Big economies 'stabilising' - G8
he world's largest economies are beginning to stabilise but still face major risks amid an ongoing global recession, G8 finance ministers say.
At a meeting in Italy of G8 nations, the ministers said stock markets were rising, interest rates more stable, and consumer confidence was returning.
However, US Treasury chief Tim Geithner led warnings that it was too early to wind down economic stimulus packages.
Oh well every thing back to normal, the exchange rates here are looking good in the Philippines 79 Peso to the Pound, so at least I am happy.
Tim Geithner oh what a drudge he is "Doom and Gloom" lol
Yep people in the know are now saying the meltdown is over and once again we on the upward slide to recovery. The clouds are parting to show a glimmer of a silver lining.
Most Recommended Comment
Negros Oriental, Philippines