World leaders moved away on Saturday from lockstep policy pledges to secure economic recovery, leaving countries leeway to chart their own courses in taming government debt and clamping down on banks to prevent another financial crisis.
(Corrects reference to Doha round in paragraph 7)
World leaders neared agreement on Saturday to halve their budget deficits within three years but, fearing spending cuts would jeopardize a fragile recovery, they planned to allow each country to set its own pace.
European policymakers defended budget austerity plans on Thursday ahead of a G20 summit set to pit calls for fiscal restraint against warnings that heavy cost-cutting threatens recovery.
IBTimes had an interview with James Turk, Founder & Chairman of GoldMoney.com.
Who is your target audience?
We have around 15,000 clients all over the world, and they share one common aim. They want to protect their wealth from the turmoil of national currencies and the uncertainty surrounding the ongoing financial crisis. So they want to own gold and find GoldMoney a convenient, economical and most importantly, a safe way of doing that. There is over $1 billion of customer assets in GoldMoney...
IBTimes had an interview with James Turk, Founder & Chairman of GoldMoney.com.
Who is your target audience?
We have around 15,000 clients all over the world, and they share one common aim. They want to protect their wealth from the turmoil of national currencies and the uncertainty surrounding the ongoing financial crisis. So they want to own gold and find GoldMoney a convenient, economical and most importantly, a safe way of doing that. There is over $1 billion of customer assets in GoldMoney...
Employers in most economies are more likely to add workers than three months ago, including those in the United States, but big gains are limited to booming emerging economies like Brazil, India and China, according to a quarterly survey by Manpower Inc .
Wal-Mart Stores Co international employees have been given their marching orders from the company's chief executive: Grow, grow, grow!
Asia is one of the more interesting gas markets in the world. Places like Thailand and its southeast Asian neighbors have seen phenomenal demand growth over the last several years. Total has said they're in Thailand for gas. (Part of the reason I believe Thai shale gas may become an interesting play over the coming years.)
Josephine Jimenez has a chunk of money to invest and she is hunting for opportunities in the usual places -- Zimbabwe, Tunisia, Sri Lanka, among others. Jimenez is a specialist in so-called frontier markets. She stacked up a million air miles long ago.
United Nation's Food and Agriculture Organisation said global wheat crop is to fall by more than 7 million tonnes this year as poor prices turn farmers off the grain. The global wheat harvest will come in at 675m tonnes this year, below last year's level and the record 683.8m tonnes set in 2008, FAO said in a report.
SINGAPORE (Reuters Life!) - Nothing makes us happier than our families and loved ones, a new study shows, with face-to-face socializing beating reaching out to people online hands down.
A renewed selling frenzy gripped euro zone financial markets on Tuesday as concern mounted that a record EU/IMF bailout for Greece would not stop a debt crisis spreading in the single currency area.
Striking public workers challenged the Greek government's bailout-for-austerity deal with the EU and IMF on Tuesday as investors fretted about Athens' ability to push through ambitious budget cuts.
The United States on Friday placed Russia on its list of countries with the worst records of preventing copyright theft for the 13th straight year, just days after the two nations agreed to intensify talks on Moscow's bid to join the World Trade Organization.
The IMF and Argentina are talking about sending an IMF technical mission to the country to improve the quality of the government's economic data, a senior IMF official said on Saturday.
The global space business grew to $261.6 billion in 2009, expanding 7 percent from 2008 and 40 percent over the past five years at a time when other industries were slammed by recession, according to a report released Monday by the nonprofit Space Foundation.
Markets saluted a euro zone deal on a huge standby rescue package for Greece, slashing the debt-laden country's borrowing costs and buying its stocks and bonds on Monday as fears of a near-term default evaporated.
The livestock industry and the federal government are allocating $5 million for the research on foot and mouth disease overseas, rather than importing the live virus.
Agricultural seed giant Monsanto Co posted a lower-than-expected quarterly profit and warned that potent competition, primarily in its struggling Roundup herbicide business, would make it hard to meet its 2010 financial targets.
When entrepreneur Blake Mycoskie, didn't just donate some money, he started a company with the goal of putting shoes on the feet of every needy child.
In an attempt to end trade dispute with China, world's top soy oil exporter Argentina asked the dragon nation to suspend its decision to halt soy oil imports. Argentina's foreign ministry in a statement said the decision is of great concern and urged Beijing to suspend the measure and ensure it does not come into force. Last week, a Chinese trade body urged traders not to buy Argentine soy oil in retaliation for the country's decision to restrict imports of Chinese products ranging from shoes to...