THE G-20 SUMMIT ENDS WITH HOPE TO END WORLD ECONOMIC CRISIS

 

World leaders gathered in london for the G-20 Summit have agreed on measures aimed at shortening the global recession.

President Barack Obama leaves the G-20 Summit of world leaders with the agreement that other countries are committed to a global plan for economic recovery, but with the understanding that the United States doesn’t call all the shots. Continue reading

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Protesters take to the streets of London

Ahead of the G-20 meeting of world leaders, the largely peaceful protests against unchecked capitalism, war, destruction of the environment and other ills are a sign of the populist anger in Europe. Continue reading

China Boosts Yuan Swaps, Store Payments as Dollar Concern Grows

 

 

April 2 (Bloomberg) — China’s leaders, increasingly concerned about the nation’s $740 billion of U.S. Treasuries, are making it easier for trading partners and consumers to do business in yuan. Continue reading

U.S. Markets Wrap: Stocks Rise as Data Lift Optimism on Economy

 

    

April 1 (Bloomberg) — U.S. stocks advanced for a second day as sales of existing homes unexpectedly increased and a manufacturing gauge topped economists’ estimates, bolstering optimism that the worst of the recession is over. The dollar strengthened against the euro and oil fell. Continue reading