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The Yuan And The Failure Of Diplomacy
Jul.02,2010
When the Federal Reserve Open Market Committee meets on Wednesday, no one expects it to raise the federal funds rate - the overnight bank rate that now hovers below 0.25%. However, businesses, politicians and prognosticators are eager, perhaps inappropriately so, to hear clues about when it will begin raising short-term interest rates to a more normal level.Read More + -
Australian Consumer Confidence Drops In June
Jul.02,2010
AUSTRALIAN consumer sentiment dropped significantly for a second straight month in June, providing more evidence the Reserve Bank of Australia may remain on hold for the time being after raising rates aggressively in the past nine months. For June, an index of consumerRead More + -
Headache Avoided, Hurdles Ahead
Jun.22,2010
AN OLD Yugoslav song celebrated the unity of the country from the Vardar, the river that runs through Macedonia, to Triglav, Slovenia’s highest mountain. Today’s ex-Yugoslav policymakers from the Vardar to Triglav are once againRead More + -
Obama Doctrine Hinges On Economy
Jun.22,2010
Barack Obama issued formal burial rites for the George W. Bush neoconservative era with the release of his first national security strategy, which calls for a “renewal of American leadership” by working with other countries and reinvigorating the domesticRead More + -
NRF Predicts Retail Sales Will Rise 2.5% In 2010
Feb.04,2010
Retail could return to 2007 levels by 2011 if recovery continues as forecast. Expecting the job and housing markets to improve this year, the National Retail Federation today predicted 2010 retail sales will climb 2.5% comparedRead More + -
Chinese Exports Reture To Growth
Jan.15,2010
China’s exports rose in December for the first time in 14 months, providing fresh evidence of recovery in the global economy but also placing renewed pressure on Beijing to appreciate itsRead More + -
20 Fair Trade Vendors Will Be Represented
Jan.07,2010
In January, the California Gift Show and the Fair Trade Federation are joining forces again to offer the largest Fair Trade Pavilion in the industry, Jan. 15-18, 2010.Read More + -
London Retail Sales Show Best Growth For Three Years
Dec.21,2009
The BRCs London Retail Sales Monitor reports that sales in the capital were 13.3% higher, on a like-for-like basis, than November last year, postingRead More + -
China's Monetary Policy To Remain Unchanged
Aug.10,2009
The Chinese government will not change its stimulus policies because it could derail its hard-won economic recovery, though record bank lendingRead More + -
Premier: China's Economic Policy Unchanged
Aug.10,2009
Chinese Premier Wen Jiabao said the government's mix of active fiscal policies and relaxed monetary settings must stay in place while economic growth faces domesticRead More +