Economy

Wednesday, June 25th 2008 - 21:00 UTC
WTO plans final push for Doha round talks next July 21

World Trade Organization (WTO) Director-General Pascal Lamy called on Wednesday for a group of ministers from thirty main countries to meet from July 21 to push the Doha round of global free trade talks toward conclusion, diplomats said.
Wednesday, June 25th 2008 - 21:00 UTC
US Federal Reserve leaves interest rate unchanged at 2%

In a move which did not surprise, the US Federal Reserve on Wednesday kept interest rates unchanged at 2%. In its usual release following the two day meeting the Open Market Committee said that “recent information indicates that overall economic activity continues to expand, partly reflecting some firming in household spending”.
Wednesday, June 25th 2008 - 21:00 UTC
Talented workforce becoming growingly borderless and global

Manpower Inc. released this week the results of its Borderless Workforce survey of nearly 28.000 employers across 27 countries and territories revealing that 31% of employers worldwide are concerned about the impact on the labor market from talent leaving their country to work abroad
Wednesday, June 25th 2008 - 21:00 UTC
US 2008/09 soybean crop larger than 2007/08 harvest

The US 2008-09 soybean crop is forecast at 81.90 million tons, down 2.5 million tons from a previous estimate after heavy rain in the US Midwest, according to Hamburg-based oilseeds analysts Oil World.
Tuesday, June 24th 2008 - 21:00 UTC
ECB member wants “tough” reply to “alarming” inflation

European Central Bank council member Klaus Liebscher said the bank has to be “tough” when deciding on interest rates and described the current inflation in the Euro zone as “alarming”, according to an interview with Market News International.
Tuesday, June 24th 2008 - 21:00 UTC
IMF: current situation testing Latam achievements

IMF chief Dominique Strauss-Kahn warned on Monday of the rising threat of inflation in Latin America, urging policymakers to take steps to contain the shock to prices from energy and food.
Tuesday, June 24th 2008 - 21:00 UTC
Beijing calls on industry to absorb higher energy costs

China will cap price rises by manufacturers to keep consumer inflation stable following the country's fuel price hike, the National Development and Reform Commission said in a statement over the weekend.
Tuesday, June 24th 2008 - 21:00 UTC
Lux & Ireland richest countries in EU; UK above average

Luxembourg is by far the richest country in the European Union, with Ireland second at almost half its gross domestic product per capita, while Bulgaria is the poorest, according to the latest release from the European Union statistics office.
Monday, June 23rd 2008 - 21:00 UTC
Venezuelan economy displaces Argentina as third largest

Venezuela will replace Chile as the country with the region's highest GDP per capita and Argentina as the region's third-largest economy, according to a Latin Business Chronicle analysis of data from the International Monetary Fund (IMF).
Sunday, June 22nd 2008 - 21:00 UTC
Brazil plans to invest 40 billion U$D in agriculture 2008/09

Brazil will be announcing this week the annual investment plan in support for agriculture and livestock which is estimated to increase 12% totaling in the region of 40 billion US dollars, said Agriculture Minister Reinhold Stephanes.