WASHINGTON (Reuters) – Countries must not be complacent about the state of the global economy, despite brighter signs of recovery, Japanese Finance Minister Naoto Kan on Saturday warned his counterparts at the International Monetary Fund. READ MORE »
Posts tagged economy
Canadian bonds beat world
Returns in Canada’s bond market exceeded the rest of the world in 2010, gaining the most in five years, and may outperform again this year amid record foreign purchases of the nation’s fixed-income securities. READ MORE »
Facebook: Pay or get out
As Facebook starts to host all sorts of commerce — and is now mandating the use of its currency — perhaps it’s time to stop thinking of it as a company and start thinking of it as a country. READ MORE »
Germany ready to help Greece soon if it saves more
Merkel says will help if Greece agrees tougher savings.
Says agreement for aid could come in matter of days.
Says Germany feels obligation towards euro’s stability. READ MORE »
Sales of New Homes in U.S. Jump to Two-Year High
Purchases of new homes in the U.S. jumped in April to the highest level in two years as buyers rushed to qualify for a government tax credit before it expired at the end of the month. READ MORE »