Wednesday, July 8, 2009

Today's Headlines

  • More US consumer worries as Germany boosts hopes
  • U.S. consumers fall behind on loans at record pace
  • New York shares hit lowest level in two months
  • Surge in German orders feeds fradile hopes of recovery
  • EU warns growth may be permanently damaged by crisis
  • U.S. should be open to 2nd fiscal stimulus
Reuters 8th July 2009

  • Tokyo has knocked Moscow off the top spot as the world's most expensive city for expatriates, a survey suggests.
  • The Commodity Futures Trading Commission (CFTC) is to hold hearings to decide whether it should clamp down on speculation in the energy market.
  • The UK government is set to announce its plans to reform the financial system to prevent future crises.
BBC Business News 8th July 2009

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