U.S. House Prices Marked Record Fall

March 31st, 2009 • No Comments

The largest 20 U.S. cities, according to a private survey by Standard and Poor’s/Case-Shiller released this week, saw a 19 per cent fall year-over-year as of January 2009, while a separate index confirmed a 19.4 per cent decline in the 10 largest metropolitan areas. Continue reading ‘U.S. House Prices Marked Record Fall.’

U.S. Jobless Benefit Claims Continue to Climb

March 26th, 2009 • No Comments

Last week brought the announcement from the U.S. Department of Labor Statistics that another 652,000 Americans applied for their first jobless benefit last week; roughly double that of last year, and 8,000 more than analysts expected. Continue reading ‘U.S. Jobless Benefit Claims Continue to Climb.’

G20: Emerging Economies Gain Representation

March 23rd, 2009 • 2 Comments

At the upcoming G20 summit in London on April 2nd, there are promises that the International Monetary Fund (IMF) will amend its representation regime to better include developing nations, an expert with the Asian Development Bank (ADB) says. Continue reading ‘G20: Emerging Economies Gain Representation.’

U.N. Renews Afghanistan Mandate

March 23rd, 2009 • No Comments

The United Nations Security Council has extended the mandate for a UN presence in Afghanistan, the world governing body said, in an effort to ensure security in upcoming elections and the projected stabilization of the country. The unanimous 15-member decision sees the extension of the UN mission in Afghanistan extended until March 23, 2010. Continue reading ‘U.N. Renews Afghanistan Mandate.’