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Which Candidate is better for the Economy?
Economists' Statement on John McCain's Jobs for America Economic Plan ARLINGTON, VA -- U.S. Senator John McCain's presidential campaign today released a statement signed by over 300 professional economists in...
New Zealand Economists Lower 2008 Growth Forecasts, Survey Says
Seven of 13 economists surveyed by Bloomberg News predict that the economy was in recession in the first two quarters of the year, which will prompt the central bank to cut interest rates as early as July. ... Germany: High Oil Prices are Painful for Us too!
In light of all of the complaints in the US about high oil prices and gas, today's article in Germany's newspaper, the Spiegel, outlined that this is a global problem that is also affecting Germany and people all... Clinton To Put Gravity Under Scrutiny
It was a matter of time before someone called Hillary on her ridiculous statements about OPEC and who better than Josh Marshall:"What is Hillary talking about? She's going to break up the OPEC oil cartel? Because... U.S. sheds 20,000 jobs in April
The layoffs don't indicate a full-blown recession, apparently, but as one expert notes, it's "recessionary." If we're going to make up recession words, I prefer recessionistic because then you can sometimes say...Rapid inflation threatens India's boom times
"Inflation in India has soared to its fastest pace in more than three years,raising the prospect of a tighter monetary policy that would jeopardise thecountry's fading economic renaissance.The figures, which are deeply embarrassing to the Indian government and werepounced on...U.S. consumer-sentiment index for March slips to 16-year low - MarketWatch
It's not just the folks on Wall St. who are feeling gloomy these days." The University of Michigan/Reuters index tracking consumer sentiment dipped to 70.5 in March from 70.8 in February. The March...News Focus : Government urged not to set high growth target
""Don`t push through the higher economic growth rate target because it will only increase the state budget deficit," he said. The government had initially set its economic growth rate target for this year at 6.8 percent compared to 6.32 percent the year before. But President...Indonesia`s 2007 GDP growth seen above 6 pct - president
"Yudhoyono said the impact of the U.S. subprime mortgage loan crisis would likely be limited on Southeast Asia's biggest economy and he expects his administration to weather soaring global oil prices.The government expects Indonesia's economy to grow at 6.3 percent in 2007...OPEC's lost sway over oil prices
"Cairo - A rare meeting of the heads of state of the Organization of Petroleum Exporting Countries (OPEC) in Saudi Arabia this weekend was predictably focused on prices. But the price most often discussed wasn't the cost of oil, but rather the plummeting US dollar. As oil...Indonesia`s three divas fix the nation`s finances
"Finance Minister Sri Mulyani Indrawati, Trade Minister Mari Pangestu, and the central bank's Senior Deputy Governor Miranda Goeltom form an unusual clique in a country where the establishment is dominated by...Indonesian shares outlook - Mixed ahead of central bank meeting
"Most economists polled by Thomson Financial are expecting Bank Indonesia to leave interest rates on hold tomorrow. They said the 75 basis point reduction in US interest rates in the past two months should give the Indonesian central bank greater leeway to reduce its key rate...American trio wins 2007 Nobel for economics
"The Royal Swedish Academy of Sciences said the three established "mechanism design theory", which looks at how well different institutions fare in allocating resources and whether government intervention is needed. Hurwicz initiated the theory and it was further developed by...Credit crunch batters Japanese housewives
The $US2.5 billion that Japanese individuals lost last month was just a minuscule fraction of the nation's overall household savings, say some analysts."It's comparable to what Japan spends in two weeks on... UK Annual Average Earnings
The Institute for Public Policy Research (ippr) is the UK’s leading progressive think tank, producing research and innovative policy ideas for the United Kingdom. This latest release is sure to surprise most workers and adds further evidence to the growing disparity between...
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