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Think this economy is bad? Wait for 2012.

By Greg Ip Sunday, October 24, 2010 We’re barely two years past the banking crisis, still weathering the mortgage crisis and nervously watching Europe struggle with its sovereign debt crisis. Yet every economic seer has a favorite prediction about what part of the economy the next crisis will come from: […]

US dollar overvalued – IMF

By Agency reporter Friday, 29 Oct 2010 The International Monetary Fund on Thursday said the United States dollar was overvalued on currency markets, while the euro, yen and pound were in line with fundamentals. ”The real effective exchange rates of Japan, the euro area, and the United Kingdom, all appear broadly […]

Nigeria’s economic growth is vulnerable – Sanusi

By Ademola Alawiye with agency report Friday, 29 Oct 2010 The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, said on Thursday that the rate of the country’s economic growth was at risk due to reliance on other countries’ development. Bloomberg quoted Sanusi as saying, in a speech delivered […]