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Twitter plans $1B stock market launch under TWTR symbol
FRANKFURT, Germany, Feb. 7 (UPI) -- The European Central Bank on Thursday left its monetary policy intact, keeping its key interest rates unchanged while economic expansion remained "subdued."
"The underlying pace of monetary expansion continues to be subdued," said ECB President Mario Draghi at a press conference in Frankfurt, Germany.
Draghi said sovereign debt remains high on the continent and inflation was holding "close to 2 percent."
"Economic weakness in the euro area is expected to prevail in the early part of 2013. In particular, necessary balance sheet adjustments in the public and private sectors will continue to weigh on economic activity," he said.
Draghi acknowledged the need for fiscal discipline. "It is essential for governments to reduce further both fiscal and structural imbalances and to proceed with financial sector restructuring," he said.
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VICTORIA, British Columbia, Oct. 4 (UPI) --
The government of British Columbia said it will launch a study to determine emissions in Kitimat, the hub of the province's proposed liquefied natural sector.
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BRASILIA, Brazil, Oct. 5 (UPI) --
Bradar, a company controlled by Embraer Defense & Security, is to map areas in Brazil subject to natural disasters and monitor environmental preservation areas.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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