Archive for March 27th, 2012
OECD Calls For The European Rescue Fund To Exceed One Billion Euros
Ireland will host the May 31 referendum on the European budget covenant promised by the government, announced Tuesday in Dublin Deputy Prime Minister Eamon Gilmore. “The referendum will be held on Thursday May 31,” Gilmore said in an appearance in parliament, adding that the Cabinet had decided the date of their morning meeting. The new [...]
Central Bank of Spain confirmed relapse into recession in early 2012
The Spanish economy continued to fall in the first quarter of 2012, after contracting in late 2011, announced Tuesday the Bank of Spain, confirming the country’s relapse into a new recession, advanced by the government, two years after leaving the above. “The latest information referred to the beginning of 2012 confirmed the extension of the [...]
World Tour of the U.S. World Bank Candidate for Latin America, Africa, and Asia
The U.S. nominee to head the World Bank, Jim Yong Kim will begin on Tuesday a two-week international tour during which he will travel to Latin America, Africa and Asia, announced the U.S. executive. From March 27 to April 9, Jim travel to Mexico and Brazil, Ethiopia, China, Japan, South Korea and India, said the [...]
Wall Street opens almost flat and the Dow Jones goes to 0.02 percent
Wall Street opened flat today almost a day after its biggest gain in two weeks and half an hour after the start of the session the Dow Jones an advanced Industrial marginal 0.02%, despite knowing that the price of housing in the U.S. fell in January. The main reference of the New York park at [...]
Hang Seng rises 1.83 percent, driven by real estate
The Hong Kong stock market rose 1.83 percent today, driven by property values. The benchmark Hang Seng Index rose 378.05 points to end today, closing at 21,046.91. The turnover amounted to 55,120 million Hong Kong dollars (about 7,090 million dollars) over 11,000 million more than on Monday. The four sub-indices closed higher: COMMERCE led gains [...]
The Bank of Spain confirmed that the economy goes into recession and unemployment rises
The Bank of Spain has confirmed today that the Spanish economy entered recession in the first quarter, with a further drop in its GDP, while it has indicated that job destruction has escalated to March. Private consumption and indicators that measure the confidence of consumers and retailers in January and February fell to 2010 levels. [...]
The European market for trading market in February a decline of 10.7 percent
The European market for commercial vehicles registered in February a fall in registrations of 10.7% (131,828 units), which is higher in the European Union, to make a negative 11.3%, with 126,010 records. In February, demand for new vehicle sales declined in all major markets and on average in February had a day’s work throughout the [...]
Bernanke’s remarks help Wall Street close with gains
A word from the head of the Federal Reserve (Fed) Chairman Ben Bernanke on the weak labor market in the U.S. today were well received on Wall Street, which is approaching its best first quarter since 1998 after Ben Bernanke defended its policy monetary expansion. The main reference of the parquet New York, the Dow [...]
U.S. Nominee to chair the World Bank traveling to Africa, Asia and Latin America
Jim Yong Kim, the U.S. nominee to head the World Bank (WB), travels from this Tuesday until April 9 in Africa, Asia and Latin America to hear opinions on the future of the institution in the process of choice. The Treasury Department today announced U.S. tour, including Ethiopia, China, Japan, South Korea, India, Brazil and [...]
Starts in Argentina Latin American ministerial conference of the FAO
Ministers of agriculture and technical staff from 32 countries in Latin America and the Caribbean began today in Buenos Aires XXXII Regional Conference of the Organization of the United Nations Food and Agriculture Organization (FAO), confirmed an official sources. The meeting, which runs through next Friday, will address the main challenges of the international food [...]
