TOP 100 FINANCIAL SITES
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| Tweaking taxes is not the way to prevent future asset bubbles Just over a week ago, the Bank of England called for a debate on how to prevent future asset bubbles. Adam Posen, a member of the BoE committee that sets interest rates, has responded quickly. He wants to use housing taxes to stop future booms. telegraph.co.uk |
Britain's debt now a 'riskier proposition' than Italy's Investors now view Britain as a riskier lending proposition than Italy, with its cost of borrowing rising above 4pc for the first time this year. telegraph.co.uk |
Economic Report: British house prices rose 5.9% in 2009: Nationwide British house prices rebounded by 5.9% in 2009, as pent-up demand, low interest rates and tight supplies outweighed a continuing recession, mortgage lender Nationwide reports Thursday. feeds.marketwatch.com |
Obama's goal: Get agenda moving, people believing WASHINGTON (AP) -- President Barack Obama will devote most of his first State of the Union address on Wednesday to fixing an economy that has sapped the nation's spirits and eroded his standing, with calls for tax cuts for small businesses and more restraint from a government that keeps piling up debt.... hosted.ap.org |
Grim Rusal debut is a boon for London Shares in Rusal, the Russian aluminium group controlled by Oleg Deripaska, plunged more than 10pc in their first day of trading in Hong Kong, but management declared the result "reasonable". telegraph.co.uk |