British finance minister Alistair Darling welcomed the Bank of England's decision this week to halt its 200 billion pound ($314 billion) quantitative easing (QE) programme. "As far as the BoE's decision today
The number of unemployed persons registered at the District Labour Offices on the last day of January 2010, reached 23,645 persons, according to the Statistical Service. Based on the seasonally adjusted data
The consumer price inflation rate rose for the third month in a row in January, reaching 2.4% over the year earlier, compared with 2.1% in December and 1.4% in November and three
U.S. employers unexpectedly cut 20,000 in January, but the unemployment rate surprisingly fell to a five-month low of 9.7 percent, according to a government report on Friday that hinted at some labor
The euro and the stocks and bonds of debt-laden members of the currency bloc fell for a second straight day on Friday as fears over Portugal and other European sovereigns spread, pushing
British manufacturers' raw material costs rose more than expected last month and at their sharpest annual rate since October 2008 as the cost of crude oil surged, official data showed on Friday.
The dollar hit a seven-month high against a currency basket on Friday, boosted by risk aversion as the cost of insuring the debt of some euro zone nations against default hit record
Greece unveiled legislation on Thursday to make its discredited statistics service fully independent after the European Union demanded it put an end to the release of flawed economic data. The draft legislation,
The Bank of England put a hold on its unprecedented 200 billion pound asset-buying programme for the first time in 11 months on Thursday, but left the door open for more so-called
The number of workers filing new applications for jobless benefits unexpectedly rose last week, according to a government report on Thursday that pointed to a labor market still under stress even as
