Economy

Draconian budget not needed: Flaherty

The federal budget won't be austerity driven and draconian but will rather take a moderate approach to shrinking the size of government, federal Finance Minister Jim Flaherty said Thursday.

February 23, 2012

2 min read

Berlin split on the fate of Athens

A split has emerged in the German government over whether to grant Greece a second bail-out package.

February 17, 2012

1 min read

China set to become biggest gold market

Perhaps driven by the turbulence in global markets, gold prices continue to edge higher. The price of gold saw an uptick this morning as the U.S. dollar was paring its recent gains versus a basket of currencies ahead of the inflation data from the U.S.

By Vikram Barhat |February 17, 2012

1 min read

Eurozone GDP slips by 0.3%

The eurozone took two steps back in the final quarter of 2011, with five members sliding back into recession.

February 16, 2012

3 min read