Oil Price Fallout: Jobs Coming Home?

Outsourcing has been getting more expensive as fuel prices have risen, so manufacturers are toying with the daring concept of domestic production..."The rise in transportation costs are fueling what some economists are calling "reverse globalization." For instance, DESA, a...

Intelligent Ben Stein

OpinonBarry Artiste, Now Public ContributorBen Stein, what's not to say about this ex-Nixon speechwriter who was a part of history when the Watergate inquiry and Nixon's downfall came about in the mid 70's. ...

Indian inflation at 7-year high

Soaring to the highest level in seven years Inflation in India has become a big concern for ruling government. Indian government will be going for an election and it will find it very difficult to explain the...

Cost Of Being Canadian Calculated as 24% Higher

OpinionBarry Artiste, Now Public ContributorCanadians have always paid through the nose for goods from the US one only has to look at US Magazines and Greeting card prices where both Canada and US prices show a...

Indonesia may be on brink of national bankruptcy

"Tuesday is a day on which the Indonesian people commemorate the 100th anniversary of National Awakening Day. It is indeed a rare moment for the Indonesian people to celebrate one of their important historical events, and perhaps while none of the veterans of the May 20,...

Iceland most peaceful nation, US 97th

These types of rankings are funny in some ways--is the 78th spot that different from the 77th?--but good for a ballpark indicator I suppose. In case you're wondering, Canada finished in the 11th spot."WASHINGTON...

Hot money flows to China up sharply: govt economist

"Hot money flowing into China surged in the first quarter to 80 billion dollars on expectations the yuan will rise further and Chinese interest rates will go up, a senior official economist said Monday.That means the monthly flow of the speculative funds this year is nearly...

Canada to Levy Carbon Taxes on Import Goods from Polluting Countries?

OpinionBarry Artiste, Now Public ContributorI asked this very same question almost a year ago, though no response from anyone in government of the mainstream media.Certainly this will create a backlash from both...

U.S. economy losses 63,000 jobs in February

"NEW YORK: The U.S. economy shed 63,000 jobs in February, the government said Friday, the fastest falloff in five years and the strongest evidence yet that the country is headed toward - or may already be in - a recession. The unexpected decline raised expectations that the...

Last year`s high growth, but unemployment rate still high

"Industry Minister Fahmi Idris said recently the country`s industrial growth rate in 2007 dropped slightly to 5.15 percent from 5.27 percent a year earlier, well below the government-set target of 7.9 percent and the prognosis of 6.31 percent."The 2007 industrial growth rate...

Writers Strike's toll on Calif.: $2.5 bil- More to come?

"By Elizabeth Guider, Feb 20, 2008 The ricochet effect from the writers strike might be more far-reaching and long-lasting than first thought. So says Jack Kyser in his just-released annual "Economic Forecast Report" for Los Angeles County and its surrounding areas. The work...

Saskatchewan Home Prices to Increase by 26%

A good family friend of mine made the seemingly spontaneous decision to pack up her life and move to Saskatchewan last year, to much scoffing and snooty response from many of her friends (not me, of course!), living comfortably on the Canadian west coast.She suggested that...

Globalisation: sleepwalking to disaster

"Globalisation: sleepwalking to disaster Ann Pettifor The scale of global debt reflects a broken financial and commercial system that is doing immense damage to the planet and to public life, says Ann Pettifor. 11 - 12 - 2007 On 9 August 2007, globalisation's rickety...

Bank Indonesia`s key rate may have hit bottom but still conducive for growth

"Bank Indonesia, the country's central bank, announced Thursday that it has cut its benchmark BI rate by 25 basis points to 8.0 percent, saying its inflation target is achievable and the risk stemming from the oil price spike is under control. Over the past four monthly...

UK House Price Slump 10% by 2008

The culmination of high interest rates, introduction of Selling packs, credit squeeze on loans and the professionals view that the UK housing stock is 40% overvalued, is now understandably starting to bite away at consumer confidence.The signs couldn't be much bleaker." House...

closeSign in to NowPublic

is reporting from