Economists estimate that when Japan reports its December quarter GDP on Feb 15, it will show that the economy probably grew at the fastest pace since the first quarter of 2008, up 3.6%, as a
Emerging markets face pressure on their credit ratings
September 28, 2009
International rating agency, Standard & Poors, said emerging-market countries face pressure on their credit ratings as the economic recovery remains sluggish and governments rack up deficits. The agency expects the fiscal positions of almost every government will be worse than that of th Read more...
Caribbean and Atlantic offshore finance centers hit back
September 25, 2009
Reuters News said that Caribbean and Atlantic offshore finance centers are hitting back against attempts to portray them as shady tax havens and say world leaders are making them scapegoats for the global downturn. According to Reuters News, leaders of the Group of 20 economic powers, launch Read more...
What happens when the Fed goes away?
September 23, 2009
Markets took a surprising dip, down almost 1% across the major indexes despite there being no negative surprises from the Federal Reserve or central bank today in its statement. In fact, the bank's governors said the pace of economic activity has "picked up" since their Read more...
International rating agency, Standard & Poors, said emerging-market countries face pressure on their credit ratings as the economic recovery remains sluggish and governments rack up deficits. The agency expects the fiscal positions of almost every government will be worse than that of th