China’s Foreign Direct Investment Increased 7%

Foreign direct foreign investment China increased seven percent in year on year (YoY) in August of this. This gives hope after declining continuously for the last 10 months.
As quoted by the AFP, Tuesday (15/9/2009), China recorded a total foreign direct investment of $ 7, 5 billion in the last month. This is like saying the [...]

Russian Oil Exploration in Venezuela $ 1 Billion

Russian consortium had paid $ 1 billion to Venezuela to ensure participation in the Orinoco oil fields to exploit, among the largest in the world.
Group consortium consists of five companies that Rosneft, Lukoil, Gazprom, TNK-BP and Surgutneftegaz. South American Energy Minister Rafael Ramirez revealed that the five companies had paid to access the exploitation of [...]

Wall Street Stressed by Employment Data

Stocks on Wall Street fell on Wednesday (2 / 9) local time. The Dow Jones Industrial Average weakened 29.93 points (0.32 percent) to 9280.67. Meanwhile, the composite index of technology stocks weakened heavy Nasdaq 1.82 points (0.09 percent) to 1966.76 and the broader market indicators index Standard & Poor `s 500 dropped 3.29 points (0.33 [...]

American Financial Reform Losing Momentum

United States (U.S.) as one of the main indicators of the world, judged to have lost momentum to reform the financial system.
The U.S. government also considered necessary to make corrections, improvements in corporate control of the potential collapse in the financial system.
As stated by Morgan Stanley CEO John Mack, told CNBC, as quoted by CNBC, [...]

Maintain OPEC Oil Production

Organization of Petroleum Exporting Countries (OPEC) agreed to restrain their oil production quotas. This was revealed in a meeting of countries producing oil.
“This is done since the oversupply of the market remains a risk related to the economic recovery is very fragile. Therefore, the conference agreed that current production levels unchanged,” the statement OPEC’s closure [...]