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Stories for October 2nd 2012

• Tuesday, October 2nd 2012 - 06:07 UTC

  Argentina moves to control prices of a basket of 300 basic products

  

  Argentina's federal government has ordered supermarkets to offer a basket of 300 basic products at low prices amid a backdrop of what many economists say is one of the highest rates of inflation in the Americas.

• Tuesday, October 2nd 2012 - 05:58 UTC

  Strong private sector and creating jobs, the way out of poverty says World Bank

  

  In developing countries, jobs are a cornerstone of development, with a pay off far beyond income alone. They are critical for reducing poverty, making cities work, and providing youth with alternatives to violence, says a new World Bank report.

• Tuesday, October 2nd 2012 - 05:54 UTC

  Bernanke says stimulus plan directed to create jobs; discards threats of inflation

  

  Federal Reserve Chairman Ben Bernanke delivered a broad defence on Monday of the central bank's controversial bond-buying stimulus plan, saying its actions are necessary to support a flagging economic recovery.