Tag Archive | "economic recovery"

Oil price slips under $83 (AFP)

Modest gains in the US currency also affected prices as a stronger greenback makes the dollar-denominated commodity more expensive and tends to lead to lower demand.(AFP/File/Carl Court)AFP – Oil dipped underneath 83 dollars per barrel on Tuesday as concerns over the US economic recovery weighed on investor sentiment after poor industrial output data, analysts said.

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Oil dips below 83 dollars in Asian trade

Oil dipped below 83 dollars a barrel in Asian trade Tuesday as concerns over the US economic recovery weighed on sentiment, analysts said.

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Japan cuts economic view as yen bites (Reuters)

Reuters – Japan’s government cut its view on the economy for the first time since February 2009, saying it was at a standstill, as the rising yen and slowing exports threaten to derail a fragile economic recovery.

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Oil dips below 83 dollars in Asian trade

Oil dipped below $83 a barrel in Asian trade as concerns over the US economic recovery weighed on sentiment, analysts said.

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US industrial output drops first time during recovery (AFP)

View of a US car plant. US industry unexpectedly put the brakes on in September, marking the first drop in output since the economic recovery began in July 2009, official data showed.(AFP/Getty Images/File)AFP – US industry unexpectedly put the brakes on in September, marking the first drop in output since the economic recovery began in July 2009, official data showed Monday.

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EU debates new debt rules as euro surges (AP)

AP – European finance ministers worked Monday to hash out a deal on stricter budget rules to avoid another government debt crisis, as a surging euro casts doubt on the continent’s fragile economic recovery.

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EU debates new debt rules as euro surges (AP)

AP – European finance ministers plan to hash out a deal on stricter budget rules to avoid another government debt crisis, as a surging euro casts doubt on the continent’s fragile economic recovery.

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Obama to press for stimulus payments for seniors: WHouse (AFP)

Residents listen during a forum at Greenspring Retirement Community in Springfield, Virginia in 2009. President Barack Obama will press Congress to approve 250 dollar stimulus payments to seniors, veterans and the disabled, the White House said Friday amid persistent worries about the US economic recovery.(AFP/Getty Images/File/Alex Wong)AFP – President Barack Obama will press Congress to approve 250 dollar stimulus payments to seniors, veterans and the disabled, the White House said Friday amid persistent worries about the US economic recovery.

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Nifty ends 114 pts lower; IT stocks take a beating

Indian mkts ended sharply lower near psychological resistance levels Friday, as investors booked profits on concerns of global economic recovery.

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US Fed ups talk of intervention to save recovery (AFP)

US Federal Reserve Board Chairman Ben Bernanke (L) and Treasury Secretary Tim Geithner arrive at the Financial Stability Oversight Council meeting at the Department of the Treasury in Washington, DC on October 1.(AFP/File/Yuri Gripas)AFP – Federal Reserve Chairman Ben Bernanke on Friday gave his strongest hint to date that the US central bank will step in to help the country’s fledgling economic recovery.

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