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Canada Keeps Lending Rate at 0.25%, Says Dollar May Slow Growth
19 hours ago ago from All About Work & Financial
By Greg Quinn Dec. 8 (Bloomberg) -- The Bank of Canada kept its key interest rate at a record low and repeated a pledge to leave it unchanged through June, saying a strong currency could hobble economic growth. The target rate for overnight loans between commercial banks remained at 0.25 percent, where it’s been since April, in a decision predicted by all 25 economists surveyed by Bloomberg. Low borrowing costs and record government ...
Related content42 terror camps still active in Pakistan: Indian Army chief
20 hours ago ago from Quick Take - As It Happens
Chief of Army Staff Gen Deepak Kapoor has said that there are still 42 terror camps operating across the border in Pakistan in which 2000 to 2500 terrorists are still waiting to infiltrate into Indian side. (via 42 terror camps still active in Pakistan: Army chief- Hindustan Times ). Such cross-border firings did come down for some time after the two countries agreed to a ceasefire along the 198-km International Border in J&K, the 778-km ...
Related contentNovember inflation recorded at 2.6%
11 hours ago ago from Tour Leyte
Headline inflation rate registered at 2.8 percent in ovember 2009, the highest since May 2009 (3.3%) but significantly lower than the 9.9 percent inflation rate recorded in November last year. This brought average inflation for January to November 2009 reached 3.2 percent, well within the Development Budget Coordination Committee’s (DRCC) forecast of 2.5 to 4.5 percent for 2009, Acting Socioeconomic Planning Secretary and National Economic ...
Related contentProstitution in India
44 minutes ago ago from India in Peril
To begin with the topic, let us see some statistical facts - Mumbai is the capital of prostitution and works as a transit point for import and export of girls. 60 percent of girls in prostitution business in Delhi's GB Road area are minors. Every year, nearly 1,200 girls are sold across Indo-nepal and Indo-Bengladesh borders. A study of Central Social Welfare Board of India says 15 percent of sex workers in the country are below 15 years, ...
Related contentINDIA AND CHINA ECONOMIES REBOUND FROM THE WORLDWIDE RECESSION, AND POISED FOR SIGNIFICANT GROWTH
11 hours ago ago from Tommy Toy
Economic recovery in China, India, and elsewhere in the region could be the strongest source of sustained global growth for years to come. Illustration by Lars Leetaru In September 2008, the global financial crisis hit Asia like a tidal wave, flooding in from the U.S. and Europe. Within weeks, Asian GDP growth rates began to tumble: China’s annual growth rate dropped from 13 percent in 2007 to about 9 percent in ...
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