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Friday, 27 November 2009 17:51 UAE time

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Federal Reserve

Main Category: Central Bank
Country : USA
Website: www.federalreserve.gov


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ALL STORIES LIST


‘Buy China’ pesticide withers those green shoots

So you think China’s 6% growth will power a global recovery. Think again, warns William Pesek.

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US stocks surge as gov't unveils $1tn toxic debt plan

Banks lead markets up almost 6% as plan offers private investor incentives.

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Central banks across world slash rates

UPDATE 1: US, China, Canada, ECB and national central banks in Europe in joint response to global financial crisis.

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Emergency US rate cut adds to Gulf currency woes

Gulf states may revalue in next two to three months as inflationary pressure grows.

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Oil surges past $111 on Fed cut

Surprise interest rate cut by US sends dollar to new lows, pushing crude to yet another record high.

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No decline in Qatar inflation this year

Inflation to stabilise at near-record levels around 14%, Gulf state's finance minister says.

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Gulf braces for yet another US rate cut

Fed could cut by up to 75 basis points, further stoking inflation across Gulf region, analysts predict.

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Gulf currencies surge as dollar nears record low

Investors bet on central banks revaluing currencies against dollar.

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UAE to keep dollar peg, reiterates Al-Suweidi

Emirates committed to keeping dirham tied to US currency, central bank governor says.

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Bets on revaluation grow on Greenspan remarks

Forwards show investors betting on 3% appreciation in UAE dirham in a year.

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Dinar makes biggest one-day gain this year

Kuwait lets dinar rise against dollar after US currency slid to record low against euro.

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Gulf markets to withstand global slowdown

Strong fundamentals backed by high oil prices will spur growth, Borse Dubai says.

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UAE being held back by dollar peg

Dirham's peg to dollar no longer viable as US economy spirals into recession, economist warns.

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US economic recovery to take longer than usual

Alan Greenspan says longer growth stalls more likely economy will start to contract.

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UAE, Kuwait slash interest rates as US makes effort to ease credit woes

The UAE and Kuwait have slashed interest rates in line with the US Federal Reserve's recent move to cut its rates by half a percentage point, in an effort to protect the world's largest economy from the current global credit market crunch.

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Will the real regulators please step forward?

The ecomony may be booming across the GCC, but strong regulators are needed to keep its markets on an even keel.

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US Fed Reserve predicts inflation rise

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READER COMMENTS

  1. Deal sought on Dubai World, Nakheel debts 15
    27 Nov ' 09 at 14:51
    Sultan,the news in the last couple of days has shocked the world all the more because we have just been hearing the "good news" for...   More  »
  2. Dubai debts crisis: latest news 06
    27 Nov ' 09 at 17:02
    It is a normal phenomen, if they have asked for 6 months halt the world is not falling down. When there is economic recession all over...   More  »
  3. UAE real estate market has now hit bottom - analysts 05
    27 Nov ' 09 at 15:48
    Deloitte folks commenting on Dubai bottoming out and 2 days later all hell breaks loose. This is a competence of consulting houses! And...   More  »

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