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IMF says Cambodia should strengthen banks
19 hours ago ago from KI Media
Wednesday, December 09, 2009 ABC Radio Australia The International Monetary Fund has called on Cambodia to strengthen its banking system as the country struggles to pull out of a deep recession. An IMF report - issued after talks with Cambodian authorities - says the r ecession and a sharp decline in property prices have further weakened the banks . Now as the economy recovers, the IMF says Cambodia should safeguard its macroeconomic ...
Related contentJapanese government revised third-quarter GDP growth to 1.3% annual rate
20 hours ago ago from dijiada'blog
the Cabinet Office9 released third-quarter economic growth revised data show that removal of price changes and to a seasonally adjusted basis, Japan's third-quarter annualized real GDP growth of 1.3%, down from the initial announcement. Cabinet Office announced that Japan's July-September quarter, real GDP rose by a revised 0.3% annual rate of 1.3%. Preliminary data released in November showed that third-quarter GDP growth rate of the ...
Related content5.5% growth for next year
19 hours ago ago from MALAYSIA UPDATE
SINGAPORE economy is expected to expand by 5.5 per cent next year, a suvey of private sector economists has shown. This is one percentage point higher than their expectations in September. The forecast by the 20 private sector economists is better than the Government's official prediction for a 3 per cent to 5 per cent growth in 2010. The economists expect first quarter gross domestic product (GDP) to shoot up 9.6 per cent before ...
Related contentUCLA Anderson Forecast: Modest Growth Coupled with High Unemployment Seen in National Economy; Little or No Economic Growth in California This Year,…
10 hours ago ago from The Santa Barbara 10 - Top Ten Lists of the Best Restaurants, Businesses, Services, and Everything Else You Can Imagine in Santa Barbara, CA
LOS ANGELES (BUSINESS WIRE) In its fourth quarterly report of 2009, the UCLA Anderson Forecast continues its theme from September that the national economy is on a modest growth path that will be accompanied by extraordinarily high rates of unemployment. This slow growth outlook reflects the lagged effects of the implosion of consumer balance sheets and, according to the Forecast, is a result of the economy in transition from being an ...
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1 hour, 55 minutes ago ago from Diamond Investments Blog- Venture Capital ~ Seasoned Funds for Intelligent Project Funding
Slow growth and high unemployment for U.S. in 2010: report On 4:02 am EST, Wednesday December 9, 2009 By Jim Christie SAN FRANCISCO (Reuters) - Low interest rates will prevail through most of next year as the U.S. economy expands modestly and the unemployment rate remains stuck in double digits, the UCLA Anderson Forecast group said on Wednesday. Specifically, we forecast that after growing at 2.8 percent ...
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UCLA Anderson Forecast: Modest Growth Coupled with High Unemployment Seen in National Economy; Little or No Economic Growth in California This Year, Followed by “Slight” Growth in 2010 before More Normal Growth Rates Return in 2011
10 hours ago ago from FanHouse
In its fourth quarterly report of 2009, the UCLA Anderson Forecast continues its theme from September that the national economy is on a “modest growth path that will be accompanied by extraordinarily high rates of unemployment.” This slow growth outlook reflects the lagged effects of the implosion of consumer balance sheets and, according to the Forecast, is a result of the economy in transition from being an import-oriented/low-savings rate ...
Related contentGrowth in the Total Correctional Population During 2008 was the Slowest in Eight Years
22 hours ago ago from Good News Now
WASHINGTON, Dec. 8 /PRNewswire-USNewswire/ -- At yearend 2008, 7.3 million men and women were under correctional supervision, including 70 percent (about 5.1 million) who were supervised in the community on probation or parole and 30 percent (about 2.3 million) who were held in the custody of prisons or jails, the U.S. Department of Justice's Bureau of Justice Statistics (BJS) announced today. The correctional population increased by 0.5 ...
Related contentUK lowers forecast for 2009 GDP
6 hours ago ago from Good News Now
LONDON -British Treasury chief Alistair Darling has downgraded his forecast for the economy this year, saying it will shrink by 4.75 percent. That is significantly worse that the 3.5 percent contraction Darling predicted in April. But he has kept his forecast of 1-1.5 percent growth for next year. Darling has also raised his 2009-2010 borrowing forecast slightly to 178 billion pounds, from 175 billion pounds previously. Britain is the only ...
Related contentSingapore economy seen growing 5.5 pct in 2010
10 hours ago ago from Good News Now
SINGAPORE -Singapore's economy will rebound from recession next year as improving global demand for the city-state's exports fuels a pickup in manufacturing, according to a central bank survey of analysts. The country's gross domestic product will likely grow 5.5 percent next year, according to the median forecast of 20 economists in the quarterly survey, the Monetary Authority of Singapore said Wednesday. In the previous survey in September, ...
Related contentGoldman Sachs on the Grease Monkey Market - MarketBeat - WSJ
3 hours ago ago from Wall Street Journal
By Matt Phillips After AutoZone's quarterly results came in better-than-expected Tuesday , Goldman Sachs raised its earning estimates on the shares, citing expectations that AutoZone would hold up well versus other auto parts retailers. Goldman didn't, however, alter its fundamental view on the sector. The short version: as the economy improves some of the new customers who may have ventured into auto parts stores are going to drift away. ...
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