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Thursday, September 26, 2002 |
 The International Monetary Fund has revised its forecasts for the world economy downwards. It says that, despite plunging stockmarkets and war jitters, growth should continue. But there are now more reasons to worry
8:35:04 AM Google It! 
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Suddenly Europe has woken up to the truth that it has a budgetary crisis. But the method chosen to tackle it – easing the EU's so-called Stability and Growth Pact – merely emphasises how serious the problem has become. It does nothing to solve it. Until Europe tackles its debts, it will continue to underperform in economic terms and run huge long-term political risks.
8:09:32 AM Google It!
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Japan's leading stock market index erased all its gains from one week ago, when the nation's central bank startled investors by announcing a plan to buy company shares held by banks.
7:56:00 AM Google It!
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© Copyright 2003 Michael Jamison. E-Mail: 
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