All Entries Tagged With: "global-economy"
The Top Banking Brand: Buy Goldman Sachs
With banks slowly improving their stature within the financial world we have to look at who has the most recongizble brand and is one of the strongest buys. I say Goldman Sachs (GS) wins hands down and here’s why you should buy. My five reasons to own GS.
Obama under fire on trade as Asia-Pac leaders meet
SINGAPORE (AFP) – US President Barack Obama came under fire Saturday from Asia-Pacific leaders for backsliding on free trade as a regional summit devoted to driving the world economy out of crisis opened in Singapore. “President Obama is facing severe political constraints that run counter to free trade,” Mexican President Felipe Calderon said, complaining about US foot-dragging on full implementation of the NAFTA pact for North America
APEC to back "market-oriented" currencies (Reuters)
By Bill Tarrant Reuters – Foreign Ministers and Trade Ministers from APEC countries pose for a group photograph with World Trade Organisation Director … SINGAPORE (Reuters) – Asia-Pacific governments were expected on Thursday to stick with economic stimulus plans and make a joint call for market-oriented exchange rates to ensure the fragile recovery under way can be sustained. Finance ministers from the Asia Pacific Economic Cooperation (APEC) forum met in Singapore to discuss strengthening the post-crisis global economy to prevent asset bubbles and excess leverage with prudent macroeconomic and regulatory policies.
Gold hits record above $1,120 on weak dollar
By Risa Maeda TOKYO (Reuters) – Gold hit a record high on Thursday for the second straight day as investors focused on the precious metal’s appeal as a hedge against a weakening dollar. Risk tolerance was also increasing after strong factory output data from China pointed to a strengthening global economy, boosting commodities prices and another factor supporting the precious metal. Gold is often seen as a hedge against energy price-led inflation Gold hits record above $1,120 on weak dollar is a post from: Penny Stock and OTCBB News
