US Economy Watch

Airport Link languish

news.com.au     29-Aug-2008          

Queensland Investment Corporation chief executive Dr Doug McTaggart on Friday defended his group's multimillion-dollar investment in BrisConnections. His defence came as securities in the company behind the Airport Link...                    

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US: Q2 GDP upwardly revised on higher exports

fxstreet.com     29-Aug-2008          

The preliminary Q2 GDP report showed a change in GDP from 1.9% to 3.3%, while a smaller revision was expected (2.7%). The changes were broadly due to higher net exports as exports were revised up (13.2% from 9.2%) and...                    

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World economy: US recession fears eased by revised figures

guardian.co.uk     28-Aug-2008   12 related          

But some experts believe that the US may not be able to skirt recession for much longer Fears that the US is falling into recession were dispelled, at least temporarily, today when second-quarter growth for the world's...                    

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ft.com: people relaxing outside GUM store Moscow ft.com

Time to pay the bill?

ft.com     28-Aug-2008          

By David Oakley and Rachel Morarjee In the bars of downtown Moscow, there is still a buzz as if all is well in the world. With Russian equities down by 15 per cent for their biggest monthly fall in almost eight years,...                    

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afp.com: afp.com

US economy sees surprise 3.3% spurt

afp.com     28-Aug-2008   84 related          

School teacher Liza Gleason shops for 'Back-to-School' supplies at a Target store in Daly City, California WASHINGTON (AFP) - The Commerce Department revised up last month's estimate of a 1.9-percent annualized pace of...                    

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Dollar down on strong US GDP

news.com.au     28-Aug-2008   4 related          

THE dollar opened weaker today as stronger than expected US economic growth data made traders revisit the idea of an American interest rate rise. At 7am AEST, the dollar was trading at $US0.8623/29, down from yesterday's...                    

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ECB and US Fed want to ease cash access in times of crisis

keralanext.com     28-Aug-2008   9 related          

FRANKFURT - The European Central Bank (ECB), the US Federal Reserve and other central banks plan to ease dollar refinancing rules in times of emergency, the Financial Times Deutschland said on Thursday. According to a...                    

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Days of rage in streets derailing Asia

livemint.com     28-Aug-2008          

Asia has indeed decoupled—not from the US economy, but from political reality.Thailand is Exhibit A. Three years ago, it was the post-Asian crisis role model. Living standards were rising, investors were funnelling in and...                    

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ECB and US Fed want to ease cash access in times of crisis: report

yahoo.com     28-Aug-2008   9 related          

FRANKFURT (AFP) - The European Central Bank (ECB), the US Federal Reserve and other central banks plan to ease dollar refinancing rules in times of emergency, the Financial Times Deutschland said on Thursday. According...                    

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The United States of America is the Next Argentina

marketoracle.co.uk     27-Aug-2008   1 related          

DON'T CRY FOR ME ARGENTINA SAVE YOUR TEARS FOR YOURSELF - While bankers do control the issuance of credit, they cannot control themselves. Bankers are the fatal flaw in their deviously opaque system that has substituted...                    

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