Our daily information from today's press provided for residents of Malta and Gozo and expatriates relocating or retiring to the islands.
- Policymakers express concern, urge banks to lend, on continued sluggish lending by commercial banks.
- China offers assurances on dollar ahead of G8 summit.
- World Bank says 2009 a perilous year for world economies.
(Reuters 7 July 2009)
- The worst of the UK's recession is over, according to the British Chambers of Commerce (BCC) business group, but talk of a recovery is premature.
- India's government has unveiled its annual budget, saying the "first challenge" is to return to a growth rate of 9% a year "at the earliest".
- Oil prices are hovering at a five-week low of about $64 a barrel, amid fears that a global recovery could take longer than previously thought.
(BBC Business News 7 July 2009)
On a lighter note the weather here in Malta is 34 degrees with some cloud later and a UV index of 9. For further information please visit : http://www.hollingsworth.eu.com/
No comments:
Post a Comment