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Colombia Reports GDP Growth 3.1% For 3rd Quarter

Colombia reports GDP growth 3.1% for 3rd quarter as once-torrid economy cools Colombia's national statistics agency says the pace of growth is slowing, with third quarter GDP growth counted at 3.1 percent above the same period a year earlier.Monday's report shows a mere 0.7 percent rise in gross domestic product between the second and third quarters of the year.Quarterly year to year growth rates... [read more]

China Currency Issue Heating up on Eve of US talks

A decline in the Chinese currency's value against the U.S. dollar after months of hovering in a narrow range is threatening to bring the long-simmering issue to full boil as U.S.-China economic talks get under way in Beijing.In Washington, U.S. Treasury Secretary Henry Paulson said Tuesday that Beijing must keep letting the yuan rise against the dollar to help ease trade tensions with the United... [read more]


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