Politics

Saturday, November 9th 2013 - 18:27 UTC
Bank of England leaves rates unchanged; focus on next week's inflation report

Bank of England has left interest rates unchanged at 0.5% and made no change to its program of quantitative easing, as had been widely expected. The decision came as no surprise as the Bank has said it will not consider a rate rise until the unemployment rate falls below 7%.
Saturday, November 9th 2013 - 18:21 UTC
US economy picking up: more jobs in October and 2.8% growth in third quarter

The US economy added a better-than-expected 204,000 jobs in October, according to the latest figures from the Labor Department. There had been fears that the 16-day shutdown of government services last month could have hit jobs growth.
Saturday, November 9th 2013 - 18:03 UTC
China begins secret meeting to decide reforms and course of next decade

China began a four-day secret meeting on Saturday to set a reform agenda for the next decade as they try to push more sustainable growth after three decades of breakneck expansion. But analysts have cautioned against expectations for big changes as they say stability remains the watchword for the leadership.
Saturday, November 9th 2013 - 17:55 UTC
Food commodity markets more balances and less price volatile, says FAO

Food commodity markets are becoming more balanced and less price volatile than in recent years thanks to improved supplies and a recovery in global inventories of cereals, according to FAO's Food Outlook report published on Friday.
Saturday, November 9th 2013 - 06:02 UTC
October inflation eases in Brazil but food prices keep steady

Consumer prices in Brazil edged up last month but remained stable at 5.8% over 12 months, the Brazilian Institute of Geography and Statistics (IBGE) reported Thursday. It put October inflation at 0.57%, up from 0.35% the previous month.
Saturday, November 9th 2013 - 05:49 UTC
Westminster addressed Spain's Guardia Civil 'dangerous and provocative' actions in Gibraltar waters

British Labor MP Jim Dobbin has filed an early day motion calling on the House of Commons to condemn the actions of the Spanish Guardia Civil crew that led to “an armed stand-off” with Royal Navy vessels in Gibraltar waters last week.
Saturday, November 9th 2013 - 03:31 UTC
Group of Argentine bondholders plan 'private debt swap' to holdouts

A group of Argentine bondholders will offer creditors suing for the repayment of defaulted sovereign debt a private deal to get them to abandon their litigation, the state-run Télam news agency said.
Saturday, November 9th 2013 - 03:27 UTC
IMF holding constructive talks with Argentina on inflation and GDP data

International Monetary Fund announced it was holding “constructive” talks with Argentina about addressing flawed economic data that led to an unprecedented IMF censure of a member country.
Saturday, November 9th 2013 - 03:24 UTC
Brazilian president recovers from June protests and leads polls for next year's election

Brazilian President Dilma Rousseff is approaching an election year as clear favorite, but she must do more to curb violence and corruption to maintain her popularity, according to a public opinion poll conducted by MDA and commissioned by the private transport sector lobby CNT.
Saturday, November 9th 2013 - 03:14 UTC
Peru is the original home of Pisco, says EU; grief in Chile

Peru has scored a significant victory in the age-old battle with Chile over the origin of the two countries’ most popular liquor, with the European Commission recognizing the former as the original home of pisco