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Archive for the ‘Economic Conditions and Trends’ Category

Emerging Markets Soar Past Their Doubters

Thursday, January 7th, 2010

Staggering gains this decade in Brazil, Russia, China, India and other developing nations have left even some bulls wondering if the good times can last.

author By HEATHER TIMMONS, source www.nytimes.com

Cold and Signs of Stronger Economy Drive Oil Above $81

Thursday, January 7th, 2010

Optimism about a recovery in the United States, the cold weather and a softer dollar helped push the price higher.

author By CLIFFORD KRAUSS, source www.nytimes.com

Iceland’s Leader Vetoes Bill to Repay 2 Lenders

Thursday, January 7th, 2010

The $5 billion compensation deal would have repaid the Britain and Dutch governments for their loans to compensate depositors.

author By LANDON THOMAS Jr. and DAVID JOLLY, source www.nytimes.com

Some at Fed See a Need to Do More for Housing

Thursday, January 7th, 2010

Some members of the Federal Reserve suggested the bank may have to expand measures to help mortgage markets.

author By DAVID STREITFELD and JACK HEALY, source www.nytimes.com

Mixed Data in Britain Prompts Bank to Keep Rates Unchanged

Thursday, January 7th, 2010

The central bank held steady on interest rates and monetary stimulus amid mixed signals on the recovery in Britain. Separate data showed the rebound in the euro area progressing.

author By MATTHEW SALTMARSH, source www.nytimes.com

Contrarian Investor Predicts Economic Crash in China

Thursday, January 7th, 2010

James Chanos, who predicted Enron’s collapse, insists that the economic boom, too, in China is headed for a fall.

author By DAVID BARBOZA, source www.nytimes.com

As Spain’s Economy Falters, Bank Robberies Rise

Wednesday, July 29th, 2009

Robberies in 2009 are running 20 percent ahead of 2007’s pace in the nation with Europe’s highest jobless rate.

author By NELSON D. SCHWARTZ, source www.nytimes.com

European Union Puts Out the Welcome Mat for Once-Aloof Iceland

Wednesday, July 29th, 2009

The blessing by European foreign ministers of Iceland’s application raised questions about whether the bloc was losing the will to incorporate nations in the Balkans.

author By STEPHEN CASTLE, source www.nytimes.com

A Debate Rages in Iceland: Independence vs. I.M.F. Cash

Wednesday, July 29th, 2009

The island nation is locked in a fierce debate over how to pay off its creditors without ceding too much of its vaunted independence.

author By LANDON THOMAS Jr., source www.nytimes.com

Philadelphia Fed Reports Decline in Factory Activity

Friday, June 20th, 2008

Activity at mid-Atlantic factories has fallen for a seventh consecutive month, while new data on unemployment benefits points to a sluggish labor market.

author By REUTERS, source www.nytimes.com

China Sharply Raises Energy Prices

Friday, June 20th, 2008

China is faced with increasingly severe fuel shortages for truckers and farmers and the prospect of blackouts during the summer air-conditioning season.

author By KEITH BRADSHER, source www.nytimes.com

Investment Boom Gives a Lift to the Russian Economy

Tuesday, June 17th, 2008

Russia’s economy expanded an annual 8.5 percent in the first quarter, higher than economists expected, as consumer demand fueled an investment boom.

author By BLOOMBERG NEWS, source www.nytimes.com

Shares Are Mixed as Oil Price Declines

Tuesday, June 17th, 2008

Wall Street started the week with a mixed finish on Monday as investors weighed volatility in oil prices against new hope for the financial sector after Lehman Brothers posted results.

author By THE ASSOCIATED PRESS, source www.nytimes.com

Booming, China Faults U.S. Policy on the Economy

Tuesday, June 17th, 2008

Americans once scolded the Chinese on mismanaging their economy. But in recent weeks, the fingers have been wagging in the other direction.

author By EDWARD WONG, source www.nytimes.com

British Inflation Hits a 10-Year High

Tuesday, June 17th, 2008

Inflation in Britain reached the highest level in more than 10 years in May, fanning fears that the country is moving closer to a recession.

author By JULIA WERDIGIER, source www.nytimes.com

Producer Prices Rise 1.4% in May

Tuesday, June 17th, 2008

The rate was the fastest in six months, but core inflation — excluding food and energy — grew only moderately.

author By THE ASSOCIATED PRESS, source www.nytimes.com

Inflation Worries Unsettle Global Markets

Tuesday, June 10th, 2008

Fears of rising interest rates in Europe and the United States and their effect on already faltering consumption dragged share prices lower in Europe on Tuesday after a sell-off in Asia.

author By MATTHEW SALTMARSH and KEITH BRADSHER, source www.nytimes.com

Chinese Stocks Plunge 8.1 Percent

Tuesday, June 10th, 2008

The Shanghai and Shenzhen markets fell after an increase in Chinese bank reserve requirements, increased worries about high food and oil prices, and fears about exports to the United States.

author By KEITH BRADSHER, source www.nytimes.com

Surprise Increase in Pending Home Sales

Tuesday, June 10th, 2008

Pending sales unexpectedly increased in April to the highest reading since October, but they remain more than 13 percent below a year ago, an industry group said.

author By THE ASSOCIATED PRESS, source www.nytimes.com

Bush Talks Up Dollar as He Heads to Europe

Tuesday, June 10th, 2008

Amid soaring oil prices and worrisome inflation, the White House is joining with the Federal Reserve in calling for an end to the dollar’s slump.

author By SHERYL GAY STOLBERG and STEVEN R. WEISMAN, source www.nytimes.com