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
A number of financial markets were closed today including those of the U.S., Canada and Brazil.
In Africa, Bloomberg News reported South Africa’s gold and foreign- currency reserves surged last month after the International Monetary Fund gave the country $2.2 billion as part of a worldw Read more...
Job losses decline but unemployment rate climbs
September 4, 2009
It is the start of the Labor Day Weekend in the US. The significance of this is that it is the official end of summer. For the week, the equity market in the US lost 1.2 percent, amid speculation the rally in equities has outpaced prospects for an economic recovery.
The important report today Read more...
Inflation in Trinidad lowest in 4 years
September 3, 2009
Caribbean Money Market Brokers (CMMB) said inflation in Trinidad and Tobago fell by two and a half percentage points to its lowest level in over 4 years as its main contributor, food price inflation declined to about 10% y-o-y in July from 16.5% y-o-y the month before. With overall inflation now mea Read more...
A number of financial markets were closed today including those of the U.S., Canada and Brazil.
In Africa, Bloomberg News reported South Africa’s gold and foreign- currency reserves surged last month after the International Monetary Fund gave the country $2.2 billion as part of a worldw