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Market crisis 'will happen again'

Source: BBC

London : United Kingdom | 2 months ago

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The world will suffer another financial crisis, former Federal Reserve chief Alan Greenspan has told the BBC. "The crisis will happen again but it will be different," he told BBC Two's The Love of Money series. He added that he had predicted the crash would come as a reaction to a long period...

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China to keep yuan weak till crisis

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China to keep yuan weak till crisis China will maintain a weak yuan until its export sector has recovered from the global crisis, prioritising concerns at home despite growing pressure from its major trading partners, analysts say.The United States and European Union have been pushing ...http://www.saudigazette.com.sa/index.cfm?method

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ADB Urges Developing Asia to Use Crisis to Spur Economy and Protect ...

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As Asia begins to recover from the global economic crisis, governments in the region should look to expand social safety nets that can both protect the poor and help spur economic growth, Asian Development Bank (ADB) President Haruhiko Kuroda said today at the start of a three-day conference. "Governments can use ...

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Dollar under scrutiny at G20 summit

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PITTSBURGH, Pennsylvania (AFP) – The embattled US dollar is expected to come under scrutiny at a summit of developing and industrialized nations following China-led calls to review its role as a reserve currency. The dollar issue is bound to surface at the two-day meeting in Pittsburgh as US President Barack Obama and other leaders of the ...

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Exports target unlikely to be achieved

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News Stories

'Another financial crisis inevitable'

News Source: The Economic Times | 2 months ago

Another global financial crisis is inevitable because human nature always reverts to "speculative excesses" during a period of sustained prosperity, former U.S. Federal Reserve Chairman Alan Greenspan said. "The crisis will happen again but it will...
UK's trade deficit narrows less than expected

News Source: Guardian Unlimited | 2 months ago

The Office for National Statistics (ONS) said that Britain's global goods trade gap narrowed fractionally to £6.48bn from an upwardly revised £6.52bn in June...The value of British exports increased by 5% on the month to £19.19bn, its fastest...
UK recovery 'gains traction' on 5% exports rise

News Source: Times Online | 2 months ago

British exports in July rose at their fastest monthly pace since the start of 2008, helping the trade gap to further narrow and boosting hopes of an economic recovery...The weak pound bolstered sales of goods to both non-EU and EU markets. Britain's...
Market crisis 'will happen again'

News Source: BBC | 2 months ago

The world will suffer another financial crisis, former Federal Reserve chief Alan Greenspan has told the BBC. "The crisis will happen again but it will be different," he told BBC Two's The Love of Money series. He added that he had predicted the...