Posts Tagged ‘global economy’

Seminar focused on trading in the Philippines to be offered next month

JACKSON — The Mississippi Development Authority, Mississippi World Trade Center and the U.S. Department of Commerce will present a seminar titled Exploring Business Opportunities in the Philippines April 11 from 8:30 a.m. to 1 p.m. The event will be held in the Collaboratory at the MS e-Center at Jackson State University, located at 1230 Raymond […] [...]

Teaching more on economic education

A team of middle school students from Columbus, Mississippi are ready to serve as trade ambassadors in our global economy. They have the certificate to prove it. Coached by Columbus Middle School teacher, Sylvia Collins, this team and other teams from Columbus loaded up on a bus at 5 am to make the three hour […] [...]

IMF sees global economy gaining, US growth slowing

by Published: October 6,2010

Tags: global economy, IMF

WASHINGTON (AP) – The global economy will likely strengthen the rest of this year and in 2011 as China and other emerging powers offset weakness in the United States and Europe. That’s the latest outlook of the International Monetary Fund, which predicts the world economy will expand 4.8 percent this year and 4.2 percent next […] [...]

Leaders try to allay debt-crisis fears

by Published: May 7,2010

Tags: debt, global economy, recession, world markets

BRUSSELS — European leaders sought today to convince fearful markets that the Greek debt crisis won’t spread to other countries and derail the continent’s wobbly shared currency and hesitant economic recovery. France, Italy and Portugal approved their share of a €110 billion ($140 billion) bailout to keep Greece from imminent default as the 16 leaders […] [...]

Greek debt crisis has world nervous

by Published: April 29,2010

Tags: debt, global economy, international markets

The debt troubles in Greece are intensifying and, even more dangerous, spreading fear across Europe and beyond. That is triggering talk of a potential global contagion, similar to what happened after the investment bank Lehman Brothers collapsed in 2008, setting off the worst financial crisis in the United States since the 1930s and contributing to […] [...]

Mexico-U.S. transportation issues explored

MONTERREY, Mexico — Mexico’s Secretary of Communications and Transportation Juan Molinar Horcasitas and U.S. Secretary of Transportation Ray LaHood met April 12 in Monterrey, Nuevo Leon, Mexico, to discuss the broad range of transportation issues of fundamental economic interest to both countries. During the meeting, both officials agreed on the importance of cooperating in areas […] [...]

Schimmel’s Restaurant bankrupt, looking for buyer

by Published: February 9,2010

Tags: global economy, JACKSON, Mississippi, recession, Schimmels

Schimmel’s Restaurant LLC at 2615 North State Street in Jackson filed for bankruptcy in May 2009, and is now looking for a buyer and asking the court to approve a procedure for competitive bidding. In December, the U.S. trustee, joined by Regions Bank, filed a motion to convert the case to Chapter 7. The court […] [...]

Dollar soars on European concerns

by Published: February 5,2010

Tags: dollar, global economy, money, public debt, recession

The dollar rose to its highest level against the euro in more than eight months Thursday as concerns over public debt in Europe spread. The 16-nation euro has been buffeted by mounting concern about the debt loads being carried by several European countries using the shared currency, including Greece, Portugal and Spain. The dollar is […] [...]

Economic optimism boosts markets

LONDON — European stock markets and Wall Street futures rose today as investor optimism remained buoyant following stronger than anticipated manufacturing surveys the previous day. The biggest mover across markets was the Australian dollar, which slumped after Australia’s central bank surprisingly kept interest rates on hold. In Europe, Germany’s DAX was up 23.41 points, or […] [...]

Investors wary of Chinese strategy

by Published: January 21,2010

Tags: global economy, recession, stocks and bonds

NEW YORK — The stock market slumped Wednesday on concerns that tighter lending standards in China will prolong an economic recovery. Disappointing earnings results from IBM Corp. and Morgan Stanley added to the market’s angst. At the same time, a spike in the dollar pushed commodity prices sharply lower, hurting stocks of energy companies and […] [...]

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