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Drones over U.S. may pose security risks
OTTAWA, Dec. 8 (UPI) -- The Bank of Canada said Tuesday it was maintaining its one-quarter percent interest rate and said it plans to leave it there until the second quarter of 2010.
In its statement from Ottawa, bank Governor Mark Carney and advisors said the country's recovery from the recession was mostly in line with its assessment in April, but not entirely.
Modest deviations from the bank's earlier forecast included the unexpected strength of the Canadian dollar and resulting weak exports in the third quarter.
However, the central bank said it wasn't revising its forecast or plans to maintain the record low interest rate.
"The bank continues to expect economic growth to become more solidly entrenched over the projection period and inflation to return to the 2 percent target in the second half of 2011," the statement said.
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WASHINGTON, Feb. 10 (UPI) --
The Nuclear Regulatory Commission approved the construction of two new nuclear reactors, the first to be built in the United States since 1978.
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STERLING, Va., Feb. 10 (UPI) --
The U.S. subsidiary of Britain's Chemring Group PLC is supplying the Italian army with ground-penetrating radar to counter improvised explosive devices.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Doubts about the euro are not subsiding, new leadership or not, rescue plan or not.
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