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Economic News

In Macedonia, emigration leaves empty villages in its wake

Zelenikovo - Only one man knows how the Macedonian village of Gradovci will vote in Sunday's referendum: Dushan Nikolovski, the sole year-round resident of the near-deserted community, now a collection of crumbling stone homes.

Russians protest pension reform as Putin popularity slides

Moscow - Several thousand people protested Sunday across Russia against a hugely unpopular government decision to hike the pension age that has led to a record slump in President Vladimir Putin's approval ratings.

Economic gender gap could take 170 years to close: WEF

Geneva - The economic gender gap could take 170 years to close after progress towards parity between the sexes suffered "a dramatic slowdown", the World Economic Forum (WEF) said in a report on Wednesday.

Unused mobile phones are wasting £100 million of gold says report

A study has found that over £100 million worth of gold is being wasted inside unused or broken mobile phones in the UK alone. It suggests that mobile operators should be doing much more to encourage the recycling of old devices.

FTSE 100 sets record on Tuesday but fails to hold it on Wednesday

After approval of economic reform proposals submitted by Greece helped the FTSE 100 reach record-breaking levels yesterday, it has fallen back considerably throughout the course of today, with shares in some major companies dropping by nearly 10 percent.

Op-Ed: Nasdaq stops all trading as Economic Armageddon looms

The Nasdaq stops all trading partly because we are now on the verge of a historic economic meltdown. The Dow sinks for the sixth day as traders ponder fed exit. We are heading toward a frightening fall and punishing winter decorated in economic collapse.

Video: MUTE — The visualization of an economic rape

Athens - Yiannis Biliris has created a short documentary which, with very few words, gives a clear picture of the current economic crisis in Greece. The video shows us that Greece's economic rape is turning into a social one.

Op-Ed: World economic outlook is similar to that of the Titanic

Instead of embracing a policy of fiscal responsibility, it appears world leaders are going to simply "grow" their respective economies out of the world wide recession.

The Chinese Yuan May Become A World Currency

China seeks to replace the diminishing U.S. dollar as the world reserve and trade currency, and efforts are underway in Beijing to set up the Chinese yuan for global currency.

Op-Ed: Occupy London – Tent City speaks its mind Special

London - ‘This isn’t an outrageous movement of crazies. Our’s are reasonable demands, and this camp is in the public interest. People just don’t understand this protest; they don’t understand the inequalities that they live with every day.’

Federal Reserve meeting notes indicate more economic growth

Minutes from the latest Federal Reserve meeting released Wednesday show that a spike in economic progress is expected, one that is more positive than policymakers had previously predicted.

UK: More money spent on pampering pets despite economic downturn

The amount of money spent on pet food in the UK has increased, despite negative news on the economy, according to retail analysts.

China to build the world's longest cross-sea bridge

To make the best use of the massive stimulus package, China is to build the world's longest bridge to connect mainland China,Hong Kong and Macao to bring the economic ties closer.

Copper prices surge indicating signs of economic recovery

Copper prices hit a high on Friday of just over $3 a pound and is a strong indicator that economic recovery is at hand as construction and technologies have increased their demands.

All-Star Game a Home Run for St. Louis

President Obama took a break from politics Tuesday evening to participate in America’s favorite pastime. All eyes were on Mr. Obama as he became only the fifth president to throw the first-pitch at the 2009 MLB All-Star game in St Louis.

Pope Promotes the Need for 'World Political Authority'

According to a Canadian news source, at a press conference held on July the 7 Vatican officials announced Pope Benedict’s call for a “world authority” to help curb the economic crisis.

National Volunteer Week comes to a close Special

At least $112 billion a year is generated in the Canadian economy by the efforts of volunteers, according to the Hon. Joseph Volpe who commemorated the efforts of volunteers in the House of Commons during the National Volunteer Week ending tomorrow.

Action needed now to save world, scientist urges Obama

The clock’s ticking and four years isn’t really that far into the future. At stake is the health and safety of our planet, says Professor James McCarthy, President of the American Association for the Advancement of Science (AAAS).

Op-Ed: When Times Get Tough the Immigrants Get Going?

With the U.S. economy on the brink of disaster many immigrants are making the hard decision to return to their home countries. But isn't riding out tough times a big part of what being an American is all about?

Op-Ed: The Great Republican Flip-Flop

Is it just me or does anyone else remember how the Republicans used to support economic stimulus plans? I believe it was about six months ago when their presidential candidate was using the failing economy as his last-ditch campaign message.

Headlines of the World Reflect Universal Economic Disaster

Anyone who doubts that virtually every country in the world has the same issues need only examine the newspapers to learn that it’s a small world after all.

The Tooth Fairy Takes a Bite From Under The Pillow

How heartless the hands (and feet and teeth) of inflation! Now the old tooth fairy has taken a crunch as the amounts being left under pillows for teeth are reaching all time lows. Read on and... bite!

Ohio's State of the State 2008

Governer Ted Strickland has put forth a $1.7 billion economic stimulus package for Ohio that is projected to create 80,000 jobs, and a future for Ohio industries in renewable energy resources.

The Urban Forest an Economic Opportunity

If Canada's federal government and municipal politicians are looking for projects to invest the $1 billion committed to helping struggling communities in then perhaps they need to take a closer look at our urban forests.

Economic growth at a four-year low for the United States

GDP advanced at only a 1.3 percent rate in first quarter amid housing slump

The Canadian Conservative Government to release decade-long economic plan

"Federal Finance Minister Jim Flaherty will be releasing the government's fall fiscal update and a separate document outlining the Conservative economic plan for the next decade."

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