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Thursday, November 30
Sterling hits 14-year high against dollar
by
Jet-to-Let Magazine
on Thu 30 Nov 2006 10:55 GMT
Sterling hit its strongest level against the dollar in 14 years on Thursday as traders continued to put pressure on the beleaguered US currency. The pound traded as high as $1.9580 against the dollar, its highest level against the greenback since its ejection from the European Exchange Rate Mechanism in ... more » Tuesday, November 28
OECD forecasts mild world economic slowdown
by
Jet-to-Let Magazine
on Tue 28 Nov 2006 10:52 GMT
The US housing downturn will provoke a "mild" but short-lived world economic slowdown next year, the Paris-based Organisation for Economic and Co-Operation said on Tuesday, as it downgraded its growth forecast for the world's wealthiest nations. In its twice-yearly Economic Outlook, the organisation charged with improving the economic prospects of ... more » Monday, November 20
US property market continues to slow
by
Jet-to-Let Magazine
on Mon 20 Nov 2006 11:54 GMT
The US housing sector continued to slow as starts in the construction of new homes tumbled to a six-year low last month as falling demand and an oversupply of unsold houses discouraged new developments. The Commerce Department said housing starts plunged 15 per cent to 1.5m last month and were ... more » |
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