Iraq crisis threatens world economic recovery
Military advances in Southern Iraq by Sunni Islamist anarchists, who took over two Iraqi cities earlier this week could disrupt oil supplies if Baghdad doesn’t re-establish its a
Further Easing, QE3, possible; Federal Reserve Chief Ben Bernanke
Federal Reserve Chairman Ben Bernanke indicated yesterday that a third round of easing is an option if economic conditions worsen further, after a meeting in Washington with U.S ce
PBOC reports drop in Lending by Chinese Banks, Money Growth Slowdown
Lending by banks in China has dropped to 551.6bn Yuan ($85bn; £52bn) in new loans, as compared to April lending which amounted to 739.6bn Yuan, according to data released by the 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
