Tag: Money
Wall Street faces the challenge of extending its rally
Wall Street has managed to sign two historic weeks, in which the Dow Jones (DJI – news) has pocketed eight consecutive records, but the challenge now is to extend this rally after having met on Friday with his first trip. The benchmark index fell yesterday New York park without enough gas to continue his impressive [...]
More Trade Agreement Needed To Foster Economic Growth
The U.S. president, Barack Obama, said the signing of more trade agreements must be an important part of government efforts to bolster economic growth and create jobs. Obama says that further trade agreements to help create jobs in this country. “Part of this is to ensure the realization of strong trade agreements,” Obama said at a [...]
The UK wants Argentina to return a debt prior to the war
The UK wants Argentina to return a debt of 45 billion pounds (71.41 million dollars at current exchange rates) for a loan in 1979 to the military junta in Argentina, which financed, in part, weaponry used in the invasion of the Falklands, the Financial Times reported today (FT). With that amount, the Government of Argentina [...]
China Calls for “Responsible Attitude” to the U.S. in Terms of Monetary Flexibility
The Chinese central bank governor, Zhou Xiaochuan, called for the United States on Tuesday to adopt a “responsible attitude” in the monetary to prevent capital flows to emerging economies, the agency Dow Jones. At a time when financial markets expect further monetary easing measures by the U.S. Federal Reserve (Fed) to support the activity in [...]
The growth of money supply in circulation rises in February to 2.8 percent
The growth of money supply in circulation in the euro area, measured by the M3 monetary aggregate, rose in February by 2.8% yoy, compared to 2.5% in January, while private sector credit showed a moderate slowdown. The European Central Bank (ECB) announced today that the monetary expansion in the euro area rose 2.3% between December [...]
IDB and China build an investment fund of 1,000 million dollars in Latin America
The Inter-American Development Bank (IDB) today announced the formation of an investment fund in Latin America and the Caribbean with China worth 1,000 million dollars, focused on sustainable development projects. The fund, expected to start operations later this year, is the result of a letter of intent signed by the IDB and the Export-Import Bank [...]
Latin America will grow to 3.6 percent despite the global crisis
Latin America expects to record a robust growth rate of 3.6% by 2012, resulting from better management of macroeconomic policies during the crisis, so the challenge now is to advance the competitiveness of the region, explained today IDB and World Bank (WB). Both Vice President of Inter-American Development Bank (IDB), Santiago Levy, as the vice [...]
Experts In Beijing Pessimistic About The Future Of The EU
Economists gathered today at the China Development Forum, which brings together business leaders and representatives of many multinational organizations such as the Managing Director International Monetary Fund (IMF), Christine Lagarde, today showed its pessimism about the economic future of the European Union (EU), despite the recent approval of second bailout for Greece. “For countries like [...]
Eurozone is about to deliver the first part of the second rescue of Greece
The euro zone is about to deliver on Wednesday the first part of the second rescue of Greece, said the president of the Eurogroup, Jean-Claude Juncker said in a statement. “All parliamentary procedures have been completed” to deliver “the first part, equivalent to 39,400 million,” Juncker said in a statement. Greece needs urgent funds to [...]
German Finance Minister said that Spain is not Greece
Spain is not Greece, said Monday the German finance minister, Wolfgang Schauble, who said “great progress” made by Spain, despite the government’s announcement that it will break Mariano Rajoy of the deficit target agreed with Brussels this year . “Spain has made much progress,” Schauble said upon arrival in Brussels for the meeting of finance [...]
