FLGS - Global Finance Report

SINGAPORE - Singapore’s economy contracted in the IV/2009 quarter compared to 6.8 percent the previous quarter. However, the Ministry of Trade stated that the slowdown is still below the previous estimates.
In comparison, in the same period in 2008, gross domestic product (GDP) grew 3.5 percent Singapore. A weaker GDP IV/2009 Singapore in the first quarter [...]

COPENHAGEN - Minister for Foreign Affairs of the United States Hillary Clinton announced that his country was ready to join with other rich countries, to raise USD 100 billion every year to fund poor countries and developed in 2020.
Hillary delivered the announcement at the Bella Center, Copenhagen, the site of the Climate Summit was able [...]

Nobel-laureate economist Joseph Stiglitz warned of the possibility of going berkontraksinya United States economy in the second half of next year.
Stiglitz also urged the State Government Uwak Sam to prepare a second stimulus package to create jobs.
“The possibility of this slowdown is very, very high,” said Professor Stiglitz told the press in Singapore, Monday (21/12/2009). [...]

Global trade this year will drop to 10 percent, and a decline unprecedented.
Executive Director of the World Trade Organization (WTO) Pascal Lamy said the government has made progress in dealing with the worst decline in recent decades. But much still remains to be solved.
“In February this year, the global economic slowdown reached its peak,” Lamy [...]

NEW YORK - Crude oil prices dropped below the level of USD74 per barrel in trading Monday (7/12/2009) local time. This sharp decline, as the large number of oil and gas stocks in the United States (U.S.) and reboundnya U.S. dollars. Some OPEC countries ministers also said it does not change the level of production [...]