The National Association of Realtors that once said that US home prices have not fell on a nationwide scale since the Great Depression now declare they are expected to do just that this year. The Realtors are expecting the prices for previously...
Archive - April 2007
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The Federal Reserve has reinforced its position that inflation remained the biggest threat to the economy in its minutes from the March meeting. At the last meeting, Federal Reserve officials had concluded that more interest rate increases might be.
World leaders are once again set to meet in Delhi in an effort to break the deadlock to revive stalled global trade negotiations. Trade ministers from India, the US, the European Union and Brazil will meet in order to make consensus to make some...
In the escalating battle against pirated American movies, music and other intellectual property in China, Beijing has hit back at a US decision to file a WTO objection against it for copyright abuse, threatening that the move was ill-informed and...
Threats to the global economy have lessened a bit in recent months, but policymakers must remain on guard nonetheless, said the head of the International Monetary Fund. The IMF chief Rodrigo Rato has recently told the Peterson Institute economic...
The Bush administration is contemplating to take its longstanding row with China over pirated movies, music and books to the World Trade Organization, a move that could fuel trade conflict between the two countries. The Bush administration has...
Switzerland is looking to start negotiations to clinch a free trade agreement with China, Swiss Economics Minister Doris Leuthard revealed recently. This deal is evidently very crucial for Switzerland especially in a condition when the country is...
China has said that it has started investigating U.S. claims that a Chinese company exported contaminated wheat gluten implicated in pet deaths in the U.S. A Chinese official has said that sampling and examination of wheat gluten are in progress...
The US unemployment rate fell to an historic low last month, according to government figures, prompting a plunge in bond prices during a holiday-shortened trading session on Wall Street. Investors discarded speculations that the Federal Reserve...
U.S. Citizenship and Immigration Services has announced on Tuesday it has reached its limit for 2008 skilled-worker visa petitions in a single day and will not accept any more. This has certainly shocked technology companies that rely on the visas to.
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