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The international economy is still fragile and vulnerable to shocks despite recent improvements in financial markets, the managing director of the International Monetary Fund said Monday. Dominique Strauss-Kahn told business leaders in London that he believes... International Monetary Fund - Dominique Strauss-Kahn - World economy - Economic - Business
For reporters interested in writing about topics relevant to Canada's mid-sized businesses and privately owned companies, please see the enclosed Business Adviser, released by KPMG Enterprise.
Dec. 2 (Bloomberg) -- Russia must cut its key interest rate a further 2 points this month or risk attracting speculative capital that will spur ruble volatility and damage the economy, said Martin Gilman , head of the International Monetary Fund’s Moscow office during the 1998 default.
Good morning, it’s Wednesday December 2 and it’s going to be a cold and cloudy day in Central Texas. It’s the 40th anniversary of the establishment of a national park that pays tribute to a powerful president from Texas.
Dec. 2 (Bloomberg) -- Stephen Harper , making his first trip to China as Canada’s prime minister, will encourage companies such as China Petroleum & Chemical Corp.
NEW DELHI -(Dow Jones)- India is close to securing a $1 billion loan from the World Bank to fund a recently-launched program to clean and conserve the Ganga river, Environment Minister Jairam Ramesh said Wednesday.
Dec. 2 (Bloomberg) -- European banks are emerging from the credit crisis bigger than before, posing more risk to their national economies. BNP Paribas SA , Barclays Plc and Banco Santander SA are among at least 353 European lenders that have increased in size since the beginning of 2007, according to data compiled by Bloomberg.
DUBLIN----Research and Markets has announced the addition of the "China Start-up Opportunity Forum & Market Trend Summit 2010" conference to their offering.
Government-owned Dubai World will meet its main creditors next week to discuss a request to delay payment on $26 billion in debt that has shaken global markets and confidence in the Gulf Arab business hub.
Dec. 2 (Bloomberg) -- Latvia’s 2010 budget, which passed through parliament last night, will ease concern that the Baltic state may devalue the lats as the fiscal bill paves the way for more international loan disbursements, said JPMorgan Chase Bank.
ROLLE, Switzerland – December 2, 2009: A new style of performance saloon – brimming with passion, craftsmanship and driver appeal – comes to Europe in 2010 as the world’s newest luxury automotive brand Infiniti faces up to the traditional executive car hierarchy for the first time.
Dec. 2 (Bloomberg) -- The Philippine government said it may borrow more as damage caused by a series of storms rose to $4.4 billion and the World Bank predicted the country’s economic growth may be hurt by the natural disasters.
(AP:GENEVA) Almost two dozen emerging countries agreed Wednesday to cut tariffs on some goods by 20 percent as part of a deal that aims to stimulate trade in the developing world.
On Dec. 2, 1859, militant abolitionist John Brown was hanged for his raid on Harpers Ferry the previous October. Artist Georges-Pierre Seurat was born in Paris.
SAO PAULO (Dow Jones)--The Brazilian real opened stronger against the U.S. dollar Wednesday after the release of bullish industrial production data. The real opened at BRL1.7183 to the dollar, stronger against the Tuesday close of BRL1.7220.
Dec. 2 (Bloomberg) -- Brazil, whose Amazonia rainforest is the biggest in the world, wants a new climate agreement to limit the use of forests to slow global warming, putting a crimp on investors hoping to create carbon credits from trees.
