Iceland to announce $6bn IMF-led rescue
Iceland is poised to announce a $6bn rescue package, led by the International Monetary Fund and supported by a number of other central banks, to help stabilise its economy after its banking system collapsed
October 20, 2008
Bernanke comments give lift to Wall St
An easing of strain in money markets, better-than-expected figures from Halliburton and testimony from Ben Bernanke helped Wall Street stocks begin the week in upbeat fashion
The Future of Solar How the Solar Energy Field is Growing and Changing
Installing a solar energy system in your home is more affordable than ever There are several new ways to harness the sun’s power and the technology only continues to expand
Public borrowing shortfall at highest since 1946
UK public finances showed the biggest half-yearly shortfall since 1946, stirring debate about the chancellor’s stated intention of bringing forward some expenditure planned for 2010-11
Chinese quarterly GDP growth falls to 9.0%
China has announced new steps to boost the property market and help exporters after third quarter growth fell to 9.0 per cent, the slowest pace in five years and below forecasts
UK economy ‘already in recession’
The UK economy has “deteriorated dramatically” in the past three months, and is already in a recession, top forecasters suggest.
Chinese economy growth rate slows
China’s economic growth rate falls for a third quarter, amid fears that a major Asian economy could face a severe downturn.