Archive for December, 2008
Pessimism on the UN 2009
We are running out of 2008 and as usual it speaks not only budgets but also forecasts for the coming year. This time it was nothing little bit less than l 'UN to say too much, saying that the global crisis will escalate.
Estimates of the organism, the developed countries suffer a reduction in revenue of 1, 5%, those in the developing of 2.7%. L 'UN has proposed 3 different types of development: in 2 cases the growth is between 1 and 2% in the third there is a regression of 0.4%. (more...)
Tags: currency, stock exchange
Foreign Exchange Market Rates: Week from 22 to 26/12
In the past week, with lower than normal operations following the Christmas holidays, we are seeing a strengthening of the euro's rise against other currencies, except the Swiss Franc. (more...)The market is rampant Islamist in Great Britain
It is estimated that by the end of 2008 will be almost 1.5 billion pounds sterling (GBP) the value of the credit market Islamist in Great Britain.
In the country live almost 2 million British Muslims and, in line with the rules of Islamic finance, will be issued so-called bot Koran, or bonds.
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Currency Market: Week 1 to December 5
We note that the euro has appreciated about all European currencies and the U.S. dollar. This is mainly due to one reason: the grim news coming across the Atlantic did reverse the widespread belief that a drop in ECB interest rates would
This week has been a week with lots of economic data: issues in indicators of U.S. and European descent rate record by the European Central Bank, etc.. Read the rest of this entry »
Tags: European Central Bank, of euro, the dollar