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
Japan Still Have High Debt
TOKYO – The Organization of Economic Cooperation and Development (OECD) rate reform Japanese government debt has not appeared. Japanese government debt still increased.
“Japan’s budget deficit approaching 10 percent of gross domestic product (GDP). Japanese government debt continues to rise, exceeding 200 percent in 2011,” said OECD Secretary General Angel Gurria in Tokyo yesterday. He hoped [...]
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 [...]
Singapore Claims Economic Crisis Ends
SINGAPORE – Singapore said State recession due to the worst global economic crisis that had clung State Lions began the end.
These data indicated the existence of the Singapore economy to grow throughout the second quarter, within three months to September.
Official data released Thursday showed the local time of the gross domestic product (GDP) to 14.2 [...]
