Bulldog75: Europe Urged to Quell Crisis as IMF Wins $430 Bln Boost European policy makers were urged to be tougher and more agile in their efforts to end two years of debt turmoil as the International Monetary Fund won
more than $430 billion to safeguard the world economy. Slump Taught Profligate Americans Value of Saving: Economy
Brazil Mantega Denies Meeting to Discuss Savings Rule Change
Investcorp Said to Eye Sale of Industrial Equipment Supplier IPH
Bulldog75: THATS ON IRAQ FOLKS!!!!!!!!
Read More Link on Right
Bulldog75: Oil traded near the highest level in three days after Iraq halted some crude exports because of a technical fault and International Monetary Fund members pledged more than $430 billion to help protect the global
Futures were little changed in New York after rising 0.2 percent last week. Iraq halted shipments from northern fields because of a fault at a pipeline network in neighboring Turkey, the Oil Ministry said. The country normally
exports 450,000 to 500,000 barrels a day through Turkey. IMF members agreed to almost double commitments to the fund at its spring meetings in Washington yesterday. A report this week may show consumer spending in the U.S., the
world’s biggest crude user, climbed the most since the end of 2010.
Bulldog75: THIS JUST OUT!!!
Myanmar’s President Thein Sein returns home with the support needed to resume financing ports, bridges and roads after winning a debt forgiveness deal from Japan, the Southeast Asian nation’s biggest creditor
Japan will forgive 303.5 billion yen ($3.7 billion) in loans and interest to Myanmar, according to a statement distributed to reporters before Thein Sein met Prime Minister Yoshihiko Noda on April 21. Japan will also roll over 198.9 billion yen of debt, and vowed to resume aid.
Bulldog75: PERSONALLY, I WOULD ONLY FORGIVE A DEBT LIKE THAT ONLY IF WE HAD SOME NEW GUARANTEED MONEY COMING IN. THE TREND IS OUR FRIEND.
Bulldog75 [/b]: HERE COMES GERMANY WITH SUPER ECONOMY NEWS:
German business and investor confidence has beaten forecasts every
month this year, suggesting the strength of Europe’s largest economy may
have been underestimated.
The Ifo institute’s business climate
index, which today unexpectedly rose to a nine-month high, has beaten
the median forecast in Bloomberg News surveys every month since
September. An investor confidence index published by the ZEW Center for
European Economic Research has exceeded the median estimate for the last
Enlarge image German Business Confidence Unexpectedly Increased in April
AG, Europe’s largest carmaker, yesterday predicted a “very demanding”
2012 as the debt crisis threatens economic stability. Photographer:
“German companies taught nervous financial
markets another important lesson today,” said Andreas Rees, an
economist at UniCredit Group in Munich. “One should not underestimate
the German economy and its resilience.”