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3/31/2009

U.K. Real Estate Market Showing Signs Of Hope

The U.K. real estate market, which has been in decline since the beginning of the recession, is finally showing faint signs of hope. Real estate prices fell by a smaller margin in the month of March than in any other month since the beginning of the year, indicating that prices could begin to rise in the coming months.

China Pushing For Currency Swaps To Boost International Economy

The People's Bank of China issued a statement indicating that it is looking for currency swaps with other central banks in order to encourage trade.

As the United States, the world's leading economic power, struggles to get out of a recession, China is taking a more key role in world economics.