Economy

As per the once-a-decade population survey policy of the U.S government, more than 120 million census forms have been posted to the residents throughout the nation.

A multi-billion euros bailout is being planned by European Union (EU) for Greece, a country in debt since a long time.

Countering claims by United States that China is keeping its currency undervalued in order to boost exports, Chinese Premier Wen Jiabao stated that the country has kept yuan stable in order to help global rebalancing.

The foreclosure filings in the nation may not be nearing an end but the pace has definitely slowed. According to the report released by California-based RealtyTrac, foreclosure filings have fallen more than two percent in February from the previous month, thus declining for the second month in a row.

In an overwhelming rejection of the proposal, Iceland citizens have voted out Icesave Depositors Bill in its current form.

In a move to reduce the fiscal deficit, which has been mounting over the past several months, the Greece government Friday passed the austerity measures announced earlier in the week.

China’s Prime Minister Wen Jiabao praised the economy for emerging from recession that had gripped the countries world over.

Dashing hopes that the housing sector is rebounding, a report released Friday shows that the sale of previously-owned homes slipped in January, stumbling for the second month consecutively.

Confidence among the businessmen in Germany slipped for the first time in 11 months in February, according to a survey done by Ifo Institute.

The housing crisis is yet not over but it seems that it has stopped getting worse. In what can be termed as the sign of mortgage crisis nearing end, the number of homeowners in the nation skipping their mortgage payments are declining.