RBA will hold on to 4.75% interest rate; Governor Glenn Stevens
Representative of the lowered economic outlook for Australia, given Europe’s debt crisis and economic slowdown in China and India, the Governor of the Reserve Bank of Australia,
Eurozone Pressures Extend beyond Greece, to Spain and Italy
With Standard & Poor’s cutting their outlook on Italy’s economy from “stable” to “negative”, along with the massive political loss suffered by Spain’s Socialist P
Why China is trying to slow down its off-the-charts economy…
While developed economies like USA, Europe and Australia with current GDPs of 3.1%, 0.3% and 0.7% respectively (according to tradingeconomics.com), are desperately trying to figure