After months of an economic slump, Europe's main stock markets have bounced back as economic growth in Germany and France boosted investors' sentiment.
Germany, the region's biggest economy, published on Friday its best quarterly GDP growth since 1990 of more than two per cent in the second quarter.
The country helped lift growth in the eurozone overall to one per cent and more than made up for the struggling economies of Greece, Spain and Ireland.
That rate of German expansion is unlikely to last, and early gains for European shares slipped back again, as did the euro's rise against the dollar. But traders, it seems are happy.
Al Jazeera's Rory Challands reports.
Saturday, August 14, 2010
Friday, August 13, 2010
Tuesday, August 10, 2010
Fed To Buy More Government Debt; Rates Remain Low
AssociatedPress--August 10, 2010--
The Federal Reserve said it will use the proceeds from its investments in mortgage bonds to buy government debt on a small scale. Economists say that could help nudge down interest rates, but won't have a dramatic impact on stimulating growth.
The Associated Press 2010
The Federal Reserve said it will use the proceeds from its investments in mortgage bonds to buy government debt on a small scale. Economists say that could help nudge down interest rates, but won't have a dramatic impact on stimulating growth.
The Associated Press 2010
Monday, July 26, 2010
WikiLeaks Disclosure Raises Serious Questions About U.S. Policy In Afghanistan! Sen John Kerry
July 26, 2010 MSNBC : WikiLeaks Disclosure Raises Serious Questions About U.S. Policy In Afghanistan! Sen John Kerry
Oakland to Authorize Marijuana wholesale cultivation ?
City moves closer to authorizing wholesale marijuana cultivation
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