World Bank worried about rising interest rates could trigger rapid inflation and slow economic recovery, especially in Europe and the United States (U.S.).
“It’s the same as waiting for the bubble burst and then clean it and after it will be a new lesson is not expected,” said World Bank President Robert Zoellick in an article [...]
World Bank Concerned About Increase in Interest Rates
Construction sector disappoint Dow Jones
The Dow Jones closed 11 points lower in trading Wednesday (18/11/2009) local time, as the monthly data release of the home construction sector and disappointing projections. Observed, the index ended the day lower its highest level in 13 months.
Some analysts said the index needed to rest a few days after the last reinforcement. “A little [...]
2010 Predicted USD63 per barrel
The World Bank predicts oil prices in 2010 are in the range of USD63 per barel. Before the World Bank predicted in 2009 the price of $ 55 oil, 5 per barrel.
In the report “Economic Development and Prospects,” World Bank rate for 2010 oil price USD63 per barrel to avoid a crisis in the oil [...]
Market Flash eTrading
Dow Jones: In yesterday’s trading the U.S. stock return weakening of the affected home sales decline was unexpected and the Fed said it would cut two programs to stimulate the credit markets, while oil prices fell to their lowest monthly level in line with the strengthening dollar. Alcoa Inc.., General Electric Co.., And Caterpillar Inc.. [...]
