Banks News Updates
Middle East Economies to Rebound, Risks Remain, World Bank Says (Bloomberg)
20 January 2010
Jan. 21 (Bloomberg) -- Economic growth in the Middle East and North Africa, the world’s biggest net oil-exporting region, may rebound to 3.7 percent this year and 4.4 percent in 2011, the World Bank said.
Serbian Central Bank to Hold Main Interest Rate, Survey Shows (Bloomberg)
20 January 2010
Jan. 21 (Bloomberg) -- Serbia’s central bank will leave its benchmark interest rate at the lowest since December 2007 as wage and price pressures build, a Bloomberg survey showed.
World Bank Says Asia Faces Asset Bubbles, Overheating Risks (BusinessWeek)
20 January 2010
Developing Asian economies face the risk of asset bubbles or overheating as the region’s growth outpaces the rest of the world this year, the World Bank said.
World Bank Raises Global Growth Outlook, Sees 2nd-Half Slowdown (Bloomberg)
20 January 2010
Jan. 21 (Bloomberg) -- The World Bank raised its forecast for global growth in 2010 and warned that the recovery may lose momentum in the second half of the year as government stimulus programs wind down and “high” unemployment persists.
World Bank Sees Slowdown in Global Growth as Stimulus Wanes (New York Times)
20 January 2010
Growth this year, projected at 2.7 percent, could slow as government stimulus efforts wane, the bank said.
World Bank: growth may wilt as stimulus fades (AP via Yahoo! News)
20 January 2010
The global economy will suffer the fallout from the financial crisis for years to come, the World Bank said Thursday in a report warning that growth may wilt later this year as stimulus spending fades.
Buffett Assails Bank Tax and Praises Blankfein (New York Times)
20 January 2010
Once again, it’s been Warren E. Buffett Day on cable TV’s financial programs (and to some degree on DealBook as well). Mr. Buffett made lengthy appearances on both CNBC and Bloomberg Television on Wednesday, and he attracted the most attention for his criticism of the Kraft Foods - Cadbury deal on CNBC. But his criticism of President Obama ’s...
Theodore Ahlers: WB further supporting Romania - Financiarul
20 January 2010
Theodore Ahlers: WB further supporting RomaniaFinanciarulThe World Bank continues to fully support Romania in its efforts to deal with the economic and financial crisis in close cooperation with the European ...
Cristian Popa: We forecast slight growth in Romania for 2010 - Financiarul
20 January 2010
Cristian Popa: We forecast slight growth in Romania for 2010FinanciarulAn International Monetary Fund (IMF) delegation on Wednesday, at the National Bank of Romania, began the meetings with the Romanian authorities. ...and more »...
Women's hockey team dons black arm-bands over non-payment of dues - Little About (blog)
20 January 2010
Women's hockey team dons black arm-bands over non-payment of duesLittle About (blog)Bhopal, Jan 21 : Days after the men's hockey team got their incentive cheques after an open revolt, the women's hockey team is protesting against the ...and more »...
Global recovery to lift RP growth to 3.5% in 2010 and 3.8% in 2011 - Manila Bulletin
20 January 2010
Global recovery to lift RP growth to 3.5% in 2010 and 3.8% in 2011Manila BulletinPhilippine economy is expected to grow by 3.5 percent in 2010 and 3.8 percent in 2011, the World Bank said in its latest forecast, ...and more »...
Nam not ready for SADC uniform currency - Informante
20 January 2010
Nam not ready for SADC uniform currencyInformanteTHE Southern African Development Community (SADC) is lagging behind in their quest to implement a single central bank and uniform currency between 2016 and ...
2011 too early for Zim polls: analysts - The Zimbabwean
20 January 2010
2011 too early for Zim polls: analystsThe ZimbabweanZuma has also appealed on the MDC to be flexible on the issue of central bank governor Gideon Gono and attorney general Johannes Tomana whom they want fired ...and more »...
Delo Says Haiti Disaster Attracts Scavengers - STA - Slovenska Tiskovna Agencija (subscription)
20 January 2010
Delo Says Haiti Disaster Attracts ScavengersSTA - Slovenska Tiskovna Agencija (subscription)The theft was wrapped up by the World Bank and the International Monetary Fund. The amount of the so-called humanitarian aid Haiti received in 2007 was ten ...and more »...