The Reality worse then the prognosis. Latest IPCC report.

By, Uwe Paschen.  The Reality is now worse then the prognosis. Climate Change Prognosis have been to Optimistic in light of latest reports indicating that the predicted global temperature changes of between 1.1C...

G7 to avoid protectionism

" Finance ministers at a G7 meeting in Italy said raising barriers to free trade would make the downturn worse. Hours earlier, the US Congress approved an $787bn economic recovery plan that includes a 'Buy...

G7 Ministers Announce 'Action Plan'

G7 finance ministers began a critical meeting today in Washington to address the "ongoing turmoil" in global financial markets: "Finance ministers and central bank officials from leading industrialized nations have kicked off a critical meeting at the U.S. Treasury Department...

Bush Tries to Calm World's Money Fears Before G7 Meeting

American President George W. Bush has "offered assurances" to the world that the U.S. government is 'doing all it can' to help keep its economy from tanking any further but, so far, the world remains unconvinced....

DC G7-IMF-World Bank Protesters?

Washington, DC – The streets around the World Bank and International Monetary Fund (IMF) buildings were locked down this weekend for a meeting between the Group of Seven, World Bank and the IMF. Police and...

Juncker May Talk About Yen Weakness in G7 Meeting

According to the Bloomberg, Europe is seen preparing a draft that offers a warning that delay of a Bank of Japan's rate hike could further distort the Yen rate. It says a draft prepared for European Union's Juncker who is....

Productivity Myth

"production advanced at exactly the same pace (0.4 per cent), while the number of hours worked grew at a more robust rate than production,"

US Productivity Down

" Sure the U.S. has a low tax regime in place for its manufacturing businesses. Lots of tax credits too at the municipal and state level, corporate welfare. Still their productivity is down. And why is that you ask. Because unlike Canada, the State does not pay for benefits. ...

Capitalists Fail To Invest In Canada

"Canada as a country is failing to equip its workers as well as counterparts elsewhere in the world, and Ontario is a major reason for that failure."

Plutocrats Rule

" Mr. Kapur has explained that among countries that function as “plutonomies” — a category that encompasses the U.S., the United Kingdom, Australia and Canada — economic growth is powered by the increasingly wealthy, who dominate both income and...

Quit Yer Whining

"Ok enough whining and calls for more tax breaks out of the Business Lobby; the Canadian Taxpayers (sic) Federation, the NCC and the Fraser Institute. Here are the facts ma'am; Canada still cheapest in G7 for business"

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