US Industrial Output Hits 3-Month High
Industrial output in the US increased in November as the US economy continues to gain strength headi...
UK Inflation on the Rise
Year-over-year inflation in the UK rose to an unexpected 1.9 percent in November due largely to risi...
US November Wholesale Inflation Higher Than Expected
The US Labor Department said today that inflation at the wholesale level jumped 1.8 percent in Novem...
Nakheel to Abu Dhabi ‘Please Sir, Can I have some more?’
Are Capital Markets under estimating growth in the US? Will current economic conditions allow the Fe...
Dubai Bail-Out Pledge Boosts Euro
The euro pulled back from a two-month low against the dollar today on news that Abu Dhabi would back...
Obama “Candid” in Remarks to Banks
In what is being described as a "candid" discussion with the nation's banks, President Barack Obama ...
Exxon Turns to Natural Gas
Exxon Mobil Corp., the biggest U.S. oil company, agreed to buy XTO Energy Inc. for $31 billion in a ...
Dubai Bail-out Lifts Stocks
News that Abu Dhabi had pledged $10 billion to help Dubai pay its debts, helped lift stock markets i...
Abu Dhabi keeps Dubai World’s Islands afloat!
US Retail Sales, import prices, inventories and UOM sentiment all point to ‘normalizat...
US Retail Sale Rise 3.1 Percent
The US Commerce Department said this morning that US retail sales rose 1.3 percent in November. The ...
Credit Worries Force Greek Bond Yields Higher
After announcing that its national debt has reached 300 billion euros (US$442 billion) - and after h...
China marches to its own beat!
China commands and we all jump! Well it’s our risk appetite that jumps. The 'Super'...
SNB Keeps Libor Target Rate, Winds Down Stimulus Spending
The Swiss National Bank announced today that it will maintain the current Libor target rate at 0.25 ...
Canada Records Trade Surplus in October
Canada's exports grew by 3.4 percent in October and helped lift Canada's trade surplus for the month...
Eurozone Pledges to Prevent Bankruptcy in Greece
Jean-Claude Juncker - Prime Minister of Luxembourg and spokesperson for the countries using the euro...
Bank of England Maintains Interest Rate
The Bank of England voted today to hold the benchmark interest rate at 0.5 percent. The move was wid...