Economic

Vu Viet Ngoan, Deputy Chairman of the National Assembly’s Economics Committee, former General Director of Vietcombank, has warned that economic groups are exposing themselves to high risks by making investments in foreign fields. At the ongoing 12th National Assembly third plenum, the massive investments of state owned economic groups are of great interest to National Assembly deputies. 50% of

The administration of President Susilo Bambang Yudhoyono is slated to issue its last package of economic policies later this month to help expedite private investment and spur economic growth ahead of next year’s elections. A copy of the draft package, titled Focus of Economic Programs 2008-2009″, obtained recently by The Jakarta Post from the Coordinating [...]

The Japanese Money Tree: How Investors Can Prosper from Japan's Economic Rebirth日本摇钱树# Author: Andrew H. Shipley # Format:PDF 1.03MB# Page Count: 288 pages# Publisher: FT Press (February 19, 2007)# Language: English# ISBN-10: 0132343908# ISBN-13: 978-0132343909For over a decade, investors shunned Japan, which had been stuck in an economic quagmire. But reforms have unleashed the world's second largest economy. Andrew H. Shipley's The Japanese Money Tree challenges the stale conventional wisdom regarding Japan's grim prospects, and highlights how foreign investors are making the most of exciting opportunities in Tokyo. He also reveals how readers themselves, whether institutional money managers or individual investors, can profit from Japan's economic rebirth.The Japanese Money Tr

Israel at 60 is as prosperous as it has ever been, but not without challengesThis weekend Israel celebrates its 60th year of independence. Since 14.5.1948 this small country in the heart of the Middle East has turned from an agricultural based economy into a full blown economic wonder and success story.I chose to review Israel economic success through this list of little known facts and figures which, unfortunately, hardly ever make it to the news. The list will be divided in to Geography and Government, Economic Review, High-Tech Industry, Education, the Stock Market and Challenges.Geography and Government1. Israel has a very small land area of approximately 8,500 sq. miles (vs. 3,794,100 sq. miles of the US).2. Israel is a representative democracy with a parliamentary system.3. Israel’

Business Times - 09 May 2008 Test of Singapore's economic resilience MUCH has been written about the nature of the beast, about whether it's shaped like a U, V, L or even W. We're talking of course about the impending - or, as oracles like former US Federal Reserve chief Alan Greenspan and Berkshire Hathaway's Warren Buffett contend, the ongoing - US recession. What's clear is that the world's largest economy, hammered by a massive financial crisis that has reverberated across the globe and further weakened by ever-rising oil prices, is on the ropes. And the impact of a US economy brought to its knees by a recession, whatever the shape, is bound to shake national economies everywhere. Singapore awaits with concern, but also a measure of quiet assurance. It's a beast we've faced before, thi

Excellent capture by: Looking Glass Due to what seems to have been a bug in the new version of Wordpress, this post did not publish as it was supposed to this morning at 8:00EST. My apologies for it being late. Today has actually been a great day so far, and it’s only 8:00am here on the [...]

The Vietnam – Laos – Cambodia Economic Cooperation Development Association was officially introduced on May 6, in Hanoi to contribute to developing economic cooperation among the three countries. The Minister of Planning and Rural Development said that investment cooperation between Vietnam and two neighboring countries Lao and Cambodia was developing. Legal and policy frameworks with the two

Viet Nam is predicted to post gross domestic product (GDP) growth of 7.2% this year, compared with 8.84% last year. In the most likely scenario forecast by Vietnam's Central Institute for Economic Management (CIEM), the institute also predicted the country's inflation rate of 19.4% and export growth of 26.2% in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Zoning master plans have yet to be perfected, causing difficulties for localities to work out their own zoning plans, said Deputy Prime Minister Hoang Trung Hai at a briefing held by the steering coordination committee for the development of northern key economic region (NKER) in Hanoi on May 8. According to the committee, in 2007, the industrial proportion accounted for 43.7% of GDP, services (

The office of National Statistics suggest that England will soon become the most Crowded place in Europe. Forecasts suggest that the population of the UK will increase by 33 % in the next 50 years as it becomes the most crowded country in Europe. Estimates for the population are that it will rise from 50 million to 68 million. This gives a population density of 1,349 person for every square mile

Photo by: javYliz Many people are wondering why they haven’t received their 2008 economic stimulus tax rebate checks. This is especially true for those that expected to receive their payments based on the schedule the IRS published and have’t yet received them. To further confuse matters, the IRS also said they were [...]

So far, every picture that Pat or I have taken since we started going the digital route underwater has been with the onboard flash or with available light. We both now have Canon G9 camera setups and decided that we'll take the opportunity of the stimulus windfall to pick up the Ikelite strobe package linked here:This strobe isn't a high end strobe package, but it packs a fair punch for the price and might be ideal for our use. I'd been curious about it, as it offers a decent amount of power for macro and nearby pictures, say to about 3-4 feet, for the price. It just came out in the last couple of months so there's not a lot of them out there just yet, but a customer the other week had one and is quite happy with it so far. It's made to be compatible with most of the point and shoot ca

According to Business Week's Peter Coy, the current economic slowdown is impacting men more than women due to the nature of their jobs. So what does this mean for male breadwinners in the future? From the article:From last November through this April, American women aged 20 and up gained nearly 300,000 jobs, according to the household survey of the Bureau of Labor Statistics (BLS). At the same time, American men lost nearly 700,000 jobs. You might even say American men are in recession, and American women are not. What's going on? Simply put, men have the misfortune of being concentrated in the two sectors that are doing the worst: manufacturing and construction. Women are concentrated in sectors that are still growing, such as education and health care. This situation is hardly good n

digg_url = '-didn%e2%80%99t-i-receive-my-economic-stimulus-check/'; It’s early May, the last two digits of my social security number are between 00-20 and I filed my taxes on time with a direct deposit and I have some serious spending to do – where is my stimulus?  Well, serious spending is more like a new ceiling fan and light fixtures, but [...]

With all the doom and gloom talk about the current (or looming, depending on your view) economic recession and housing bubble, I thought it would be nice to talk about some of the benefits that should be realized by these otherwise negative events for a change. An economic recession is not a joyous time for most people, as jobs and wages are cut and belts are tightened, but there are some positives. The housing bubble, for one, should be looked at as an overall good thing for many people who were priced out of the market. In many parts of the U.S., homes were just flat out getting too expensive; now that they have dropped by double digit percentages in most areas, they are becoming more affordable. Obviously this isn’t necessarily a good thing for current homeowners, but it is certainly

Big money on the waySo now that you've got your rebate on the way, you may find yourself with an extra cash that you can use to buy that new TV, save for retirement or use to pay down debt. If you're not sure of when you'll be getting your payment, check out our post titled, "Economic Stimulus Rebate: When will you get your rebate?" My wife just got out of the hospital after a 3 week stay for a blood clot in her left leg. It was a major health scare and we're just thankful that she made it through alive. Because of her long hospital stay, however, we will have to deplete part of our emergency fund to pay all the bills. Luckily we had good insurance and we'll only end up paying about $2000 of a total bill that will probably be in the hundreds of thousands of dollars. For us, finding a way t

Sources-photos: a report at the guestbook.After a decision of the board and the dean Prastakos os ASOEE (Economic university of Athens) the announcement tables and posters of political groups and collectives were removed early in the morning, so students of RAS-EAAK, ARENA collective and the self-managed infoshop of ASOEE, realised a protest. After a conference of the students union, the board hall was occupied by students that expropriated material (papers, tvs, telephones, fax machines), vandalised E.U. and greek state flags and spray painted slogans. As a response, Prastakos decided to block the operations of the secreteriats and the classes, and threatened to cancel the exams period, while he denied to return the tables.

Economic Reform In China And India: Development Experience In A Comparative Perspective中国和印度的经济改革# Author:Joseph C. H. Chai, Kartik C. Roy# Publisher: Edward Elgar Publishing # Number Of Pages: 295 # Publication Date: 2006-06-27 # ISBN-10 / ASIN: 1840649879 # ISBN-13 / EAN: 9781840649871 Recent acceleration of the Indian economic growth rate from six to eight per cent has sparked worldwide speculation that India is about to catch up with China and become another Asian miracle economy. Economic Reform in China and India examines this prospect, reviewing the development strategies pursued by the two countries over the last 50 years in general, and exploring recently introduced reform measures in particular. The culmination of many years of research by specialist

The Viet Nam-Laos-Cambodia Association for Economic Cooperation Development made its official debut in Hanoi on May 6. The voluntary association aims to boost support among members and raise the efficiency of economic and investment cooperation between member countries. It will also gather members’ opinions on strategies and policies relating to economic and investment cooperation. Beginning

STAMFORD, Conn., February 12, 2008 - Despite the current economic downturn, the software industry is poised for growth in 2008, with worldwide enterprise software revenue totaling $190.7 billion in 2008, an 8.2 percent increase from 2007 revenue of $176.3 billion, according to Gartner, Inc. While the software market is forecast to grow, it will face [...]

Professor Duy released the March U of O Index of Economic Indicators this week and things aren’t improving.The University of Oregon Index of Economic Indicators™ dropped sharply in March, fall­ing 0.7 percent to 101.9 (1997=100). Only two indicators—the interest rate spread and the weight-distance tax collected—im­proved. Remaining indicators held roughly steady or deteriorated. The index continues to decline at a rate consistent with weak economic growth and a high possibility of recession. Still, even if a technical recession is avoided, continued strains on household finances suggest a prolonged period of eco­nomic weakness.Click on any graph for a better image.As a general rule of thumb, a decline of 3.5 percent over six months, coupled with a decline in more than h

Forming economic groups from general corporations seems to be in fashion in Viet Nam. However, experts have pointed out that this is not a good thing in all cases. The director of a Japanese investment fund said that he cannot understand why Vietnamese enterprises like the word ‘economic groups’. The reports of equitised corporations and private companies all say that the corporations aim to

Food Prices To Rise 50% Globally Some of the fattest people in America are among the poorest. And with food prices rising, the problem is likely to get worse.The U.S. Department of Agriculture predicting food prices will be up 4.5 percent throughout the year, due to high fuel costs, weather problems, and the growing diversion of corn crops to make ethanol. Globally, prices will rise nearly 50 percent, according to the president's Council of Economic Advisers."The food crisis will make obesity and attendant diabetes even more rampant," said University of Washington epidemiologist Adam Drewnowski. "Fruits, vegetables and fish are becoming luxury goods completely out of reach of many people. Consumption of cheap food will only grow. "Obesity is the toxic consequence of a failing economy."Whil

The Sudan government is seeking about $6 billion in aid from the world to help rebuild its devastated nation, particularly Darfur, where 200,000 have died and 2.5 million been displaced. Yesterday, a Sudan Antonov plane hovered over the village of Shegeg Karo for several minutes, surveyed the scene, and then dropped bombs on the [...]

Reprinted from "How to Buy and Sell Real Estate at a Profit" by W. A. Carney, published in 1905, and now in Public Domain. Observers who have made a study of the matter claim that booms and panics occur in...

Not much going on this week in the way of economic events and on the earnings front there will be just a few companies of interest reporting. The market has managed to rally back up to the 50% retracement area of the lat big move down. A rally to the .618 retracement level at/near the 1450-1455 area is possible this week. For today, keep an eye on the market’s reaction around the 1403-1406 area

If you're anything like me you're probably wondering when you'll be receiving your economic stimulus rebate check or direct deposit. After checking it out today I found that the IRS has setup a payment schedule based on people's social security number. My wife and I opted for the direct deposit, which means we will likely see our money by the 16th of May (based on my SSN). To get an idea of when to expect your own stimulus rebate, please see below.DIRECT DEPOSIT Last two SSN digits: Payments will be transmitted no later than: 00 through 20 May 2 21 through 75 May 9 76 through 99 May 16 Paper checks will also go out based on Social Security number. For Social Security numbers ending in 00 through 09, the paper checks

The best source for Realtors to find free “calculator” tools and research, to help people decide the best cities in the US to live, are provided by the Economic Research Institute. The best page to find these valuable tools is the ERI “Career and Cost of Living Comparison” page. In addition a number of valuable [...]

President Bush stated that American are in a "tough economic period" after several reports were released on Friday that indicated weakness in the economy. The economy lost more American jobs for the fourth straight month in a row, and total economic growth is near zero here in America.

During the Clinton administration, all we heard about was how great the economy supposedly was. The record low unemployment rates were always one of the figures touted.Yet, as soon as George W Bush became President, all of a sudden we started playing by a different set of rules.In the fall of 1996, Slick Willy was running for reelection on a so-called nirvana economy, with an unemployment rate of 5.9%. Yet, today, despite all the oil shocks and credit crunches, our current National unemployment rate sits at at a rate of 4.95%. That is just shy of a full percentage point better than nirvana. Despite all of the doom and gloom, the Bush economy is not in a recession. In fact, the Bush economy has grown each month that his economic plan has been in effect-77 in a row. If you compare the averag

May 3 - President George W. Bush said Americans are ``facing a tough economic period'' after reports this week showed the economy lost jobs for a fourth straight month and economic growth was close to a standstill. ``My administration has been clear and candid on the state of the economy,'' Bush said today in his weekly radio address. ``We saw the economic slowdown coming, we were up front about these concerns with the American people, and we've been taking decisive action.'' Payrolls shrank by 20,000 workers last month, following a revised 81,000 drop in March, the Labor Department said yesterday. The same day, the Federal Reserve, seeking to prevent a deeper slowdown, announced fresh measures to coax banks into lending. ``I'm confident we can weat

These Groups should focus on their main activities or they will fail to become strong and competitive, said the President of the Viet Nam National Garment and Textile Group (Vinatex), Le Quoc An. State-run enterprises currently hold up to 80 percent of credit capital from domestic banks and 70% of foreign borrowing capital but their earnings account for merely 40% of GDP but they have failed to

WASHINGTON - INTERNATIONAL Monetary Fund chief Dominique Strauss-Kahn said that he does not see the United States economy recovering from its current doldrums this year.Describing a US government labour report on Friday that showed fewer than expected job losses as a 'flash in the pan', the IMF managing director said on Friday 'the medium-term trend remains what has been forecast and the US economy would not be on the road to recovery before the end of the year'.The IMF has forecast a 'mild recession' in the United States, with annual growth a paltry 0.5 per cent.Mr Strauss-Kahn, speaking to reporters after meeting with French Prime Minister Francois Fillon at IMF headquarters, cautioned that 'one must wait to see the next US data'.The US Labor Department reported US employers cut 20,000 n

Despite the seemingly good news that the U.S. has avoided a technical recession, there's actually a bit more to it than that. From a story by BusinessWeek's Peter Coy:...the cut in the federal funds rate they announced on Apr. 30—a quarter-point, to 2%— probably won't be enough. Senior U.S. economist Paul Ashworth of London-based Capital Economics predicts the Fed will be forced to cut the funds rate to 1% by summer's end. The U.S. economy remains in dire need of aid, and the financial system, while no longer in flames as it seemed to be a couple months ago, is still smoldering. At the same time, inflation, aside from food and energy, is more a theoretical threat than a real one. Core prices rose just 2% from the first quarter of 2007 through the first quarter of 2008, going by the Fe

Project Officer – Economic and Social AffairsThe Friedrich-Ebert-Stiftung (FES) is the oldest of the German political foundations committed to the values of social democracy. Established in 1925 as a non-profit, non-governmental organization, its primary purpose today is the education of people from all segments of society in the spirit of social democracy, and the strengthening of international cooperation to further peace and development. In its international work, the Friedrich Ebert Foundation has a strong emphasis on development issues and maintains a network of offices and programs in more than 80 countries, mostly in Africa, Latin America, the Middle East, Asia and the Pacific.The New York Office is located close to the United Nations in New York and serves as a liaison between th

According to Nguyen Dinh Cung, Head of the Macroeconomic Policy Department under the Central Institute for Economic Management (CIEM), it is now the right time to set up an agency at the ministerial level to supervise the operation of state owned economic groups and manage the state owned capital in enterprises. What is your comment about the fact that economic groups are now tending to encroach

As airlines declare bankruptcy and gas prices push toward $4.00 a gallon, the housing market is being effected severely. Heightened uncertainty is causing most homeowners to stay put and wait things out, as the wild ride of the economic downturn continues. Suburbs are being greatly effected as in many parts of the country sales of homes [...]

The Saigon Investment Joint Stock Compan Wednesday began construction of yan economic zone in the central province of Quang Tri. The 63.6-hectare Bac Thanh Co Economic Zone, in Trieu Phong District, is expected to cost VND950 billion (US$59.4 million). It will have a monument to soldiers who died in the Vietnam War in Quang Tri town’s Thanh Co (ancient citadel) area in 1972. Its facilities

Is America in Economic Decline? America in economic decline? Everyday, it seems there is a new economic statistic about a weakening US economy or a news report about the US$ dropping in value against other currencies. My answer is: NO. Maybe right now the dollar is at a low level and portions of the American economy could [...]

Why I Ditched Dave Ramsey Interesting critical perspective from Ariah Fine on Dave. Extensive discussion in the comments section too (although I would only read the first criticism and Ariahs response, as some of the comments get to be either trite or flame oriented). Ariah, still seems to believe in Dave’s overall [...]

“The news isn’t all bad… Some U.S. companies are making the most of the weak dollar trend. How? By ramping up business overseas.” — Ann Sosnowski by Ann Sosnowski Baltimore – (TFN): In many ways, the weak dollar is making life harder for Americans. All the “stuff” we import, from oil [...]

My buddy "Kramer", Bagman's cousin, has a novel way to help jump-start the economy. It involves both spending and investing. Although, it might likely leave you muttering under your breath "That's why they call it gambling!" Because Kramer is allowing me share his picks with my readers, we are going allow him to make the annual Bagman Buy That Man a Dinner Sweepstakes a trio this year. As a

“You’re seeing a price revolution unfold before your very eyes.” — Ed Bugos by Ed Bugos Baltimore – (TFN): The economy doesn’t know what to do with itself. The Fed has made it all but certain that inflation will be a problem. Prices are rising and everything has become [...]

photo by Argenberg The government Stimulus checks started going out on April 28th. If you are expecting one you should start looking for it in May (here’s a post listing the dates). So what are you going to do with the extra money? Here are a list of ideas for using your stimulus check: Pay off [...]

Israel is coming under extednsive pressure from the world community to implement new policies governing the daily lives of Muslim inhabitants of the West Bank. President Bush is expected in Israel within a few weeks, and nations are suggesting Israel might strengthen his ability to impact blocked Israel and Palestinian negoatiations if there was a [...]

Well, it looks like the first of the economic ‘stimulus’ payments are arriving in the mailbox (and being spent at the gas pump). The other day I noticed that Dave Barry had added his two cents on the tax rebate checks. For those of you who aren’t familiar with Dave Barry, he is [...]

Economists think the Fed may be inclined to leave rates at such low levels possibly through the rest of this year and maybe into next year. WASHINGTON (AP) — The Federal Reserve is poised to deliver another interest rate cut to millions of people and businesses this week, although that could be the last break they [...]

As you might have heard, the Federal Economic Stimulus Package is coming out early for those people receiving one. Everyone that has filed taxes that is eligible should be starting to receive their checks (starting this week for electronic deposit, and next week for paper checks). That means the average individual will get a [...]

This should apply to all companies, but is particularly relevant for financial advisers, when a recession looms invest in your website beforehand. Turbulent market conditions make investors nervous and want to withdraw to a safer place, however the right thing to do in many cases is to leave well alone. As consumer confidence drops they’ll [...]

This should apply to all companies, but is particularly relevant for financial advisers, when a recession looms invest in your website beforehand. Turbulent market conditions make investors nervous and want to withdraw to a safer place, however the right thing to do in many cases is to leave well alone. As consumer confidence drops they’ll [...]

Our interview series continues today with Wilbur Jones from Phoenix, AZ answering a few questions from George Broadbent and credit, finance and the effect of the economic slow down.. George Broadbent: Good Afternoon Wilbur, thank you for taking part in this interview today. Can I please start by asking [...]

Our interview series continues today with Ronald Taylor from Grand Rapids, MI talking to Eve Robles and credit, finance and the effect of the credit crunch.. Eve Robles: Hello Ronald, thank you for chatting to us today. Can I please start by asking what you do for a living? Ronald Taylor: [...]

Our interview series continues today with Janet Avery from Maitland, FL talking to Ted Sishaw and credit, finance and the effect of the recession.. Ted Sishaw: Hello Janet, thank you for talking to us today. Can I please start by asking what business you are in? Janet Avery: I'm a professsional Manager, [...]

There are a bunch of promotions offering 10% bonuses for using your economic stimulus check to fund a gift card with a retailer. Retailers offering the promotions include Kroger, Radio Shack, Supervalu, Sears, K-Mart, Home Depot, and Staples. If the supermarket names don’t sound familiar to you check the supermarket sites because they have several [...]

Viet Nam will cut its gross domestic product (GDP) growth target to seven per-cent this year from initial goal of 8.5-9% due to unfavorable changes in the international and domestic market, said a local official Monday. During the third session of the 12th National Assembly (NA) of Viet Nam opening on May 6, the country's top legislature is scheduled to consider the cut, vice head of the NA's

Introduction   Africa’s rise to prominence in the geopolitics of the 21st century is explained largely by the renewal of great power interest in the region of the world once dismissed as the “forgotten continent.” This great power concern reproduces the same power-play which is reminiscent of the Cold War when inter-locking and overlapping interests of great [...]

A personal loan is a way to find out solutions for all your economic problems. In order to get a collateral free deal in personal loan you can go with unsecured personal loans. With unsecured personal loans you are not required to place any collateral as the security of the loan money. This method allows you to avail money on easy terms.As the name of the loan denotes this is a loan for your personal needs without placing collateral. You can utilize the money of the loan for your various personal requirements like your home improvement, renovation, construction, wedding expenses, car purchase, education fees, vacations and other expenses.Unsecured Personal Loans are free from the issues of collateral that means that your property does not fall under the consideration of the loan. You are r

Our interview series continues today with Carl Herrington from Providence, RI talking to Charles Morris and credit, finance and the effect of the recession.. Charles Morris: Good Day Carl, thank you for chatting to us today. Can I please start by asking what business you are in? Carl Herrington: I'm a Administrative [...]

Our interview series continues today with James Muniz from Laughlin, NV chatting t Charlene Fiore and credit, finance and the effect of the recession.. Charlene Fiore: Good Afternoon James, thank you for talking to us today. Can I please start by asking your line of work? James Muniz: I work as [...]

Our interview series continues today with Mary Gonzalez from New York, NY talking to Andrew Gesley and credit, finance and the effect of the credit crunch.. Andrew Gesley: Good Day Mary, thank you for chatting to us today. Can I please start by asking what you do for a living? Mary [...]

Hello everyone. It looks like the IRS decided to send out the economic stimulus rebates early. I have no problem receiving my rebate almost a week earlier than initially scheduled! My wife and I don’t actually have any big plans for the money - after paying my tax bill this year ($1,100) and receiving the rebate [...]

Sears is pretty desperate for that stimulus check money. They're offering a bonus to anyone who converts their stimulus check into a Sears Gift Card. Note that the Stimulus Rebate is NOT an advance on next year's refund.Sears plans on offering a 10% bonus to anyone who converts their fiscal-stimulus checks into a Sears or Kmart gift card.The announcement came as many scrambled to turn in their taxes, which are due at midnight. The Internal Revenue Service will begin sending the checks in early May.Customers can present their checks at a cash register at Sears and Kmart to convert it into a gift card at the full value of the check, and to receive a bonus gift card worth 10% of the check.The details for shoppers who elect to receive the fiscal-stimulus check by direct deposit are still being

Regional Economic Outlook Asia and Pacific October 2007 (World Economic and Financial Survey)Publisher: Intl Monetary Fund Number Of Pages: 55 Publication Date: 2007-10-30 ISBN-10 / ASIN: 1589066685 ISBN-13 / EAN: 9781589066687 Economic developments in Asia have been positive so far in 2007 (Chapter I). Growth has been stronger than expected across much of the region, with domestic demand making an increasing contribution in a number of economies. Exports have remained an important driver of activity, notwithstanding a relatively weak performance from electronics. China and India continued to lead the way, with high growth backed by strong investment (although the contribution of net exports to growth in China continues to rise). The pace of activity in the NIEs and ASEAN-5 remained solid,

US President George W. Bush makes a statement on the South Lawn of the White House in Washington, DC. President Bush spoke about the current state of the US economy and economic stimulus checks that the US government plan begin distributing shortly.

Our interview series continues today with Erica Eason from Newark, NJ answering a few questions from Marie Robinson and credit, finance and the effect of the economic slow down.. Marie Robinson: Good Day Erica, thank you for taking part in this interview today. Can I please start by asking [...]

Our interview series continues today with Sabrina Fetter from Los Angeles, CA answering a few questions from David Conigliaro and credit, finance and the effect of the economic slow down.. David Conigliaro: Good Day Sabrina, thank you for chatting to us today. Can I please start by asking what [...]

President George W. Bush delivers a statement Friday, April 25, 2008, on the South Grounds of the White House regarding the economic stimulus rebate checks. "I'm pleased that the Treasury Department has worked quickly to get the money into the hands of the American people. Starting Monday, the effects of the stimulus will begin to reach millions of households across our country." White House photo by Joyce N. BoghosianPresident Bush Discusses Economic Stimulus Rebate Checks FULL STREAMING VIDEO South Grounds In Focus: Economy 9:16 A.M. ED PODCAST OF THIS ARTICLETHE PRESIDENT: Good morning. It's obvious our economy is in a slowdown. Fortunately, we recognized the signs early and took action. I signed an economic growth package that will provide tax rebates to millions of American families

The IRS announced today that they will send out economic stimulus payments starting this Monday, April 28th. This is almost a week earlier than the originally planned date of May 2nd. The reason given for the early send off? To stimulate the economy. Actually, that is the whole reason for the stimulus to begin with, but [...]

As someone with a very dark sense of humor, I regularly peruse The Daily Kos.  However, this little gem filled me with a terror I hadn’t known since the first time an airline stewardess explained what I should do after our plane hit the ocean at 500 mph.  Now, we all know that liberals, as a [...]

Whilst the West worries over rising petrol prices and the scarcity of mortgages, the developing world faces a threat to the most basic necessity of life - enough food to eat. After decades of abundant food supplies, recent years have seen a marked increase in the price of food. In the west, this just about reaches our attention as we note the price of bread passes £1. But, for those living on $1

Malaysia March CPI hit a 13-month high of 2.8% y/y as compared to a 2.7% rise in February, and slightly lower than the median f/c of 3.0%. S/adj, the CPI for March was unchanged from Feb. The increase in March prices was mainly due to steeper prices of food and nonalcoholic drinks, which rose 4.9% y/y, for alcoholic beverages and tobacco prices rose 9.0% y/y.Housing, water, electricity and fuels, which is the second-largest component in the CPI, rose a modest 1.3% y/y. Malaysian inflation has crept up since late last year but remains among the lowest in South East Asia, thanks largely to price controls on essential goods such as flour and cooking oil. Core inflation also looks reasonably stable on the month, at just over 2% thus allowing the central bank to leave rates unchanged at 3.5% ne

Wow, that’s all? I knew we were doing something wrong here in the States… Iran Focus TEHRAN (AFP) — Iranian President Mahmoud Ahmadinejad has said the country’s economic woes can be solved by the “culture of martyrdom, the Mehr news agency reported. “If we want to build the country, maintain our dignity and solve economic problems, we need the [...]

Some wine lovers and experts consider the 1997 vintage as "the last myth of the 1900s". Twelve of the best labels from the 1997 vintage were signaled out for distinction last week at the 42nd Vinitaly, the Italian Wine and Spirits Trade Fair in Verona. Top wine buyers and importers, wine investment fund managers, collectors, Italian Guides (Gambero Rosso, Ais, Espresso, Maroni and Veronelli ), as well as influential wine magazine editors and critics (Wine Spectator, Decanter, Falstaff, Parker) paid homage at a horizontal tasting of the prestigious vintage. According to wine experts at Vinitaly, the twelve bottles are by now only available on the collector's market—with an overall value estimated at mor

The food crisis got worse yesterday just as it seems to get worse as each week passes. CostCo (COST) is having to limit fulfilling huge orders for items like... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

By Luyanda Makapela Cape Town - The City of Cape Town has released 22 serviced industrial properties in Atlantis for sale by public tender with the aim of encouraging economic growth in the area. In a statement released by the city, it is expected that the development of those properties will create 1 400 jobs at a total investment cost of about R180 million over the next two years. read more

A reader asked a question about official inflation statistics. Basically, he articulated a widely held belief that the Government's official method of inflation failed to report the true level of inflation in the UK. There are a number of explanations why people may feel 'actual inflation' is much higher than 'official inflation'. Some of this represents the way inflation is calculated. Other

The Ministry of Construction (MoC) sent documents to the Viet Nam Cement Industry Corporation (VICEM) and the Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO) to study the establishment of two more economic groups. Accordingly, the two groups will be the Viet Nam Cement Industry Group with VICEM as the core and the Phuong Nam Real Estate Business and Investment

The Bush administration reacted boldly to the news that wholesale prices increased by 1.1 percent last month, the second largest increase in 33 years.“Our economy is not experiencing inflation,” said chief economic spokesperson Buck Uberalles, “Like melting polar ice caps, our temporary economic downtown, and recent violence in Iraq, this is an anomalous spike that people are trying to turn into a crisis for political advantage.”Uberalles acknowledged that the inflation spike, however temporary, did require government action to alleviate any short-lived suffering.“Effective immediately,” he announced, “Supermarkets will begin passing out magnifying glasses and tweezers so that families will be able to more efficiently open increasingly downsized items like cereal boxes, candy

More reasons to panic about the international economy - The Chancellor of the UK has given his backing to a fifty-billion pound rescue package for Britain's banks and building societies.Gulp!It makes you think it's not worth putting your money in the banks. You don't know when the next one will go under.There are other options for your investments you know. I've been reading about the Monaco Rare Coin which is part of the Monex group of companies. With them you can invest in what they call hard assets. Sounds sexy.You can invest your money in metals like gold, silver and platinum, and even gold coins.The prices of precious metals have been going up, and your investment makes money.Have a look at the site www.zoomcoin.com

A workshop to implement a communications network plan to link localities in the northern key economic region was held in Hanoi on April 21. The blueprint is expected to fulfill the region’s economic development targets by creating a common information space and linking information gateways and websites of northern key economic region groups – Hanoi , Hai Phong cities, and Ha Tay, Quang Ninh, Hai

I’ve written about the economic stimulus rebate program a few times on my site, but I continue to receive a substantial amount of stimulus questions in the comments of the articles I have written and via e-mail. Because I have received a lot of questions, I thought it would be good to put the majority [...]

With business expanding, Captain Hackfeld decided to improve his sources of supply, seek new lines, and strengthen his connections. Since this required a two-year trip to Europe, he left his young partner Pflueger in complete charge. The business then consisted of two stores, the agency for the two sugar plantations, and the commercial agency of the Russian government, an excellent business connection which Dr. Wood had recently turned over to the company. At the close of the fiscal year on June 30, 1855 the youthful manager struck off the first statement covering the business. Assets had climbed to $93,711. Liabilities were $48,059, leaving a "balance to net capital" of $45,652. The assets included a dwelling house on Fort Street valued at $3,514. The amount invested in the "Upper Store"

Remember that the stock market will show signs of bottoming well before every bit of bad economic news is wrung from the headlines. These milestones won’t be obvious or appear at once, and keep in mind that just because stocks stop going down doesn’t mean prices will roar to new records. The damage to the [...]

The economy is undoubtedly at a critical turning point. Let’s take some time to make a reasonable attempt to understand what has happened and what is happening now, and try, humbly and sincerely, to decipher what is next on tap for the economy and markets. First, for a little macro background: 1. In 2007, the United [...]

Building a successful business can turn into a nightmare of headaches, frustration and exhaustion, if you aren’t careful. Unfortunately, the more successful you are, the more administrative tasks you have; the more time you spend on administrative tasks, the less time you have to generate new revenue. It’s a vicious, vicious cycle. So what’s a business owner [...]

US sales of video game consoles and software have grown 57% over the past year, defying the economic downturn. Consumers snapped up consoles, games and accessories worth $1.7bn during March, according to research firm NPD. Nintendo’s Wii came top with 720,000 units. Microsoft sold 262,000 Xbox 360 consoles, ahead of Sony’s PlayStation 3 which [...]

There is a lyric by Rage Against the Machine from a song called New Millennium Homes that rings true in our current political climate. Zach de la Rocha sings, "Hungry people don't stay hungry for long." The people of Haiti, Bangladesh and countries across Africa unknowingly echoed this sentiment in the past few weeks. Violence broke out as starving people went in search of food. World Bank President Robert Zoellick noted on cnn.com that:"In just two months," Zoellick said in his speech, "rice prices have skyrocketed to near historical levels, rising by around 75 percent globally and more in some markets, with more likely to come. In Bangladesh, a 2-kilogram bag of rice ... now consumes about half of the daily income of a poor family."The increase worldwide has

Viet Nam would become a new economic tiger in Asia, economic experts from Goldman Sachs, a US-headquartered full-service global investment banking and securities firms, said. According to Goldman Sachs experts, Viet Nam has potential and a combination of prerequisites and policies to become a nation with a constant high economic growth like China and India. Moreover, Viet Nam is among Goldman

I've been following the ongoing discussion between publius at Obsidian Wings and Megan McArdle (and their respective commenters) with some interest. The question at issue is why working class whites not only vote Republican in heavy numbers but also passionately support Republican economic policies even though those economic policies would seem to be against their self-interest. As Megan points out, this question also runs in the other direction: why do so many wealthy Democrats so passionately support Democrat economic policies.For publius, the answer is that the resentment and anger stirred up in the culture wars boils over into economic policies such that the response becomes almost reflexive. In other words: if liberals like it, it must be bad and evil. (I note that publius does not be

In response to the nationwide economic downturn caused by the housing and credit crisis, members of the House Financial Services Committee today introduced legislation to combat the unprecedented rise in foreclosures, and the associated impact on cities and states. The legislation first announced by Chairman Barney Frank in March, will be divided into two measures: H.R. [...]