Jan 24, 2010

Your forexlive.com ENewsletter

Your forexlive.com ENewsletter

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Dem Senator calls on Obama to freeze spending

Posted:

Moderate Democratic Senator Evan Bayh of Indiana calls on President Obama to announce a discretionary spending freeze in next week's State of the Union Address. Obama sure didn't sound like he was ready to tack right in Friday's speech from Ohio.

China inflation may exceed 5%, Credit Suisse says

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China's inflation rate may accelerate to more that 5% by end of the year, says Mr Tao Dong of Credit Suisse.

UK rejects Barack Obama’s bank reforms

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Lord Myners has ruled out Britain adopting President Obama's radical banking reforms in what could amount to a fillip for the City of London.

Australia’s Ferguson says no “firm proposal” on mining

Posted:

Australia's minister of resources and energy says the government, which has been given no "firm proposal" on changes to mining taxes, has been asked by metals producers to act quicklyon any alterations.

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