Monday, July 14th, 2008
Brazil's national federation of industry has lowered its forecast for the country's economic growth this year from 5.0 percent to 4.7 percent, local media reported Sunday.
Due to surging food prices around the world, Brazil's inflat ...
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Saturday, July 12th, 2008
Chile and Turkey ended the second round of negotiations on a Free Trade Agreement (FTA) on Friday in Turkey's capital Ankara, the Chilean Foreign Ministry said.
Carlos Furche, general director of the International Economic Affairs o ...
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Friday, July 11th, 2008
The dollar was mixed against major currencies on Thursday after comments from U.S. top economic officials mildly helped the greenback in credit worries.
The dollar was under pressure of renewed credit worries after shares of Fannie ...
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Wednesday, July 9th, 2008
The state-invested Industrial Bank of Korea (IBK) said it plans to support smaller firms by extending more loans from late July as they are facing greater pressure under the slowing economic growth, Yonhap news agency reported.
"Ami ...
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Friday, June 27th, 2008
Wall Street plunged Thursday with Dow Jones closing lowest in nearly two years as a series of bad economic news hit the market and oil prices set a new record at 140 U.S. dollars a barrel.
Light, sweet crude for August delivery sett ...
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Thursday, June 26th, 2008
The International Monetary Fund (IMF) has warned the United Republic of Tanzania of the negative impact of the rising oil prices on the country's economic development.
The IMF said in its recent country report that if current oil pr ...
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Wednesday, June 25th, 2008
The Global Music Valley Cultural Industry Park project had officially been contracted to enter the Shushan Economic Development Zone in Hefei, in China's Anhui Province.
According to the plan, the sound collection centre, covering 12 ac ...
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Wednesday, June 25th, 2008
A slowdown of the European economy will continue at least until the first half of 2009, when the first signs of a recovery will be seen, Greek Economy and Finance Minister George Alogoskoufis said here on Tuesday.
Addressing the Gre ...
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