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Shares in troubled Italian bank jump on rescue deal Aug 1st
MILAN – Shares in troubled Italian bank Monte dei Paschi di Siena have jumped as investors cheer a rescue deal from private investors that means the bank will not be nationalized.
Monte dei Paschi was by far the worst performer in stress tests of 51 European banks but sought to head off any sp.... More »
China inflation up 1.9 per cent in June, slowest in 6 months Jul 10th
BEIJING, China – Chinese government data showed consumer prices in June rose at the slowest pace in six months, suggesting the world’s second-largest economy is still experiencing weak consumer demand amid a broad downturn.
The National Bureau of Statistics said Sunday China’s cons.... More »
Canadians getting sick trying to cut food costs: study - CityNews Toronto + MORE Apr 27th
Canadians getting sick trying to cut food costs: study CityNews TorontoCanadian food banks are on the brink: ‘This is not a sustainable situation’ Global NewsCanadians are taking more risks with their food due to high prices National PostCHARLEBOIS: The hidden co.... More »
Toddler Sues US Over LGBT Discrimination After Twin Brother Is Given Citizenship and He Isn't - Newsweek + MORE Jan 24th
NewsweekToddler Sues US Over LGBT Discrimination After Twin Brother Is Given Citizenship and He Isn'tNewsweekA 16-month-old toddler has been named as a plaintiff in a federal lawsuit against the government after his twin brother was given U.S. citizenship and he wasn't, in what an LGBTQ gr.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Mar 18th
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Loonie Looking Vulnerable Again
– blogs.wsj.com
After a few weeks of treading water, the Canadian dollar looks vulnerable again as central banks on both side of the U.S.-Canada border whip up some choppy trading for the currency.
Canadian Finance Minister Jim Flaherty resigns from cabinet
– moneysense.ca
TORONTO - Longtime Canadian Finance Minister Jim Flaherty has resigned from his cabinet position.
Flaherty, who has had the job since 2006, said Tuesday he is returning to the private sector.
He has battled a rare skin disease over the last year but he says his decision to leave politics is not related.
Prime Minister Stephen Harper’s Conservative government plans on entering an election next year with a budget surplus.
Canada’s commodity-rich economy avoided the worst of the 2008 financial crisis and has fared better than other nations. There was no mortgage meltdown or subprime crisis in Canada, and Canada’s banks are rated among the soundest in the world.
The post Canadian Finance Minister Jim Flaherty resigns from cabinet appeared first on MoneySense.
Flaherty, who has had the job since 2006, said Tuesday he is returning to the private sector.
He has battled a rare skin disease over the last year but he says his decision to leave politics is not related.
Prime Minister Stephen Harper’s Conservative government plans on entering an election next year with a budget surplus.
Canada’s commodity-rich economy avoided the worst of the 2008 financial crisis and has fared better than other nations. There was no mortgage meltdown or subprime crisis in Canada, and Canada’s banks are rated among the soundest in the world.
The post Canadian Finance Minister Jim Flaherty resigns from cabinet appeared first on MoneySense.
