(CEP News) - The average price of gas Canadians paid at the pumps last week continued to fall for the ninth consecutive week, with prices down on average another 3.3 cents in the week ending Nov. 18, according to MJ Ervin & Associates.
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(CEP News) Ottawa - The government of Canada conceded Wednesday that it will probably have to run a budgetary deficit to help it get through the current global economic downturn.
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(CEP News) Ottawa - The government of Canada conceded Wednesday that it will probably have to run a budgetary deficit to help it get through the current global economic downturn.
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(CEP News) Ottawa - The government of Canada conceded Wednesday that it will probably have to run a budgetary deficit to help it get through the current global economic downturn.
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The Bank of England’s Monetary Policy Committee voted unanimously to slash the bank rate by 1.5 percentage points earlier this month, and considered an even larger cut, underscoring its concerns about tighter credit conditions globally and the marked decline in consumption and demand at home
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(CEP News) Ottawa - Former Bank of Canada Governor David Dodge says his successor should stay the course with a long-term monetary framework of inflation-targeting and a flexible exchange rate.
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The Bank of England’s Monetary Policy Committee voted unanimously to slash the bank rate by 1.5 percentage points earlier this month, and considered an even larger cut, underscoring its concerns about tighter credit conditions globally and the marked decline in consumption and demand at home
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London equities suffered a punishing afternoon on Wednesday, which took the FTSE 100 briefly back below 4,000 as fears that the global economy was creeping into deflation persisted
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European stocks fell on Wednesday as heavily-weighted sectors like banking, energy and metals weakened on fears of a prolonged recession
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London fell on Wednesday, with lingering uncertainty in the banking sector as Lloyds TSB investors prepared to vote on its acquisition of HBOS
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London fell on Wednesday, with lingering uncertainty in the banking sector as Lloyds TSB investors prepared to vote on its acquisition of HBOS
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London fell on Wednesday, with lingering uncertainty in the banking sector as Lloyds TSB investors prepared to vote on its acquisition of HBOS
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London fell on Wednesday, with lingering uncertainty in the banking sector as Lloyds TSB investors prepared to vote on its acquisition of HBOS
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European stocks fell on Wednesday as heavily-weighted sectors like banking, energy and metals weakened on fears of a prolonged recession
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China’s holdings of Treasury bills, notes and bonds rose to $585bn overtake those of Japan, the largest holder of US Treasury debt since at least the early 1990s
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Asia-Pacific shares dropped as concerns about the economic outlook continued to depress investor sentiment
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(CEP News) - While the consensus forecast is calling for Japan’s trade balance to post a ¥73.6 billion surplus in October, the range of expectations is large, and commentary from economists reveals the risk is to the downside.
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(CEP News) - While the consensus forecast is calling for Japan’s trade balance to post a ¥73.6 billion surplus in October, the range of expectations is large, and commentary from economists reveals the risk is to the downside.
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(CEP News) - Reserve Bank of Australia (RBA) Assistant Governor Malcom Edey gave no guidance on the subject on monetary policy in his speech delivered Wednesday afternoon in Sydney (Tuesday night EST), but said he sees a period of sharp slowdown for the Australian economy on its way.
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(CEP News) - New motor vehicle sales in Australia declined by 0.5% month-over-month in October, compared to a downwardly revised 0.4% decline the month prior, originally reported at +0.4%. Car sales have been declining steadily since July of this year.
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