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
Canadian consumer prices posted their first annual increase in five months up 0.1 percent, ending the longest streak of declines since 1953, Statistics Canada said. The Bank of Canada, led by Governor Mark Carney, has said it will keep its key interest rate at a record low 0.25 percent through June Read more...
Brazil Grows at "Chinese Pace"
November 17, 2009
The President of Brazil said the economy may have expanded about 9 percent in the third quarter, putting its growth rate at a “Chinese pace.” Alongside this, President Lula said, the country’s international reserves, at $233 billion, have brought stability that guarantees fun Read more...
Dow Up 15% for the year
November 13, 2009
U.S. stocks had another positive day, up almost 1%. For the week, the much watched Dow Jones Industrial Average rose 2.5 percent, after jumping 3.2 percent last week. These gains have propelled the Dow up 17% for the year so far. Today’s strength in the US market resu Read more...
Canadian consumer prices posted their first annual increase in five months up 0.1 percent, ending the longest streak of declines since 1953, Statistics Canada said. The Bank of Canada, led by Governor Mark Carney, has said it will keep its key interest rate at a record low 0.25 percent through June