Archive for March, 2007

McCain says U.S. lives ‘wasted’ in Iraq; Democrats pounce

Friday, March 30th, 2007

WASHINGTON (AP) Republican presidential contender John McCain, a staunch backer of the Iraq war but critic of how President Bush has waged it, said U.S. lives had been “wasted” in the four-year-old conflict.
Democrats demanded the senator apologize for the comment as Sen. Barack Obama did when the Democratic White House hopeful recently made […]

Forex - Dollar recoups some ground as equities sell-off eases

Friday, March 30th, 2007

LONDON (AFX) - The dollar rallied somewhat as the sell-off on the world’s equity markets eased.
The 400 point plus fall in the Dow Jones index yesterday — the biggest since the September 11, 2001 attacks on the US — prompted hefty initial losses across stock markets in Asia and Europe, but they soon steadied. […]

Weekly Outlook: Dollar’s Risk on Downside in a Busy Week

Friday, March 30th, 2007

Action Insight | Written by ActionForex.com | Feb 24 07 06:52 GMT |
Forex Weekly Review and Outlook Dollar’s Risk on Downside in a Busy Week
The Forex markets were dominated by the Japanese yen last week as BoJ finally raised rate. However, the yen fell sharply across the board since then on typical buy-on-rumors, […]

NT looks forward to strong economic growth

Friday, March 30th, 2007

The Northern Territory Government says the mining boom will combine with the retail and construction sectors to push strong economic growth over the next three years.
Access Economics is predicting growth of between 4.9 and 6.5 per cent in a report that is yet to be publicly released.
Employment growth is also tipped to be more […]

Italy Feb new car registrations 223,504, up 5.66 pct year on year UPDATE

Friday, March 30th, 2007

(updating with further manufacturer data)
MILAN (AFX) - Italy’s new car registrations rose 5.66 pct in February to 223,504, from 211,534 in the same month a year earlier, said the transport ministry.
In the first two months, registrations were up 4.76 pct to 472,678, from 451,184 a year earlier, the ministry said.
In February, Fiat SpA’s own brand […]