LAUNCESTON, Australia (Reuters) – It must be getting increasingly hard for the World Gold Council to find something positive to focus on when compiling its quarterly report.
The latest instalment, released on Thursday, is no exception and the council, which represents gold producers, chose to highlight what it termed the “good health” of the market for jewellery.
LAUNCESTON, Australia, Oct 23 (Reuters) – (Clyde Russell is a Reuters columnist. The views expressed are his own.)
There is now no doubt that the big three global iron ore miners are producing record amounts in their bid to dominate the industry. The question remains, what will happen if they succeed?
London (Reuters) – Crazy or brave? That might be the most logical thought if anybody told you now was a good time to invest in commodities, given the sharp declines in the main indexes in the past few months.
But that’s exactly what the overwhelming majority of fund managers and bankers were advocating at last week’s World Commodities Week conference in London.
LAUNCESTON, Australia (Reuters) – –Clyde Russell is a Reuters columnist. The views expressed are his own.–
Gold bulls tend to flit from one thing to the next in their search for a reason for the precious metal to rally, with the latest hope being Narendra Modi’s election victory in India.
LONDON, Ontario, Feb 25 (Reuters) – The head of the Bank of
Canada reiterated on Monday that the next move in the country’s
interest rates is likely to be higher, even as he acknowledged
growth in the last quarter of 2012 might have been softer than
Governor Mark Carney noted that the central bank only last
month said there’s ultimately a need for some withdrawal of
monetary policy stimulus, though the prospect was “was less
LONDON, Ontario, Feb 25 (Reuters) – Banks and regulators
need to do a lot more to rebuild the trust in the financial
system that was shattered in the recent crisis, Bank of Canada
Governor Mark Carney, head of the G20′s Financial Stability
Board, said on Monday.
The Group of 20 leading economies has made progress in
financial reforms which will go a long way, but these alone will
not be sufficient, he said in a speech to business students at
Western University in London, Ontario.
TORONTO, Feb 19 (Reuters) – Ontario’s Liberal government
with its newly minted female premier pledged on Tuesday to work
with its opposition parties to bring its spending under control.
Ontario, Canada’s richest province, kicked off its new
legislative session with a traditional speech from the throne
that outlined the priorities of Premier Kathleen Wynne’s
government that could soon face a vote of confidence.
Jan 24 (Reuters) – Canadian native leaders vowed on Thursday
to carry on the fight for better living conditions as a chief at
the center of a simmering aboriginal protest movement was
hospitalized after ending her six-week hunger strike.
Chief Theresa Spence, from a remote northern Ontario
reserve, ended the strike after holding negotiations with other
aboriginal leaders and opposition lawmakers in the Canadian
TORONTO, Jan 15 (Reuters) – Canadian natives slowed traffic
on a bridge crucial to U.S.-Canadian trade on Wednesday as
aboriginals across the country staged a “National Day of Action”
to protest their living conditions.
Hundreds of natives, some wearing colorful dress and banging
drums, blocked an access road leading to the Ambassador Bridge,
according to the Globe and Mail, slowing traffic on a major
trade artery that connects Windsor, Ontario, with Detroit,
TORONTO, Jan 13 (Reuters) – Canada will spend C$330.8
million over the next two years to improve water systems on
aboriginal lands, as the Conservative government tries to deal
with growing unrest on native reservations.
The government said it will improve water systems in more
than 50 First Nation communities on reserves where residents
often complain of deplorable infrastructure and housing.