AP – Britain’s economy grew 0.5 percent in the first quarter of this year, according to statistics released on Wednesday as the OECD cut its own growth forecasts for the country and warned that the Bank of England should raise interest rates to dampen public expectations of high inflation. View full post on All Stories
Posts Tagged ‘country’
Chinese stock scams are latest US import
It seemed like the perfect China play, a way for investors to cash in on the world’s fastest growing economy. China MediaExpress Holdings, which provides advertising on buses that clog the smog-choked streets of the country’s largest cities, was on a tear on the Nasdaq stock exchange. View full post on All Stories
FAA Initiatives At Ohio Airport Compromised Under GOP And DOT Pressure
A new headwind of politicians have emerged in this country that now advocate for big business on the backs of the everyday worker. Politicians speak of balancing budgets, bringing businesses to their communities and creating jobs. It’s a new catchall phrase with an underlining agenda that lacks any critical thinking and fiscal relevance. This new [...]
World Bank warns of China property market risk
China’s property market is a “particular source of risk” with the potential for ripple effects throughout the economy should an abrupt downturn materialize, the Washington-based World Bank said in a quarterly country report Thursday. View full post on All Stories
German Unemployment Is Near a 20-Year Low
Germany’s strong recovery underpinned a rise earlier this month of European interest rates, but the country’s economic strength was in sharp contrast with many other euro zone countries. View full post on All Stories
BOJ to slash GDP forecast due to quake
The Bank of Japan will revise downward its forecast for the country’s economic growth in fiscal 2011 amid the negative impact from the March 11 catastrophe, according to … View full post on All Stories
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