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By Simon Kennedy and Rich Miller |
May 12, 2013
America’s aggressive strategy for tackling its financial and economic ills is working better than Europe’s go-slow approach.
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By Phil Flynn |
April 19, 2013
OPEC is showing more concern about the rapid drop in oil prices. While a call from the hawks for a meeting is not unusual, it seems that OPEC special meeting or not will more than likely reign in production unless prices rebound dramatically.
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By Sandrine Rastello, Bloomberg |
April 16, 2013
The International Monetary Fund cut its global growth forecast and urged European policy makers to use “aggressive” monetary policy as a second year of contraction leaves the euro area’s recovery lagging behind the rest of the world.
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By Jeff Kearns, Bloomberg |
April 11, 2013
Global central banks buying assets and keeping interest rates low to boost growth have had “positive short-term effects for banks” even as risks from the policies are increasing, the International Monetary Fund said.
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By Sandrine Rastello, Bloomberg |
April 10, 2013
The global economy won’t gain much traction this year as Europe and Japan fail to recover and lag behind other developed economies, International Monetary Fund Managing Director Christine Lagarde said.
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By Bloomberg News |
April 7, 2013
IMF Managing Director Christine Lagarde said that while a “substantial portion” of the global economy appears better, risks persist.
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By John Detrixhe, Bloomberg |
April 3, 2013
The yen gained versus the dollar, erasing yesterday’s loss, amid speculation a decision tomorrow by the Bank of Japan will signal its monetary-easing efforts will fall short of its goals and fail to reignite inflation.
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By Rebecca Christie, James G. Neuger and Svenja O’Donnell |
March 24, 2013
Cyprus agreed to the outlines of an international bailout, eliminating the threat of default.
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By Jim Brunsden and Rebecca Christie, Bloomberg |
March 19, 2013
European Union lawmakers and national governments clinched a provisional deal on legislation to turn the European Central Bank into a supervisor.
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By Jon Nadler |
January 18, 2013
Gold prices touched a one-month high near $1,699 on Thursday as a slightly weaker greenback and a spike in black gold inspired short-term specs to buy the metal at its daily lows in the morning hours.