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Commentary: Globalization globaloney
WASHINGTON, April 6 (UPI) -- The prophets of globalization who saw a new world order ushering humanity into a new age of plenty for all are now adding a little crow -- not yet enough to qualify as humble pie -- to their editorial menus. It is now obvious the invasion of Iraq... A Suggestion: Congress Should Be Taught 'Economic Literacy'
In discussing some of the ideas coming from the Senators, offered as adjustments to or rejection of various elements of the stimulus package currently being haggled over in the Senate, this... U.S. Home Resales Fall; Prices Drop by Record 13.2%
Home sales in the US are falling rapidly, and economists are predicting that they will fall further as increasing unemployment saps demand for new homes, even though interest rates have been cut so dramatically. " Sales of previously owned homes in the U.S. fell more than... Obama Looking at $850 Billion Jolt to the Economy
In theory this sounds good,but he as also talking abouttax cuts. doing both only leads toinflation and deficits.Congress should look long at this. " Anxious to jolt the economy back to life, President-elect... Greman economy enters worst recession
US financial crisis now started showing its effect in EU, the first big victim is non other than strongest economy Germany."The German economy, Europe's largest, contracted more than economists expected in the...German Economy Enters Worst Recession in 12 Years
European stock markets are panicing today as investors learn that Germany, Europe's largest economy, has officially fallen into recession. In morning trading Britain's FTSE 100 was down about 1.3 percent and the... US: consumer confidence hits record low in 40 years
As the US recession unfolds, new figures show consumer confidence continues to fall. "Consumer confidence fell from a reading of 61.4 in September to 38 this month – the lowest level since the index was... Financial crisis: FTSE drops to five-year low
The pound is continuing to plummet against the dollar as fears continue about a global recession. The FTSE has also dipped to a five-year low."The pound lost more than six cents against the dollar as renewed fears... Congress to tweak bailout or risk deep recession
Now Economist acted positively ,and bad politics and leadership is created more problem.And finally the congres agreed to once again to vote for bailout package let see thos time......" By David Lawder and Patrick Rucker -... Top Economists Question Wisdom of Bail Out
Some of America's top economists are signing a letter asking the US Government to give the Administration's hastily conconcted bail out plan a sober second thought. Here is the letter with signatories (so... Fed leaves rate unchanged despite market strains
Despite earlier predictions that rates would be cut, the U.S. Federal Reserve has announced that its key interest rate will remain unchanged."The central bank said Tuesday it was keeping its target for the federal funds rate, the interest that banks charge on overnight loans,...Consumers Predict Inflation Better than Economists
Crap! This kind of screws me since I have a degree in economics but the truth is the truth and, quite frankly, I've known this for a long time. My trust for markets has no bounds. When I have talked about who the candidates are going to pick as their running mates I always...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...
created by phoenixesrose | 1 year ago | updated 1 year ago
874 views | 15 recommendations | 1 comment
874 views | 15 recommendations | 1 comment
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