Liam Dann : Stimulate - or fix deficits? Ask the octopus...
Should central governments keep pouring on the stimulus or start fixing their deficits, at the risk of creating a double-dip recession?Clearly this is a question for Paul the Octopus because none of the economic experts seems... nzherald.co.nz |
UPDATE - Duquesne s Druckenmiller retiring after 30 years (at Reuters)
Stanley Druckenmiller, a key player in billionaire investor George Soros famous bet against the British pound that earned him $1 billion, said he is closing his firm after 30 years. us.rd.yahoo.com |
Strong growth data boost Australian dollar
[at Financial Times] - The Australian dollar surged higher on Wednesday as forecast-beating growth data dented market expectations that the Reserve Bank of Australia would cut interest rates to stimulate the economy. us.rd.yahoo.com |
Euro pares losses vs dlr after ECB's Weber remarks
The euro trimmed losses against the dollar on Tuesday after European Central Bank Governing Council member Axel Weber said the ECB's government bond-buying programme has not worked and should be scrapped. us.rd.yahoo.com |
US' Geithner: China engaged on forex-Bloomberg TV
U.S. Treasury Secretary Timothy Geithner said China will continue to move toward exchange rate flexibility and is now actively engaged on global foreign exchange issues. us.rd.yahoo.com |