Category Archives: Uncategorized

G-20 pledges to refrain from currency wars

NEW YORK (CNNMoney.com) — A group representing the world’s most prominent finance ministers wrapped up a two-day meeting in Korea Saturday with a pledge to not engage in currency wars or other economically protectionist policies. The ministers from the so-called … Continue reading

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Report: China to shut down hundreds of smaller coal mines

(CNN) — China closed 1,355 small coal mines this year, according to Xinhua, the country’s state-run press agency. The effort is part of a larger plan to restructure the mining industry to prevent deadly accidents and reduce greenhouse gas emissions, … Continue reading

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Can Wen bridge the China-EU divide?

CNN — Haunted by a protectionist trade bill from the U.S. Congress and escalating tensions with Japan, Chinese Premier Wen Jiabao set course to Europe, eager to compensate for diplomatic wrangling on the Eastern front by making progress in the … Continue reading

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Recession not over, public says

Recession not over, public says Washington (CNN) — Economic experts may believe the recession is over, but try telling that to the public. Seventy-four percent of Americans believe the economy is still in a recession, according to a new CNN/Opinion … Continue reading

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Afloat on a Chinese tide

Afloat on a Chinese tide China’s economic rise has brought the rest of emerging Asia huge benefits. But the region still needs the West WITH markets still on edge after the worst financial crisis in decades, and fears of renewed … Continue reading

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Obama Warns Oil Spill Will Substantially Impact Economy

Obama Warns Oil Spill Will Substantially Impact Economy President Barack Obama Obama has met with Cabinet and other officials dealing with the massive oil spill in the Gulf of Mexico.  The president says it is clear there will be substantial … Continue reading

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