Saturday, October 2, 2010

IMF warns against currency wars

IMF warns against currency wars


IMF warns against currency wars

Posted: 02 Oct 2010 06:39 AM PDT

The head of the International Monetary Fund is warning countries against devaluing their currencies in order to boost exports.

Stimulus needed if US stays weak: Fed

Posted: 02 Oct 2010 07:17 AM PDT

In the clearest calls yet by Federal Reserve officials to pump more cash into the economy, two Fed policymakers said on Friday that more action would likely be needed unless the outlook improves.

Germany wants to cap bonuses at rescued banks

Posted: 02 Oct 2010 09:31 AM PDT

The German government wants to cap the bonuses of employees at banks that have received state support, Finance Ministry Spokesman Michael Offer said on Saturday.

Germany says wants to cap bonuses at rescued banks

Posted: 02 Oct 2010 09:31 AM PDT

The German government wants to cap the bonuses of employees at banks that have received state support, Finance Ministry Spokesman Michael Offer said on Saturday.

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