GDP

Oil Markets Adjust to Japan's Disaster: Argus (FULL TEXT)

Japan earthquake could turn out as the most expensive natural disaster in history, says economists
The 11 March earthquake and tsunami in Japan, and the continuing nuclear crisis that they triggered, will have significant repercussions in global energy markets, according to international energy price reporting agency Argus.
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Japan's Prime Minister Naoto Kan

Pressures mounting on Japan PM to resign

Japan's beleaguered Prime Minister Naoto Kan has shrugged off calls for him to resign from office, soon after his former foreign minister quit as a result of a donation scandal after only six months on the job.
Germany's Agriculture Minister Aigner talks with EU Health and Consumer Policy Commissioner Dalli during an EU Agriculture and Fisheries Ministers' meeting in Brussels.

Eurozone economy grew 0.3 pct in fourth quarter

Gross domestic product (GDP) of the eurozone grew 0.3 percent in the last quarter of 2010, mainly boosted by exports from the region, according to the second estimates released by Eurostat on Thursday.
U.S. Federal Reserve Board Chairman Ben Bernanke speaks at the Federal Reserve Bank of Boston in Boston

Bernanke testimony: QE2 is working well

Federal Reserve Chairman Ben Bernanke said both rounds of quantitative easing (QE1 and QE2) are working well, in the question and answer session of his testimony to Congress.
EU raises euro area GDP growth forecast for 2011

EU raises euro area GDP growth forecast for 2011

Eurozone gross domestic product (GDP) will rise 1.6 percent this year, slightly above the previously forecast growth rate of 1.5 percent, the European Commission said in a report on Tuesday.
Zain

Sonatel's margins pressured by rivals, tax

Senegalese telecom operator Sonatel saw 2010 net profits slip as tougher competition nibbled at its margins and it was hit by a temporary tax surcharge on incoming traffic, the group said.
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S.Africa yield spread at record high, stocks gain

South Africa's government bond curve steepened again on Monday with the yield spread between shorter and longer-dated debt hitting a record high as dealers positioned ahead of a debt auction on Tuesday.
Army soldiers remove makeshift shelters and clear Tahrir Square in Cairo

Risk Aversion Has Been Well Contained

Despite the fact that volatility has increased since the start of the Egyptian crisis on January 25th, true risk aversion seems to have been well contained.
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Sunstone Hotel Investors Upgraded at RBC Capital

RBC Capital Markets upgraded its rating on shares of Sunstone Hotel Investors Inc. (NYSE: SHO) to "outperform" with above average risk from "sector perform" and increased price target to $14 from $11.
India's Finance Minister Pranab Mukherjee sits before giving the final touches to the federal budget 2010/11 in New Delhi February 25, 2010.

Pranab unveils budget, dismisses policy drift worries

Finance Minister Pranab Mukherjee announced on Monday a food security bill for 2011/12, a budget measure that would provide cheap grains for millions of India's poor but which has sparked worries over its huge cost.

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