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In a recent speech, French president Nicholas Sarkozy affirmed concerning the economy that talks and agreements with between France and China would be prefferable regarding the under-evaluation of...
Recent statistics published by the International Alumimium Institute show that the aluminium production on a daily basis in the world increased to an average of about 99,600 tonnes in the first half...
Ben Simpfendorfer, one of the strategists for the Royal Bank of Scotland in Hong Kong affirmed that Central Bank of China's recent hike in interest rates is a both useful and expected step, but...
There is likely to be a slowdown of US economic growth in the forthcoming months following the downturn in the housing industry which is taking a deeper expense on businesses and customers, a...
Jul 26 2007, 20:58 - 0 Comments
255. Sarkozy Hasn't Sought End To ECB Independence
In a recent speech, David Martinon, president Sarkozy's spokesman, stated that never has France demanded the end of the independence of the ECB. These remarks made at the Elysee Palace followed...
Jul 26 2007, 20:58 - 0 Comments
256. Lead surplus dwindles as Chinese demand surges, output dips
The group with the International Lead and Zinc Study affirmed in it's montly report in July that the global lead surplus has been exhausted by strong asian demand, among which China, and the...
There is a good progress in the evolution of the global economy at present, even though worries are being spread by a spike in food prices, and concerns saying the growing demand will bring...
Jul 26 2007, 20:57 - 0 Comments
258. HBOS sees UK savings topping 1 trn pounds for first time in 2007
The HBOS company, one of UK's biggest mortgage lenders, has esimated savings in the country of up to 1 trillion pounds, the largest sum ever, by the end of the year. HBOS stated that despite...
July's manufacturing index of the Philadelphila Federal Reserve is supposed to show the slowdown of the regional growth in July, from June's surprinsingly high reading. On Thursday, the Philly...
Jul 26 2007, 20:52 - 0 Comments
260. US stocks suffer sharp decline
The United States stock market suffered a sharp decline on Tuesday as doubts over mortgage lending continued to haunt the economy. The Dow Jones index slid 226.47 points, 1.62%, to 13,716.95, the...
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