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Economy News

Easter pain, revival not just symbolic to crisis-hit Greeks

Athens - Trials, suffering, resurrection: the essence of Easter has a special ring to Greeks as the country hopes to pull through a painful six-year recession.
In the Media by Marina Rafenberg (AFP)

Venezuela in crisis as Maduro limps to a year in power

Caracas - A year after promising to continue Hugo Chavez's legacy, Venezuela President Nicolas Maduro is struggling to lead an oil-rich country plagued by economic crisis, violent protests, and rampant crime.
In the Media by Patricia Clarembaux (AFP)

Clashes at mass eviction in Rome as crisis bites

Rome - Riot police dragged away some 350 squatter families from abandoned offices in Rome amid violent clashes on Wednesday -- the latest in a rising tide of forced evictions in Italy fuelled by the economic crisis.
In the Media by Ella IDE (AFP)

British unemployment rate drops below 7%

London - Britain's unemployment rate dropped to a five-year low point of 6.9 percent in the quarter to February, as the country's economic recovery picks up speed before next year's general election.The rate dropped from 7.
In the Media by AFP

PC sales boost as York promised ultra-fast broadband network

York - Sales of PCs, tablets and internet-ready smartphones are set to go through the roof in the city of York, England as the local council announces a fibre optic network offering speeds of one gigabit.
In the Media by Kev Hedges - 1 comment

Russian sanctions would destroy Cyprus economy: FM

Nicosia - Economic sanctions by Europe against Russia "would destroy Cyprus's economy," Nicosia's foreign minister Ioannis Kasoulides said in a German newspaper interview published Wednesday."There are very strong economic ties between Cyprus and Russia.
In the Media by AFP

China's economy slows sharply in first quarter

Beijing - China's GDP grew at its weakest pace for 18 months in the March quarter, data showed on Wednesday, testing Beijing's resolve as its campaign to transform the world's number-two economy comes at the cost of a sharp slowdown.
In the Media by Fran WANG (AFP)

US Treasury warns China over recent yuan fall

Washington - The US Treasury said Tuesday that China cannot be ruled a manipulator of its currency despite the yuan's sharp slide since January.
In the Media by AFP

Brazil economy to grow 3% in 2015: official

Bras - Brazil's economy is forecast to expand by three percent next year, picking up briskly after years of stagnant growth, a top government economist said on Tuesday.
In the Media by AFP

European parliament adopts financial markets rules

Strasbourg - The European Parliament adopted new rules Tuesday to tighten the regulation of financial markets in order to stop rampant speculation, including on foodstuffs.
In the Media by AFP
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Along with the closeout merchandise and surplus merchandise markets  the returned merchandise and li...
Along with the closeout merchandise and surplus merchandise markets, the returned merchandise and liquidation industry generates over $100 billion dollars in revenue annually.

Economy Blogs

Carnegie report: US has no 'silver bullet' to help stabilize Asia

No single regional or alliance response from the U.S. and Japanese militaries can bring military and political...
May 3, 2013 by Tim Watson

The economic summer slump – Can it be avoided?

It looks like it is going to happen again. Despite a very bullish start to the year, last week’s US job numbers...
Apr 8, 2013 by Doug Gundy

EU monitors bioeconomy

The European Commission has announced it will launch an observatory to map progress and impact of the development of...
Feb 26, 2013 in  Reason and Science by Tim Sandle - 1 comment

Obama is Getting a Better Deal than He had Hoped

Good things come to those who wait. President Obama waited for the right to make a realization. He knew they would...
Jan 1, 2013 by JD Rucker

The world never ceases to amaze - Twinkies

Humans never cease to amaze. While most of the world is protesting over the attacks in Gaza, other countries are...
Nov 17, 2012 by Anne Sewell - 7 comments
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