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10/31/2012

Bank of Canada repeats rate message, sees debt slowing

OTTAWA (Reuters) - There are signs that Canada's soaring household debt and its heated housing market - two of the biggest headaches for the country's policymakers - are decelerating, Bank of Canada Governor Mark Carney said on Tuesday.

10/30/2012

European Union Exit? Concerns Grow for Britain

LONDON — Is Britain moving inexorably toward the European Union’s exit door?When the European Union unexpectedly won the Nobel Peace Prize this month, the leaders of Germany, France and Italy spoke of their pride.

10/29/2012

Barack Obama has no new middle class tax cut plan: White House

ABOARD AIR FORCE ONE: US President Barack Obama will continue to push for middle-class tax cuts as part of his economic agenda, but the White House is not considering a specific new tax cut plan at this time, a spokesman for Obama said on Saturday.

10/28/2012

South Africa strikes: Sacked platinum miners reinstated

The world's biggest platinum producer, Anglo American Platinum (Amplats), has agreed to reinstate the 12,000 South African miners sacked for taking part in an unofficial strike.

10/27/2012

G20 to urge members to act against economic uncertainty

MEXICO CITY (Reuters) - The Group of 20 leading nations will urge countries to make the most of safety nets, including Europe's bailout fund, to limit uncertainty in the global economy when policymakers meet early next month, Mexican Deputy Finance Minister Gerardo Rodriguez said on Friday.

10/26/2012

Euro zone rot spreads to Germany, China mending

LONDON: The euro zone's biggest member Germany is being sucked into the bloc's worsening economic quagmire, business surveys suggested on Wednesday, as similar data signalled the slowdown in China may be abating.

10/25/2012

If US goes over fiscal cliff, dollar could fly

NEW YORK: In times of trouble, investors tend to flee to the comfort of the U.S. dollar -- even when the trouble is emanating from the United States.