Archive for October, 2009

Mervyn King, Governor of the Bank of England, told the Committee there were signs that the UK economy was growing again, implying that the recession was over, but he warned that the strength and sustainability of the recovery were still highly uncertain.
Chairman of the Federal Reserve, Ben Bernanke, has also called the end of America’s [...]

01Oct

US Tyre Duties Spark Clash

Posted by admin as News

A full-blown trade row erupted between the US and China after Beijing accused Washington of “rampant protectionism” for imposing heavy duties on imported Chinese tyres and threatened action against imports of US poultry and vehicles.
Trade relations between two of the world’s biggest economies deteriorated after Barack Obama, US president, signed an order late on Friday [...]