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3/30/2012

Bank of England faces calls for full review of handling of financial crisis

The Bank of England is facing calls to publish a full account of how it handled the financial crisis after the Treasury admitted it had made mistakes when the UK's banking system was on the brink of collapse.

3/29/2012

World Bank race: Nigerian finance minister warns emerging economies will "lose interest" if voice not heard

Ngozi Okonjo-Iweala, the Nigerian finance minister who wants to run the World Bank, has warned that emerging economies will lose interest in multi-lateral institutions if they are not given more of a voice at the top of them.

3/28/2012

Arab economy ministers meet before Baghdad summit

Arab economy ministers opened talks in the Iraqi capital on Tuesday ahead of a regional summit, aiming to ramp up tourism in the region despite the bloody crackdown in Syria.

3/27/2012

German Economy To Remain Resilient This Year: IHS Global Insight

(RTTNews.com) - Germany's better-than-expected improvement in business confidence, as the Ifo survey for March showed, indicates that the economy remains resilient to threats from the deepening Eurozone debt crisis and surging oil prices, Timo Klein, senior German economist at IHS Global Insight, said in a note Monday.

3/26/2012

Eurozone debt crisis: how Greece could exit the euro

As global companies draw up contingency plans for a Greek exit from the euro, we examine the feasibility of Athens’ departure – from new drachmas to illegality and €1 trillion costs.It’s a tradition of Greek theatre that the real action takes place off-stage. Much the same might be said of the euro drama.

3/24/2012

3/23/2012

Gold edges up on dollar; physical demand sluggish

SINGAPORE (Reuters) - Gold prices edged higher on Wednesday after dropping nearly 1 percent in the previous session, as a slightly weaker dollar came to the aid of buyers, while sluggish physical demand and an improving U.S. economic outlook capped gains.