Posts tagged ‘Recession’
Monday, August 17th, 2009

-Japan’s economy grew last quarter as a global rebound helped the country climb out of its worst postwar recession. Japan’s Gross domestic product expanded at an annual 3.7 percent pace in the three months ended June 30, following an 11.7 percent decline in the previous quarter. U.S. consumer confidence unexpectedly fell Source: Bloomberg

Saturday, July 25th, 2009

In the last three months alone, the Brazilian Real has risen by an impressive 15% against the Dollar alone. What’s driving this impressive importance? The lead paragraph for one article offered the following encapsulation: “Brazil’s real climbed to the highest in more than nine months as stronger-than-estimated corporate earnings, rising equities and higher metal prices [...]

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