calendar that also includes surveys on the health of the housing market and </description><source>Forbes.com</source></item><item><title>IMF boss Strauss-Kahn warns that global economy remains 'highly vulnerable'</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96293800&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T11:32:00</pubDate><description>Dominique Strauss-Kahn, the boss of the International Monetary Fund, has warned business leaders that the global economy remains 'highly vulnerable' to shocks 12 months after the financial crisis. Published: </description><source>Telegraph</source></item><item><title>Overnight deposits at ECB fall, bond tally up</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96291527&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T08:49:00</pubDate><description>FRANKFURT, Nov 23 (Reuters) - The amount of cash banks deposited overnight at the European Central Bank fell, data showed on Monday. The ECB said commercial banks deposited 46.067 billion euros at the </description><source>Forbes.com</source></item><item><title>IMF official warns of bubbles in emerging markets</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96300411&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T11:44:00</pubDate><description>PARIS (Reuters) - Some emerging economies are at risk of uncontrolable capital movements, bubbles, and accumulation of reserves, the IMF's chief economist Olivier Blanchard said in an interview published </description><source>Reuters India</source></item><item><title>UPDATE 2-Thai Q3 GDP growth slows, outlook better</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96283692&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T10:39:00</pubDate><description>BANGKOK, Nov 23 (Reuters) - Thailand's economic growth unexpectedly slowed in the third quarter from the previous three months, triggering bond yields to tick down as the data reinforced views rates will </description><source>Forbes.com</source></item><item><title>IMF sees UAE non-oil sector growth of 3 pct in 2010</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96226022&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T10:01:00</pubDate><description>ABU DHABI, Nov 23 (Reuters) - The United Arab Emirates is expected to see 3 percent non-oil economic growth in 2010 compared to 1 percent this year, the regional head of the International Monetary Fund </description><source>Forbes.com</source></item><item><title>OECD Forecasts Global Growth</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96253864&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T07:12:00</pubDate><description>The Organization for Economic Cooperation and Development forecast world growth of 3.4% in 2010. The OECD's baseline forecast projects a world in which the U.S. household savings rate is unchanged from </description><source>Forbes.com</source></item><item><title>Thailand's GDP Grows For Another Quarter</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96274340&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T05:33:00</pubDate><description>BANGKOK, Nov 23 (Reuters) - A rebound in manufacturing and exports pushed Thailand's economy up 1.3 percent in the July-September quarter from the previous quarter, extending Thailand's recovery from </description><source>Forbes.com</source></item><item><title>CBI says recession heralds a decade of change</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96242830&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T10:04:00</pubDate><description>Business Financial Newswire - The recession has raised concerns about commercial models, supply chains and finance that will reshape business behaviour well into the next decade, the CBI said today. Launching </description><source>Business Financial Newswire</source></item><item><title>Asia stocks mixed as figures on US economy awaited</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96163815&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T10:24:00</pubDate><description>SEOUL, SOUTH KOREA: Asian stock markets were mixed Monday after a decline on Wall Street and as investors hunkered down ahead of a stream of figures that could confirm the U.S. economy is recovering at </description><source>Economictimes</source></item><item><title>Little Sign of Inflation on Horizon: IMF</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96294191&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T12:05:00</pubDate><description>The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said on Monday, adding a lasting recovery will depend on policymakers taking the proper steps in the coming </description><source>CNBC</source></item><item><title>Children are 'worth Â£5bn' to the UK economy, a report suggests</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96288741&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T12:03:00</pubDate><description>Spending by children in the UK has hit record levels despite a fall in parents' disposable incomes, research has suggested. The London School of Economics said spending by young people was now worth Â£4.89bn </description><source>BBC</source></item><item><title>UK'S BROWN SAYS G20 SHOULD ADDRESS GLOBAL IMBALANCES IN TRADE AND CURRENCIES</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96300829&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T11:44:00</pubDate><description>For highlights of British Prime Minister Gordon Brown's address to the Confederation of British Industry annual conference on Monday, please click on COPYRIGHT</description><source>Forbes.com</source></item><item><title>Thai Hot Stocks-Index off low; Banpu at more than 1-yr high</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96266449&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T09:17:00</pubDate><description>BANGKOK, Nov 23 (Reuters) - Thailand's benchmark stock index was down 1.1 percent at 687.69 at 0820 GMT on Monday, erasing losses after falling to a two-week low of 683.55 in early trade. Thailand's economy </description><source>Forbes.com</source></item><item><title>UPDATE 1-Eskom official sees World Bank loan decision in H1 2010</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96307420&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T13:00:00</pubDate><description>* Eskom has applied for $3.75 bln, target still $5 bln * Decision expected first half of next year (Adds background) JOHANNESBURG, Nov 23 (Reuters) - South Africa's power utility Eskom [ESCJ.UL] expects </description><source>Reuters UK</source></item><item><title>OECD area shakes off recession</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96305597&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T12:49:00</pubDate><description>Top industrialised economies broke free of recession in the third quarter despite falling output in Britain, OECD data showed today, but the IMF warned that the recovery was 'vulnerable'. Data released </description><source>RTE Online</source></item><item><title>Global Economy Passed The Worst, IMF Chief Says</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96303432&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T12:21:00</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>OECD economies return to growth</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96301537&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T12:03:00</pubDate><description>The UK is lagging behind other major global economies The economies of the 30 members of the Organisation for Economic Co-operation and Development (OECD) grew by 0.8% in July to September, the group </description><source>BBC</source></item><item><title>Federal Reserve Should Keep Asset Purchase Program Longer, Says St. Louis Fed Chief </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96294600&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T10:13:00</pubDate><description>(RTTNews) - Federal Reserve Bank of St. Louis President James Bullard has backed the Fed to keep its asset purchase program for a longer period, so as to give the central bank more options should it need </description><source>RTTNews.com</source></item><item><title>Swiss M3 Money Supply Stable In October</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96290367&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T09:03:00</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>Pensioners 'hardest hit' when inflation returns next year</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96216854&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T08:55:00</pubDate><description>Pensioners will be one of hardest hit when inflation returns next year, according to figures calculated for The Daily Telegraph. The pensioner RPI price inflation was as low at 0.4 per cent in October </description><source>Telegraph</source></item><item><title>China could grow 10 pct in fourth quarter</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96213587&amp;Channel_ID=69&amp;Category_ID=279</link><pubDate>2009-11-23T07:16:00</pubDate><description>- China's economy could grow by over 10 percent in the fourth quarter of 2009 spurred by massive investment and rising consumption, the state press said Sunday, citing a top government think tank. 'The </description><source>SINA</source></item></channel></rss>