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Last updated: 06:52:41 Tuesday Jan 26, 2010


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  • British economy crawls free of record recession
    LONDON (AFP) - Britain limped out of its longest ever recession in the fourth quarter of 2009, official data showed on Tuesday, but massive debt is set to stunt recovery beyond a looming general election.   Nations:Portugal Spain   People:Gordon Brown   2010-01-26

    Unemployment hits 10% across eurozone
    BRUSSELS (AFP) - Ten people in a hundred who could be working are now unemployed across the 16 countries that use the euro, the EU said on Friday as the human cost of the economic crisis was laid bare.   Nations:Poland Spain   Source:(AFP)   2010-01-08

    Euro economic recovery labours in low gear
    BRUSSELS (AFP) - Europe's economic recovery struggled in first gear on Thursday as a fall in euro retail sales sparked concerns over the outlook and the Bank of England left its key interest rate at a record low.   Nations:Poland Spain   Source:(AFP)   2010-01-05

    Fed sees rates near zero for "extended period"
    WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday expressed growing confidence that an economic recovery was building, even as it stuck to its commitment to keep borrowing costs near zero for "an extended period."   People:Ben Bernanke Warren Buffett   2009-11-04

    Fed seen staying on easy-money path
    WASHINGTON (Reuters) - The Federal Reserve on Wednesday is expected to reaffirm its intention to keep U.S. interest rates at ultra-low levels for a long time to support the economy, even as signs of recovery accumulate.   People:Warren Buffett   Activities:2008 U.S. Financial Rescue   2009-11-04

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