The United Nations Conference on Trade and Development (UNCTAD) has dismissed the current financial market rebound as not a “real recovery”, believing any economic world growth in 2010 is unlikely to exceed 1.6 percent.
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Australia has recorded 0.6 percent economic growth last quarter, exceeding economists’ expectations of a 0.2 percent rise.
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Vessel loading times at Australia’s largest coal export port in Newcastle could become longer after the collapse of five year negotiations between the industry and the NSW government over port sharing.
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European Union finance ministers are hoping to boost the International Monetary Fund’s (IMF) resources to aid countries suffering from the global economic downturn.
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Australian universities could soon be operating on Indian soil after both countries yesterday agreed to begin an annual discussions to increase education links.
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Reports have shown the US economy is gradually improving, suggesting the United States is breaking free of its deep recession after almost two years. Regional growth in the US Midwest has fuelled talks the US economy is on the way up, as the The Institute for Supply Management-Chicago’s business barometer-rose to 50.0 in August – [...]
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China and Russia are considering a possible currency swap deal, reports The Age.
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According to Felix Resources coal export markets in Japan, Korea and Taiwan are almost back to full capacity, suggesting the health among the region’s biggest coal buyers is improving.
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Articles by Veronica Joseph
