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Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Friday, February 1, 2013

A decade of slow growth?

By Fareed Zakaria From: Cnn.com: Every year at Davos, people like me try to get a sense of the mood of the place, take the temperature of people in this frosty mountain resort.

Obviously, I will give you a highly impressionistic and personal picture, but it’s one I find useful since Davos does bring together leaders in government, business, media – even the NGO community – from all corners of the world. It is genuinely global in a way that few conferences are... FULL STORY

Monday, November 19, 2012

The U.S. Recovery Has Been Spectacular*

We need a real recovery. That's what Mitt Romney said during the campaign, and he was right. Five years since the start of the Great Recession, unemployment is still far too high. It's not for a lack of optimism among policymakers. As Evan Soltas pointed out, the Federal Reserve keeps predicting that prosperity is just around the corner, only to find it's not. Catchup growth is the new Godot. FULL STORY *Compared to almost every other rich country and almost every other financial crisis.

Saturday, November 17, 2012

Fiscal cliff would drive the U.S. economy back into recession.

Congressional Budget Office released a report showing that the most harmful consequences of the fiscal cliff, a fully armed and operational fiscal cliff would cost us 3.4 million jobs. Obama Fiscal Cliff Deal Risks Brush With Recession

Tuesday, April 26, 2011

Dollar tumbles to all-time low vs. Swiss franc



The euro struck a 16-month high against the dollar and the Swiss franc notched a record high versus the US unit on Tuesday..

Source: www.breitbart.com

Saturday, July 10, 2010

Japan's Bonds Fall, Post First Weekly Loss in a Month


Japanese bonds fell for the first time in five weeks as signs the global recovery is intact damped demand for...

Friday, June 11, 2010

Weak US retail sales data hits World Stocks


World stocks were weighed down Friday by news of an unexpected drop in U.S. retail sales, which suggests the recovery in the world's largest economy is slower than expected...