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World economy News

World unemployment due to reach 202 million later this year

Rising global unemployment and economic slowdowns have forced the International Labour Organization to review its previous forecasts for 2012 and 2013 and raise the projected levels of world unemployment.
In the Media by Lesley Lanir - 10 comments

Philippine Peso World’s Second Most Stable Currency in 2009

MANILA – The Philippine peso, next only to the Chinese yuan, on a year-to-date (YTD) percentage basis, was one of the most stable currencies in the world, eclipsing the usually steady Japanese yen, the American dollar, and the British pound sterling.
In the Media by Antonio Figueroa

Canadian Dollar Takes Deep Dive

The Canadian dollar experienced its largest single day drop in nearly 46 years. The loonie fell 2.6 cents against the United States dollar as a bleak global economic outlook also shoved down commodity prices.
In the Media by Bob Ewing - 3 comments

A 'tipping point' for US dollar

Analysts: A dramatic moment for the US dollar as foreign exchange markets wake up to the threat that the Federal Reserve will have to slash interest rates in the new year to stave off recession.
In the Media by Sam Elfassy - 1 comment
 

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