Thursday 24 April 2014
 
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Stimulus

IMF tells world to do more on growth 'marathon'

The International Monetary Fund has urged nations around the world to move ahead more quickly on policies needed to secure a stronger recovery and avoid a prolonged global slump. In a "Global Policy Agenda" for the world

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Yellen: Fed on track to trim stimulus

Federal Reserve Chair Janet Yellen said on Tuesday the US central bank was on track to keep reducing its policy stimulus, even as she acknowledged the labor market recovery was "far from complete." In her first public co

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Egypt unveils $4.9bn stimulus package

Egypt's interim government unveiled its second stimulus package on Monday (February 10), which will inject 33.9 billion Egyptian pounds ($4.87 billion) into the economy, with most of that money coming from aid pledged by the UAE.

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Fed cuts stimulus despite market turmoil

The Federal Reserve trimmed its bond purchases by another $10 billion as it stuck to a plan to wind down its extraordinary economic stimulus despite turmoil in emerging markets. The action was widely expected, although some invest

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Gold slips for third session, Fed policy in focus

Gold extended losses to a third session on Wednesday as investors turned jittery ahead of the U.S. Federal Reserve's statement on the outlook for its bond-buying stimulus. A rebound in stock markets after Turkey raised its key

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GLITTER GONE: Gold to end year down 28pc

Gold staged a modest rebound on Tuesday after falling more than 1 percent in the previous session, but the precious metal was still heading for its biggest annual decline since 1981 because investors shifted money to equities. A d

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Gold hits 6-month low after Fed stimulus trim

Gold slid more than 1 percent on Thursday to its lowest since late June after the U.S. Federal Reserve took its first step away from the ultra-loose monetary policy that had helped drive bullion prices to record highs in recent years.

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Egypt announces $4.36bn economic stimulus plan

Egypt plans to spend around 30 billion Egyptian pounds ($4.36 billion) in a second stimulus package to be launched in January, the finance minister said, 25 per cent more than previously announced. It means the army-backed authori

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Gold drops on US stimulus worries

Gold edged towards a four-month low on Monday on fears of an early end to US stimulus measures and as holdings in the biggest bullion-backed exchange-traded fund fell the most in three weeks.      Spot gold fell 0.3

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Lebanon plans $800m stimulus package

Lebanon's central bank said a planned stimulus package for 2014 will offer around $800 million of incentives to support the country's economy, hit by war in neighbouring Syria and political turmoil at home. The programme w

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