 AFP |
FOREX-Dollar rises, sterling falls on S&P ratings news
Reuters Analysts said the news reminded markets that the global economy still faces challenging times despite recent signs that the worst of the crisis may be past. That sentiment boosted safe-haven demand for the dollar and weighed on riskier assets such as … Dollar falls to lowest this year, sterling recovers Euro hits four-month high against US dollar Dollar hits 4-month low |
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Don't Believe The Optimists
Forbes, NY Recent data suggest that the rate of economic contraction in the global economy is slowing down, and that we are closer than we were six months ago to the trough of the recent severe global recession. But while the rate of economic contraction is now … Weed Killer To Green Shoots |
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Depressions Everywhere….Alstry could use some help
Motley Fool Steep declines in the economies of three of the US's biggest trading partners — Mexico, Japan and Germany — underscored the severity of the global recession and put pressure on major industrialized nations to revive moribund global trade talks. … |
 Straits Times |
Japan's GDP Shrinks as Consumer Spending Feels the Pinch
Wall Street Journal By YUKA HAYASHI TOKYO — Japan's economy faced its steepest contraction on record in the first quarter, as the impact of the global economic slump spread from its export sector to domestic consumers. But recent improvements in manufacturing activity … Video: Japan GDP in worst postwar shape Japan Economy Shrinks Record 15.2% as Exports, Spending Plunge Japan economy shrinks at record 15.2 percent pace |
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 MiamiHerald.com |
Taiwan's Economy Shrank By Record on Export Decline
Bloomberg “Taiwan will also benefit from improved demand from China as effects of the stimulus package start to show.” Still, global policy makers are cautioning it may be too soon to say a recovery is assured. In a report yesterday, Federal Reserve officials, … Taiwan economy shrinks record pace, outlook cut RPT-POLL-Taiwan Q1 GDP seen contracting record 9.2 pct y/y Taiwan shrinks by 10.24% |
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