Worldwide Business News

Worldwide debt driven stagflation - U.K. economy grew at its fastest pace in two years last quarter as consumers racked  
India Daily - Nov 09 6:53 AM
Policy makers led by Governor Mervyn King lifted the repurchase rate a quarter-point to 5 percent in UK to control the infation from borrowed money. Worldwide debt driven stagflation - U.K. economy grew at its fastest pace in two years last quarter as consumers racked up debt.Save to My Web

More Consideration for Consumer Protection Needed in the Age of the Information Economy 
[Press Release] Business Wire via Yahoo! Finance - Nov 09 9:00 AM
DUBLIN, Ireland—-Research and Markets has announced the addition of Consumer Protection in the Age of the Information Economy to their offering.Save to My Web

French data show stagnant economy 
TODAYonline - 2 hours, 44 minutes ago
French cars pictured in Lyon. The French economy stagnated in the third quarter of the year, official data showed, an abrupt slowdown that surprised analysts and spelled bad news for the centre-right government six months before presidential elections.Save to My Web

Japan economy hits shares 
BBC News - Nov 10 3:12 AM
Japan’s Nikkei index falls to its lowest level in a month on Friday, after data sparks concerns about the economy.Save to My Web

FRENCH DATA SHOW STAGNANT ECONOMY 
The Tocqueville Connection - Nov 10 5:18 AM
PARIS, Nov 10, 2006 (AFP) - The French economy stagnated in the third quarter of the year, official data showed on Friday, an abrupt slowdown that surprised analysts and spelled bad news for the centre-right government six months before presidential elections.Save to My Web

Around the Markets: Industry data put damper on Nikkei 
International Herald Tribune - Nov 10 6:38 AM
Japanese stocks fell after a government report showed machinery orders unexpectedly dropped, signaling economic growth in the world’s second-biggest economy after the United States stall.Save to My Web

BOJ: Inverted Curve Is Not Predictive 
AP via Yahoo! Finance - Nov 10 2:04 AM
Japan’s central bank governor said Friday that the inverted yield curve in the U.S. Treasury market doesn’t mean the U.S. economy is headed for a recession.Save to My Web

Oil-rich Dubai redraws the atlas 
CNN.com - Nov 10 4:44 AM
In the early 1960’s oil was discovered 75 miles off the coast of the United Arab Emirates transforming the economy of its capital Dubai and its six neighboring federated states.Save to My Web

U.S. Economy Cooling, but Indicators Point to Soft Landing, Says Union Bank Senior Economist Keitaro Matsuda 
[Press Release] Business Wire via Yahoo! Finance - Nov 09 7:00 AM
—-Union Bank of California: WHAT: Keitaro Matsuda, senior economist for Union Bank of California, today released his November 2006 Economic Report focused on the slowing growth of the U.S. economy.Save to My Web

British Report Says Global Warming Will Devastate World Economy 
WTOL News 11 - 6 minutes ago
LONDON (AP) — Unchecked global warming will devastate the world economy on the scale of the world wars and the Great Depression, a major British report said Monday.Save to My Web