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Chinese Premier Li Calls For “New Growth Engines” As Growth Falters

Chinese Premier Li Keqiang has called for new economic growth dynamism and “new growth engines”, state-run Xinhua News Agency reported late Friday night, as the nation looks to find ways to combat faltering economic growth in the world’s second-largest economy. 210 more words

Emerging Markets

Excellent Advice About Home Mortgages That You Will Want To Read

TIP! Plan early for a mortgage. If you are in the market for a mortgage, you should prepare your finances as soon as possible.

Home mortgages are the loans that many people must take out in order to own their own home. 1,300 more words

Reverse Mortgages

How Each Credit Card Is Different

Charge card firms are like watches. Provided that credit card work, you never stress considerably how.

Having said that, their internal mechanisms may differ noticeably. 533 more words

Financial Service

Buying Your Home Now is a Huge Investment Opportunity

John Paulson is a money manager/billionaire with a bit of advice for all of us. He says the best deal investment you can make is to buy your primary residence and live in it. 272 more words

Real Estate

ECB Head Calls for More Inflation in Europe

In the “Stupid is as Stupid does” category, the European Central Bank President, Mario Draghi, says that Inflation is too low in Europe. He says it’s critical that the ECB act quickly and decisively to raise Inflation. 62 more words

Monetary Policy

UK Roundup - Fri 21 Nov

After an unspectacular week, the FTSE 100 rebounded 72 points today to close at 6751. Miners and oil companies were the primary gainers after the Chinese central bank cut interest rates. 194 more words

Equities

China Moves Toward Competitive Devaluation

China’s central bank announced that it was cutting its benchmark interest rate today. The news media have presented this move as a response to slowing growth and especially a slowing expansion of credit in China. 411 more words

Devaluation