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
Following President Obama’s announcement last Friday that he will impose duties of 35% on $1.8 billion of automobile tires from China, today, Bloomberg News reported that President Obama said his decision to impose tariffs on Chinese tires wasn’t intended to be “provocative,” Read more...
Investment and industrial output accelerated in August in China
September 11, 2009
China’s National Bureau of Statistics said that its investment and industrial output accelerated in August, up 12% from a year earlier, suggesting the economic recovery is on a solid course. However, analysts say that Beijing is still unlikely to tap on the policy brakes too hard for fear Read more...
UK stock market close above 5,000 for first time in almost a year
September 9, 2009
Mexico is in the headlines today, not just for the highjacking of an Aeromexico jet, but because investors are concerned that President Felipe Calderon’s proposed spending cuts and tax increases are
“too tame” to avoid a credit rating downgrade, which would be the country&rs Read more...
Following President Obama’s announcement last Friday that he will impose duties of 35% on $1.8 billion of automobile tires from China, today, Bloomberg News reported that President Obama said his decision to impose tariffs on Chinese tires wasn’t intended to be “provocative,”