The U.S. Federal Reserve is prepared to take additional actions designed to boost the faltering U.S. economic recovery, and the central bank is considering the pace and costs of such actions, said the president of the Federal Reserve, Ben Bernanke. With a relatively modest growth in private final demand, “Global economic growth has proceeded at [...]

It seems that America is once again planning to leave the world on the road to economic recovery, with the latest evidence of the Federal Reserve (Fed) that will indicate that further monetary easing measures country. The Fed chairman, Ben Bernanke said Friday at a meeting of central bank of the possibility of a second [...]

Singapore’s economy grew 10.3 percent in the third quarter of 2010 compared with the same period last year, said Thursday an official report. Growth estimates from the Ministry of Commerce and Industry (MTI, in English letters) indicated that the Singapore economy remains on track to achieve the growth forecast of between 13 and 15 percent [...]

Thai Prime Minister Abhisit Vejjajiva said Wednesday it expects gross domestic product (GDP) of your country to grow between 7 percent and 8 percent in 2010, on an annual basis. The premier said that initially it was hoped that this year the economy grows only 4 to 5 percent, but the estimated increase of 20 [...]

The U.S. Federal Reserve announced today that it is ready to take new measures to boost the U.S. economy if necessary. “The incoming data indicate that production and employment are rising slowly and at a rate far below that of earlier this year,” the Fed said in a statement issued after a meeting of the [...]

The People’s Bank of China, the central has temporarily raised the deposit reserve rate by 50 basis points, or 0.5 percent, four state and two private banks, to place it at 17.5 percent. The four state are the Industrial and Commercial Bank of China, China Construction Bank, Bank of China and Agricultural Bank of China [...]

The Spanish Prime Minister Jose Luis Rodriguez Zapatero, said that investments in infrastructure that has made Spain will enable the country out of economic doldrums in which it is immersed in a good position and face the future growth. During his participation on Monday at the opening of the new airport terminal León (north), the [...]

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