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central [13] |||onomy expanded at the fastest pace in two years in the second quarter, bolsterin

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Fed adds more cash as BOJ demurs at rate hike

| Findory News

Yahoo News: Reuters - The U.S. Federal Reserve on Thursday injected $17.25 billion into the banking system and the European Central Bank was inundated with demand for fresh cash in a money-market tender as the two central banks again took steps to shore up wobbly credit markets.


Chile: Economy Grew 6.1%. in Second Quarter

Fri, 24 Aug 2007 03:25:24 GMT | New York Times

Chile?s economy expanded at the fastest pace in two years in the second quarter, bolstering expectations that the central bank will continue to raise interest rates to prevent accelerating growth and consumer demand from stoking inflation. The economy expanded 6.1 percent from a year earlier, the central bank reported on its Web site, the biggest expansion since 6.3 percent growth in the first quarter of 2005.


LIC expects to sell 1 mn new policies

Fri, 24 Aug 2007 16:05:30 GMT | Business Standard

Life Insurance Corporation of India (LIC), South Central zone, expects to sell 1 million policies of its newly launched Fortune Plus and Profit Plus products by March next year. The south central zone


The Moral Hazard of Central Banking

Mon, 27 Aug 2007 17:32:13 +0000 | Newsvine

Let me present a syllogism. 1. Theft is immoral. 2. Inflation is theft. 3. Fractional reserve banking is inflationary. 4. Central banking is government-guaranteed fractional reserve banking. 5. Immorality leads to judgment. Therefore, we should expect. . . ?


China central banker says annual inflation likely to exceed 3-per-cent target

Wed, 29 Aug 2007 04:50:00 -0400 | CANOE Money

BEIJING (AP) - China's inflation rate this year is likely to exceed the government's three-per-cent target, a central bank deputy governor said Wednesday.


Felix becomes Category 5 hurricane, heads toward Central America

Mon, 3 Sep 2007 05:44:00 -0400 | canoe CNEWS

ORANJESTAD, Aruba - Felix rapidly strengthened into a dangerous Category 5 hurricane and churned through the Caribbean Sea on a path toward Central America, where forecasters said it could make landfall as "potentially catastrophic" storm.


Henriette threatens Mexican mainland; flood fears from Felix in Central America

Wed, 5 Sep 2007 09:50:00 -0400 | canoe CNEWS

CABO SAN LUCAS, Mexico (AP) - Hurricane Henriette threatened Mexico's mainland Wednesday after punishing the Los Cabos resorts, while far to the south, the weakening remnants of hurricane Felix dumped heavy rain over Central America, forcing thousands to flee.


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