http://www.mail.com/in-en/subjects/1730-economic-policy.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.28/img/mailcom_logo_rss.png http://www.mail.com/in-en/subjects/1730-economic-policy.html http://www.mail.com/in-en/business/markets/2089858-greek-pm-china-seeking-investment-trade-deals.html BEIJING (AP) — Greece's prime minister is in China seeking investment and trade deals to help revive his country's recession-battered economy. Antonis Samaras met Thursday with Chinese Premier Li Keqiang, after which the two witnessed the signing of agreements in fields including shipping and telecommunications. Li said during the meeting that China hopes... Fri, 17 May 2013 04:13:12 GMT http://www.mail.com/in-en/business/markets/2089858-greek-pm-china-seeking-investment-trade-deals.html 2013-05-17T04:13:12Z http://www.mail.com/in-en/business/markets/2088528-trade-group-slams-safety-pact-bangladesh.html NEW YORK (AP) — The largest U.S. retail-industry group on Wednesday criticized an international pact aimed at improving factory conditions in Bangladesh's garment industry, saying it was a "one-size-fits-all" approach promoted by special interests. The National Retail Federation's statement came as more global retailers signed on to the pact backed by abo... Thu, 16 May 2013 01:11:28 GMT http://www.mail.com/in-en/business/markets/2088528-trade-group-slams-safety-pact-bangladesh.html 2013-05-16T01:11:28Z http://www.mail.com/in-en/business/markets/2087868-eurozones-struggling-economies-mired-recession.html The eurozone is stuck in recession — its longest since the euro was founded in 1999. The latest figures from the European Union's statistics office show that the economy of the 17 EU countries that use the euro shrank for a sixth straight quarter, slumping by 0.2 percent in the January-March period from the previous three months. Initially it was just the... Wed, 15 May 2013 18:03:13 GMT http://www.mail.com/in-en/business/markets/2087868-eurozones-struggling-economies-mired-recession.html 2013-05-15T18:03:13Z http://www.mail.com/in-en/business/economy/2086460-french-economy-falls-recession.html PARIS (AP) — France's economy is in recession again — and that could spell more trouble for Europe. The national statistics agency, Insee, said Wednesday that gross domestic product fell 0.2 percent in the first quarter of the year. The agency also revised its data for the fourth quarter of last year, saying GDP fell 0.2 percent, up from a 0.3 percent ret... Wed, 15 May 2013 10:06:17 GMT http://www.mail.com/in-en/business/economy/2086460-french-economy-falls-recession.html 2013-05-15T10:06:17Z http://www.mail.com/in-en/business/economy/2083988-fitch-upgrades-greeces-credit-rating.html ATHENS, Greece (AP) — Debt-hobbled Greece got a new morale boost Tuesday, with Fitch ratings agency upgrading its sovereign credit grade, a day after the country's European creditors backed the release of a new rescue loan payment. However, the one-notch upgrade from CCC to B- still leaves Greece's government debt six levels deep in junk status — that is,... Tue, 14 May 2013 18:14:17 GMT http://www.mail.com/in-en/business/economy/2083988-fitch-upgrades-greeces-credit-rating.html 2013-05-14T18:14:17Z http://www.mail.com/in-en/business/markets/2082928-poll-favorable-views-eu-sharp-decline.html BRUSSELS (AP) — Positive views of the European Union by its citizens are near all-time lows. And no EU country is plunging faster into the abyss of gloom than France. Germans are broadly perceived as being the most trustworthy Europeans — but also the least compassionate. Britons, often seen as deeply skeptical of the benefits of EU membership, are in fact split right down t... Mon, 13 May 2013 22:05:18 GMT http://www.mail.com/in-en/business/markets/2082928-poll-favorable-views-eu-sharp-decline.html 2013-05-13T22:05:18Z http://www.mail.com/in-en/news/world/2081302-obama-cameron-focus-syria-white-house.html WASHINGTON (AP) — President Barack Obama says the United States is working with Britain to strengthen the moderate opposition in Syria and to push for the end of the hardline regime of President Bashar Assad. Speaking at a White House news conference alongside British Prime Minister David Cameron, Obama called the violence in Syria appalling. The two lea... Mon, 13 May 2013 19:06:02 GMT http://www.mail.com/in-en/news/world/2081302-obama-cameron-focus-syria-white-house.html 2013-05-13T19:06:02Z http://www.mail.com/in-en/business/economy/2078770-g7-japan-playing-currency-rules.html AYLESBURY, England (AP) — Finance leaders from the Group of Seven leading industrial economies say Japan's stimulus policies are directed at boosting its economy out of a two-decade period of stagnation, not an attempt to drive down its currency to make Japan's exports more competitive. At the conclusion of a two-day meeting of leading financial represent... Sat, 11 May 2013 19:44:40 GMT http://www.mail.com/in-en/business/economy/2078770-g7-japan-playing-currency-rules.html 2013-05-11T19:44:40Z http://www.mail.com/in-en/news/world/2076210-yen-focus-g-7-discusses-nurturing-recovery.html AYLESBURY, England (AP) — Financial leaders from the world's top seven developed economies are gathering in the U.K. to discuss how to shore up the global recovery just as the stimulus measures of one its members, Japan, has caused its currency to take a dramatic slide. Supporting the global economy and the role of central banks are set to be the key poin... Fri, 10 May 2013 20:41:48 GMT http://www.mail.com/in-en/news/world/2076210-yen-focus-g-7-discusses-nurturing-recovery.html 2013-05-10T20:41:48Z http://www.mail.com/in-en/news/world/2074856-irans-political-hierarchy.html A look at the political power structure in Iran. SUPREME LEADER AYATOLLAH ALI KHAMENEI: Wields control over every major decision either directly or through a network of hand-picked loyalists and institutions, including the powerful Revolutionary Guard, the judiciary and intelligence services. GUARDIAN COUNCIL: Group of 12 experts in Is... Thu, 09 May 2013 19:20:58 GMT http://www.mail.com/in-en/news/world/2074856-irans-political-hierarchy.html 2013-05-09T19:20:58Z http://www.mail.com/in-en/news/world/2074800-iran-president-force-era-ends.html BIRJAND, Iran (AP) — When many struggling families in this eastern Iranian city take stock of outgoing President Mahmoud Ahmadinejad's legacy, it's not about the oratory full of bluster and menace or his tussles with Iran's ruling clerics that are known to much of the world. What matters more here are the dusty rows of government-subsidized, two-story apa... Thu, 09 May 2013 19:20:03 GMT http://www.mail.com/in-en/news/world/2074800-iran-president-force-era-ends.html 2013-05-09T19:20:03Z http://www.mail.com/in-en/business/markets/2074330-slovenia-announces-anti-bailout-measures.html LJUBLJANA, Slovenia (AP) — Slovenia's government announced Thursday an austerity plan designed to raise 540 million euros ($707 million) in new taxes as part of an effort to balance the budget and avoid seeking an international bailout. The small Alpine country, once a model of socialist economy, is racing to convince investors it has a credible strategy ... Thu, 09 May 2013 17:50:33 GMT http://www.mail.com/in-en/business/markets/2074330-slovenia-announces-anti-bailout-measures.html 2013-05-09T17:50:33Z http://www.mail.com/in-en/business/markets/2073634-spain-education-sector-hit-strike-cuts.html MADRID (AP) — Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. The stoppage affected all levels of education and union pickets were placed at many schools and universities across the country. Organizers claimed a 65 percent turnout by teachers for the ... Thu, 09 May 2013 14:29:04 GMT http://www.mail.com/in-en/business/markets/2073634-spain-education-sector-hit-strike-cuts.html 2013-05-09T14:29:04Z http://www.mail.com/in-en/business/markets/2071056-poland-cuts-interest-rates-economy-slows.html WARSAW, Poland (AP) — The National Bank of Poland has cut interest rates to a historic low as the economy continues to slow and inflation is below target. The central bank cut its benchmark reference rate to 3 percent from 3.5 percent on Wednesday, surprising many economists who had expected the bank to keep rates on hold for now. The bank didn't give an ... Wed, 08 May 2013 11:58:29 GMT http://www.mail.com/in-en/business/markets/2071056-poland-cuts-interest-rates-economy-slows.html 2013-05-08T11:58:29Z http://www.mail.com/in-en/business/markets/2070482-ukraine-expects-to-sign-cooperation-accord-with-eu.html UNITED NATIONS (AP) — Ukraine's foreign minister said he expects his country to sign a cooperation agreement with the European Union later this year despite the EU's objections to the jailing of former Prime Minister Yulia Tymoshenko. Leonid Kozhara said in an interview Tuesday with The Associated Press that the government accepts that the Tymoshenko case... Wed, 08 May 2013 06:18:28 GMT http://www.mail.com/in-en/business/markets/2070482-ukraine-expects-to-sign-cooperation-accord-with-eu.html 2013-05-08T06:18:28Z http://www.mail.com/in-en/news/world/2068088-egypt-appoints-9-ministers-limited-reshuffle.html CAIRO (AP) — Nine new Egyptian ministers joined President Mohammed Morsi's Cabinet on Tuesday, including three members of his Muslim Brotherhood, in a reshuffle that officials said was aimed at addressing the country's financial woes and securing a much-needed international loan. Morsi supporters claim he wants to reach out to other political blocs, yet t... Tue, 07 May 2013 21:40:23 GMT http://www.mail.com/in-en/news/world/2068088-egypt-appoints-9-ministers-limited-reshuffle.html 2013-05-07T21:40:23Z http://www.mail.com/in-en/business/economy/2068120-portugal-sells-bonds-time-bailout.html LISBON, Portugal (AP) — Portugal sold 10-year bonds Tuesday for the first time since it needed a bailout in 2011, representing a milestone in efforts to restore investor confidence in the frail eurozone country and prove that contested austerity policies are paying off. Though Portugal remains a ward of its bailout creditors and a full economic recovery w... Tue, 07 May 2013 18:02:47 GMT http://www.mail.com/in-en/business/economy/2068120-portugal-sells-bonds-time-bailout.html 2013-05-07T18:02:47Z http://www.mail.com/in-en/business/economy/2068090-imfs-lagarde-criticizes-us-spending-cuts.html AMSTERDAM (AP) — International Monetary Fund head Christine Lagarde criticized the U.S. government's budget policies as too tight on Tuesday, in an appearance in Amsterdam that was interrupted by student protestors. Lagarde said the U.S. government's debt reduction plans are too abrupt, including the $85 billion in federal budget cuts known as the sequest... Tue, 07 May 2013 16:24:17 GMT http://www.mail.com/in-en/business/economy/2068090-imfs-lagarde-criticizes-us-spending-cuts.html 2013-05-07T16:24:17Z http://www.mail.com/in-en/business/economy/2065698-spain-italy-team-up-to-demand-crisis-relief.html MADRID (AP) — The premiers of Spain and Italy teamed up Monday to push the eurozone to focus more on spurring economic growth instead of just reducing debt — a move they hope will reduce high youth unemployment and speed up a banking reform effort aimed at stabilizing Europe's financial system. After meeting with Spanish Prime Minister Mariano Rajoy, Ital... Mon, 06 May 2013 19:31:56 GMT http://www.mail.com/in-en/business/economy/2065698-spain-italy-team-up-to-demand-crisis-relief.html 2013-05-06T19:31:56Z http://www.mail.com/in-en/business/markets/2065788-creditors-submit-portugals-austerity-plan-to-test.html LISBON, Portugal (AP) — Inspectors from Portugal's bailout creditors are returning to Lisbon to assess whether the government's latest austerity measures merit unblocking a due disbursement of rescue funds. Portugal's 78 billion euro ($102 billion) bailout two years ago spared the country from bankruptcy, but in return it must slash spending and debt. In ... Mon, 06 May 2013 11:48:40 GMT http://www.mail.com/in-en/business/markets/2065788-creditors-submit-portugals-austerity-plan-to-test.html 2013-05-06T11:48:40Z http://www.mail.com/in-en/business/economy/2061616-bailed-out-portugal-plans-63b-cuts.html LISBON, Portugal (AP) — Portugal plans to avoid the threat of needing another bailout by making another 4.8 billion euros ($6.3 billion) in cuts over the next three years, with measures including raising the retirement age by one year to 66 and laying off around 30,000 government workers, the prime minister said Friday. Pedro Passos Coelho announced the p... Fri, 03 May 2013 20:56:18 GMT http://www.mail.com/in-en/business/economy/2061616-bailed-out-portugal-plans-63b-cuts.html 2013-05-03T20:56:18Z http://www.mail.com/in-en/business/economy/2058012-asia-stocks-rise-us-jobs-data.html BANGKOK (AP) — Asian stock markets rose Friday, finding renewed strength from a fall in U.S. jobless benefit claims and an interest rate cut by the European Central Bank intended to boost the region's ebbing economy. Investors jittery over the state of the U.S. economy took heart from a U.S. Labor Department report that said applications for unemployment ... Fri, 03 May 2013 05:09:42 GMT http://www.mail.com/in-en/business/economy/2058012-asia-stocks-rise-us-jobs-data.html 2013-05-03T05:09:42Z http://www.mail.com/in-en/business/markets/2058170-ecb-cuts-benchmark-interest-rate-to-05-percent.html FRANKFURT, Germany (AP) — The European Central Bank cut its key interest rate to a record low 0.50 percent Thursday and announced other measures to spur lending and help lift the euro area out of a stubborn recession. ECB President Mario Draghi said the bank was prepared to flex its muscles further in the face of high and rising unemployment and growing e... Thu, 02 May 2013 18:54:10 GMT http://www.mail.com/in-en/business/markets/2058170-ecb-cuts-benchmark-interest-rate-to-05-percent.html 2013-05-02T18:54:10Z http://www.mail.com/in-en/business/markets/2058788-impact-ecb-rate-cut.html FRANKFURT, Germany (AP) — The European Central Bank influences the cost of borrowing in the economy of the 17-country eurozone by moving its key interest rate up and down. Its main refinancing rate is the rate at which eurozone banks can borrow from the ECB. That affects the rate at which banks borrow from each other, the so called money-market rates. Bas... Thu, 02 May 2013 16:39:24 GMT http://www.mail.com/in-en/business/markets/2058788-impact-ecb-rate-cut.html 2013-05-02T16:39:24Z http://www.mail.com/in-en/business/markets/2058534-reactions-to-european-central-bank-rate-cut.html The European Central Bank, which sets monetary policy for the 17 European Union countries that use the euro, cut its main interest rate by a quarter of a percentage point to a new record low of 0.5 percent. The ECB's president, Mario Draghi, also hinted that the bank could do more in coming months to get the eurozone economy growing again. That could incl... Thu, 02 May 2013 15:13:15 GMT http://www.mail.com/in-en/business/markets/2058534-reactions-to-european-central-bank-rate-cut.html 2013-05-02T15:13:15Z http://www.mail.com/in-en/business/markets/2058472-denmark-cuts-key-interest-rate-to-02-percent.html COPENHAGEN, Denmark (AP) — Denmark's central bank has cut its key interest rate by 0.1 percentage points to 0.2 percent following a similar move by the European Central Bank. The Nationalbank said Thursday's rate reduction will take effect Friday. Earlier Thursday, the ECB's governing council lowered the benchmark refinancing rate by a quarter point to a ... Thu, 02 May 2013 14:42:37 GMT http://www.mail.com/in-en/business/markets/2058472-denmark-cuts-key-interest-rate-to-02-percent.html 2013-05-02T14:42:37Z http://www.mail.com/in-en/business/markets/2058448-glance-key-ecb-measures-to-calm-eurozone-crisis.html FRANKFURT, Germany (AP) — The European Central Bank and its president, Mario Draghi, have played a key role in fighting the government debt crisis afflicting the 17 European Union member countries that use the euro. The ECB is the issuer of the euro currency and serves as the top monetary authority for the eurozone and its 333 million people. Some of its ... Thu, 02 May 2013 14:34:35 GMT http://www.mail.com/in-en/business/markets/2058448-glance-key-ecb-measures-to-calm-eurozone-crisis.html 2013-05-02T14:34:35Z http://www.mail.com/in-en/business/markets/2058438-credit-easing-steps-central-banks-glance.html The European Central Bank cut its key interest rate Thursday by a quarter percentage point to a new all-time low of 0.5 percent, a move aimed at giving the eurozone economy a push as it struggles to get out of a recession. ECB officials, including its president, Mario Draghi, have said the bank is now looking at methods that go beyond the benchmark intere... Thu, 02 May 2013 14:24:05 GMT http://www.mail.com/in-en/business/markets/2058438-credit-easing-steps-central-banks-glance.html 2013-05-02T14:24:05Z