economy

 On a reported from ABC said “The world economy is “teetering on the brink” of a severe downturn and is expected to grow only 1.8 percent in 2008, the United Nations said in its mid-year economic projections Thursday. 

More reading about manufacturing and the economy: Where do your things come from? Whose Economy Do Your Purchases Support? Made in the USA? Where do items for your home business come from? Made in the USA Fun Friday: Ode to a Chinese boycott Where Does Your STUFF Come From? Tags: b5media, Biz Chicks Rule, business-channel, economy, Everyday Networker, Fun Friday, [...]

Have you ever wondered exactly how many jobs and dollars your car contributes to the United States economy? If so, keep reading. A new website called JobsPerCar is a great way to find out how much good you’re doing for the economy simply by the car you drive. In fact, it’s so new that it just [...]

UNITED NATIONS - THE world economy is 'teetering on the brink' of a severe downturn and will grow by only 1.8 per cent in 2008, the United Nations said in its midyear economic projections. That's down from a global growth rate of 3.8 per cent in 2007 - and the downturn is expected to continue in 2009 with only slightly higher economic growth of 2.1 per cent, the UN report said on Thursday. The mid

How the Next President Should Fix the Economy article by JUSTIN FOX give example of pass presidents and their involvement, management and decisions made in the economy at the time and how can affect us in the future.   “ The bigger issue for voters to wrestle with, though, is not what the economy can do to the presidential race but [...]

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    Health care in the U.S. is expensive. That much is plain to many Americans these days. But as the economy spirals downward, a series of recent reports forecasts that the country’s health-care crisis is about to get worse, particularly for children.

by Laura RowleyWith a sluggish economy and prices for food, gas, and other necessities escalating, many consumers are taking proactive steps to shore up their finances, according to a recent survey of 2,000 adults by Yahoo! Finance and research firm Decipher.Getting ProactiveIn the past six months, 68 percent held off on a major purchase; 60 percent have begun proactively paying down debt; and 41

For years, GE (GE) has been considered the single best corporate proxy for the US economy. For years it led all American companies in market cap. It businesses... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

A scenario anticipated is that the State Bank of Vietnam would remove the ceiling VND deposit interest rate (now at 12% per annum). How will the interest rates perform then? Experts give the answers. Bui Khac Son, General Director of Deposit Insurance of Vietnam: Interest rates still cannot be higher than CPI increases It is necessary to have a suitable interest rate policy, which allows

The Vietnamese stock markets and economy will struggle further in coming months, with corporate margins and business plans likely to suffer as a result, a Vietnam-focused fund manager told investors. The Ho Chi Minh Stock Exchange’s VN Index fell Wednesday for an eighth trading day to the lowest close since August... [[ This is a content summary only. Visit my website for full links, other con

ExxonMobil's Donald Humphreys Defends Big Oil and Its Role in a Global EconomyThe controversy over carbon emissions is just one of several surrounding ExxonMobil -- a list that includes gasoline prices surging towards $4 a gallon, the company's push for expanded oil exploration and drilling, and its high-profile war of wills with the president of Venezuela, Hugo Chavez. Yet during a presentation a

Central park has been estimated at having a value of $528,783,552,000. That's... more than five hundred billion. That's a "b" as in billion.That makes perfect sense to me. Perfect sense. When I lived in NYC there was a clear sense of the value of open space and parks. I lived in Brooklyn and we'd often go to hear free concerts in Prospect Park. I also spent many weekends and free time in Central P

For someone who buys 600 gallons of gas at a price per gallon which is $1 higher than it was last year, a $600 federal tax rebate is not much comfort. Merrill... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Did you receive your stimulus package rebate check?  Think about this…  A family of 5 should receive about $2,100…  What are you planning to do with it? Have you considered putting this money into a home for your family? You can use this $2,100 as a 3% downpayment on a $70,000 home. If you used the rebate [...]

by John Browne Baltimore — (TFN): In the early days of the American republic, fortune seekers were urged to “Go west, young man!” With the American economy now clearly showing its fragility, the rallying cry for today could be, “Go abroad!” In the past quarter century, the center of wealth creation has steadily moved away from [...]

Product Description The previous edition of Ship Design for Efficiency and Economy was published as a Butterworth's marine engineering title. It has now been completely revised and updated by Schneekluth and Bertram. This book gives advice to students and naval architects on how to design ships - in particular with regard to hull design. The previous edition of this book was published in

Listen to the “Ahmnodt for President” radio show this Sunday evening (10PM Eastern/9 Central/7 Pacific) as Independent Write-In Candidate Ahmnodt Heare gives a comprehensive plan to revitalize the economy and to make the economy sound for years to come.  

While most retailers are simply trying to stay out of Chapter 11, Wal-Mart posted an extraordinary quarter. It was even more impressive because, as the world's... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

In 2007, the MDX, a luxury SUV crossover in the auto world, came out as Acura introduced its second-generation version. In 2008 there are very few changes, which are mainly a new auto-dimming rearview mirror. Some are concerned about the Acura Mdx gas mileage, which doesn't fare well in the changing times of worry over fuel economy and greenhouse emissions.Some of the redesign features last year s

Although I will not be partaking in this event (which does sadden me to some extent), Saks is once again having an EGC (Extra Gift Card) event on Thursday May 15th. This event is great if there was something you were thinking of buying anyways, because you get some free money. Basically, all you do is buy something and they give you a gift card. The amount of the gift card depends on your purchase

Gather ‘round my dear little babies Mommy has a story that you need to hear. This is not an easy thing to say But we had to cancel our vacation this year. There will be no Sea World No surf and no sand. No snow cones or boogie boards In your hot little hands. The gas prices these days Are way too high And, no, my little angels, We cannot fly. The air planes need fuel…

Gail Tverberg talks about the expected impact of peak oil and other resource constraints on the economy. Ms Tverberg is an actuary focusing on finite world issues. An actuary is a business professional who deals with the financial impact of risk and uncertainty.Article: Our Finite World: Implications for Actuaries

As someone who is 6 foot 3 inches tall but too cheap to buy a first or business class airline ticket i was very interested to read an article on GeekAbout.com for The 10 Most Comfortable Airline Economy Seats Their winner was Virgin America which is consistent with other reports I have heard. My only quibble [...]

Sounds Silly right?  You can’t buy a home for a couple thousand dollars.  Or can you?  Let’s assume you’re a two parent, three child family.  You’ll get something like $2100 in your rebate check ($600 for each adult and $300 for each kid).  Maybe you’ve talked to OHFA about purchasing a home and they’ll help [...]

Stretch your marketing budget. In a downward economy companies have an opportunity to gain market share and position their company and brand(s) as leaders. More: continued here More info can be reached on

Sorry to be the one to add more doom and gloom to an already rocky financial landscape, but the economy might be even worse than we think. According to Kevin Phillips from Harper’s Magazine, the government has been artificially fudging economic statistics for years by changing the way things are calculated. The main three government statistical calculations that Phillips points out are the unemployment rate, Consumer Price Index (CPI) and GDP. If we were to calculate these numbers in the manner in which we used to, before all the changes, things wouldn’t appear nearly as rosy as they do right now. Here are the current numbers: Unemployment Rate: 5 percent CPI: 4 percent GDP Growth: 0.6 percent (Q1 2008) Now here are the estimates given by Phillips: Unemployment Rate: Between 9 an

    In Down East Maine, lobster boat building has a long tradition as a provider of jobs and money in a region that is short on both. Fishermen have been buying boats for as long as they’ve pulled lobster-filled traps from the cold waters off Maine’s rocky, seaweed-covered coast.

“Jack up prices with huge taxes until folks begin to find cheaper modes of transportation.  Before we know it, this country would have a booming economy as the rail and mass transportation infrastructure systems flourish.  Even better, folks would actually want to live in our nation’s cities. “- Andrew Snyder By Andrew Snyder Baltimore (TFN)- It is not too often Jane [...]

Toyota (TM) said its earnings fell 28% in the fourth quarter. It blamed the Yen and a slow car market in the US. Although no one was surprised, the figures... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

So you’re in New York, and you need to get to Milwaukee. Your search reveals there are two nonstop services for about the same price. Both of them are out of LaGuardia. AirTran can do it for $202; Midwest Airlines can do it for $214. More: continued here

Georgia began its independent development under conditions, which seemed relatively favorable at the time. Before the break up of the Soviet Union, Georgia had a well-developed industrial sector. Food processing accounted for about two fifths of industrial production in 1990, followed by light industries (consumer goods, such as textiles and shoes). Electronics and electric engineering [...]

Frankly I’m stunned where all the bankrupts are in the UK. With fuel prices rapidly increasing, the cost of daily life getting more expensive and credit choked, how in the world are people in the UK managing to make ends meet? And you thought things were only tight in the US hum? Well the credit crunch [...]

SINGAPORE - The United States is probably in a recession and the Singapore economy will be more severely affected if the turmoil in global financial markets worsens, Singapore’s prime minister said on Wednesday. The Southeast Asian country was ready to respond if the situation in the United States worsens, said Lee Hsien Loong in a [...]

EUR/USD (1.5508)European & US sessions forecast levels: 1.5455/1.5595Trend Sessions: European: Neutral/UpwardUS: Neutral/UpwardMarket Focus: 8:30 AM Productivity-Prel, 10:00 AM Pending Home Sales, 3:00 PM Consumer Credit, 1:45 AM French Government Budget Balance, French Trade Balance, 5:00 AM EU Retail Sales, 6:00 AM German Factory Orders.Daily Strategy: In spite the positive news from Friday when the Unemployment rates down to 5.0% in forecasting 5.2% and lower than expected US non-farm payrolls the dollar remain weak. The investors still are worry that the situation in US economy is worse. It is necessary serial of positive news for the economy to turn the tendency from weak dollar to recovery of the dollar. The dollar will remain weak today. The trading strategy is to open long posi

- The new 6F35 front-wheel-drive transmission is the latest example of Ford’s powertrain technology that increases fuel economy and lowers CO2 emissions. - The new 6-speed debuts in the 2009 Ford Escape and Mercury Mariner sport-utility crossover vehicles.Read more...

Commodity OnlineNEW DELHI - India's premier economic research institution, National Council for Applied Economic Research (NCAER) on Tuesday said despite a global slowdown, Indian economy could grow by up to 8.9 per cent during 2008-09."While the GDP growth in the base case is projected to be 8.5 per cent, in the more comprehensive case, GDP growth is projected at 8.9 per cent," the latest quarterly review of the economy by NCAER said.The short-term prospects are less attractive than a year earlier despite the fundamentals of growth remaining intact, NCAER said.Inflation, during the year, is likely to be in between 4.9 and 5.2 per cent against 4.4 per cent last year. At the same time, fiscal deficit is projected to be close to 3 per cent of GDP even under the higher growth scenario, it sai

“Apparently, the US economy grew by 0.6% year-on-year in the first three months of 2008. It’s not great, but it’s not a recession. Meanwhile, jobs data on Friday showed that there were just 20,000 job losses in April, against expectations for a 65,000 fall. So has everything been blown out of proportion? Was the credit [...]

Give us cash, and we will shop. That's the idea behind the U.S. government's save-the-economy tax rebates, which are starting to hit checking and savings accounts of cash-strapped consumers. What are you going to do with the money? What your opinion?Knows more about Dneero Surveys, click here!

Fed Chairman Ben Bernanke said accelerating rates of foreclosures and delinquencies can have a significant impact on the economy and called for more to be done in order to prevent them. Speaking Monday night at the Columbia Business School’s 32nd annual dinner, Bernanke said the rate of foreclosures will likely increase in 2008 and that traditional anti-foreclosure steps may not be working to prevent them. He also said sharp declines in home prices can have a negative impact on the overall economy.“High rates of delinquency and foreclosure can have substantial spillover effects on the housing market, the financial markets, and the broader economy,” he said. “Therefore, doing what we can to avoid preventable foreclosures is not just in the interest of lenders and borrowers. It's in

Playboy Enterprises, Inc. (NYSE: PLA) has reported a net loss for the first quarter of $3.1 million, or -$0.09 per basic and diluted share, on and 8% decline... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

From: Iraq Signs Deal For 30 Boeing 737s, Plans 787 Order   Iraq on Monday signed two deals worth $5 billion to buy 40 planes from Boeing and 10 planes from Canada's Bombardier to upgrade Iraqi Airways' aging fleet, the finance minister said. The deals were signed by Finance Minister Bayan Jabr in a ceremony attended by Iraq's Prime Minister Nouri al-Maliki as well as U.S., British and Canadian diplomats. The first Boeing plane will be delivered in 2013, Jabr said, while the Canadian company will start delivering their aircraft later this year. "Today, the process of developing economy has started," al-Maliki said in a speech during the ceremony also attended by Boeing Commercial Airplanes President and Chief Executive Officer Scott Carson. Boeing said in a statement Monday th

The semester before I left for law school, my best friend, Bren, and I packed our stuff into my old Buick Regal (the former family car), affectionately named “Bessie” because she looked like a cow. We were on a mission to examine East Coast law schools that were still on my short list. [...]

There was a story in last week's New York Times about how the sales of lipstick—not gloss—are an economic indicator and how, in tough times, women in this country turn not only to just smaller indulgences to quell their retail fix, but specifically lipstick. Now, I have heard this many times before but for some reason I just always felt that it was some sad mockery made by men to justify women's spending habits during turmoil. But after reading this article, perhaps there is some truth to the "economic crisis/lipstick boom" theory. I know for a fact that I myself have probably bought way more lipstick this year than in the past, and probably have made more cosmetic purchases than clothing purchases as well. Hmmm...According to the article, you will be buying lipstick for three reasons:

The Government’s domestic market management group has proposed a number of solutions aimed at curbing the soaring inflation rate and stabilising the macro economy while ensuring social welfare and sustainable development. A number of provincial and municipal leaders have been asked to set up monitoring groups to control the trading of essential goods and regularly report market situation to the

When I experience something of taste worth noting, I archive it within the catacombs of my taste memories. There it is tagged and filed away - until there is new life breathed into it again, on some chance encounter with my taste buds.My palate has slowly matured. I wasn't always one to remark on how great a microbrew was. But now I appreciate the bold, earthy and spicy undertones contained in the hoppy liquid. I appreciate the complexities of each type of brew. And every now and again these same taste memories resurface like amber ghosts haunting me with unequaled sweetness. I begin to ache for another chance - another dance with this foamy goodness.My palate of course has not singled out microbrews exclusively, in it's maturity. I have taken on all types of complex tastes and texture

This guy is walking with his friend. He says to this friend, "You know, Benny's a walking economy."His friend replies, "How so?""His hair line is in recession, his stomach is a victim of inflation, and both of these together are putting him into a deep depression."

Help the economy by spending that tax rebate check your government generously gave you recently by staying at the Fairmont Miramar Hotel in Santa Monica. They are offering a "Stimulus Package" where for $319 a night, you'll get a well-appointed room, a $100 American Express prepaid gift card or $100 food and beverage credit at the hotel, and a Santa Monica VIP shopping discount card. This offer is value Thursdays-Sundays. Book your stay at Fairmont.com. Of course, if you're eligible for the tax rebate, you probably shouldn't be staying at a Fairmont.(via Travel & Leisure)

Back in November, I showed how the capital of American businesses was contracting. I said "regardless of any official announcement of recessions, US businesses have been behaving as they normally do during recessions." It is hard to understand why American businesses are becoming recession-like illiquid when the GDP numbers don’t seem to show any signs [...]

PENANG: Some things have not changed with Lim Guan Eng, although he is now the Penang Chief Minister. And among that is his penchant for economy class air travel. As the chief executive of Penang, Lim is entitled to a business class seat but he is having none of it.As travellers queued to get into the airplane, many are surprised to see Lim standing in line with them, just like in the days before the DAP wrested Penang from the Barisan Nasional in the March general election. Among those who were surprised to see the Penang CM in economy class were songbird Ning Baizura and her manager Vernon Kedit Jolly, who were at KL International Airport last Wednesday. Jolly was so moved that he wrote about it on his blog, which spurned off reactions among other bloggers. Lim, who has adopted a “no f

Georgia began its independent development under conditions, which seemed relatively favorable at the time. Before the break up of the Soviet Union, Georgia had a well-developed industrial sector. Food processing accounted for about two fifths of industrial production in 1990, followed by light industries (consumer goods, such as textiles and shoes). Electronics and electric engineering [...]

Baltimore — (TFN): The declining dollar and a stalling economy don’t bode well for the United States. TFN publisher J. Christoph Amberger believes impending political and cultural shifts will lead to a protracted period of economic decline that will leave America stripped of jobs and business. Watch to find out how to protect yourself… and [...]

According to the Bureau of Labor Statistics, the U.S. economy shed 20,000 jobs in April 2008.  The labor force now counts at 146 million people as employed. Normally, a loss of jobs would foretell economic weakness and would be a good thing for mortgage rate shoppers.  Today, though, traders had been expecting a larger loss of 70,000 jobs. In other words, today's jobs report looks surprisingly strong.  The stock market is now rallying on optimism that "the worst is over" for the U.S. economy and evidence supporting the Federal Reserve's remarks that its rate cuts were starting to take hold.  The stock market's gains are the bond market's losses. Mortgage rates are up today because the cash that is fueling the stock market is coming from

The Dalai Lama's envoys head to China for a meeting with the government, the first since protests broke out in March. Stirling Newberry on the economy. Yes, in case you were wondering he's still brilliant. Plus, we're fucked. Peter Bernstein has witnessed just about every financial crisis of the past century. As a boy, he watched his father, a money manager, navigate the Depression. As a financial manager, consultant and financial historian, he personally dealt with the recession of 1958, the bear markets of the 1970s, the 1987 crash, the savings-and-loan crisis of the late 1980s and the 2000-2002 bear market that followed the tech-stock bubble. Today's trouble, the 89-year-old Mr. Bernstein says, is worse than he has seen since the Depression and threatens to roil markets into 2009 and be

President Bush’s refusal to admit the US economy is in a recession is just proof of his delusional state of mind. If you dismissed his idea that people was going to be waiting with flowers for the US in the streets of Baghdad as an honest mistake, and his handling of the Katrina crisis as [...]

According to the Bureau of Labor Statistics, the U.S. economy shed 20,000 jobs in April 2008.  The labor force now counts at 146 million people as employed. Normally, a loss of jobs would foretell economic weakness and would be a good thing for mortgage rate shoppers.  Today, though, traders had been expecting a larger loss of 70,000 jobs. In other words, today's jobs report looks surprisingly strong.  The stock market is now rallying on optimism that "the worst is over" for the U.S. economy and evidence supporting the Federal Reserve's remarks that its rate cuts were starting to take hold.  The stock market's gains are the bond market's losses. Mortgage rates are up today because the cash that is fueling the stock market is coming from the sale of all types of

The Economy This WeekSmall-business owners scale back spending; gas prices hit record high. Link - Thu, 01 May 2008 21:00:01 GMT - Feed (1 subs) Sent using SendMeRss.com. Visit here to unsubscribe from "2-business" via X2 in Google. Recommended Feeds/Actions Subscribe DealMeRSS.com - Great Deals Delivered Every Day

I’ve talked to quite a few pet sitters lately and what they’re telling me about how business is going is a bit surprising, considering the economy. Obviously there are those who are having a rough time - their clients have tightened up their spending and are not traveling, and/or they’re no longer using daily dog [...]

The Global Citizen Center is a 501(c)(3) nonprofit organization whose mission is to educate the public about our need to engage in new economic practices—as consumers, businesses, and communities—that are environmentally sustainable and socially just....

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 [...]

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 be better, but the overall economy is solid and the dollar weakness is temporary. If you read history, it seems to be a good rule to never underestimate the American people or our economy. In fact, i think some of the nation's best economic times lie ahead.I'm writing this mostly because I'm a member of a very popular website called Little Green Footballs (www.littlegreenfootballs.com). Due to my online name (chicagodudewhotrades) I get asked a lot of stock market and econo

The Strategist: Better Ideas to Beat a Bitter EconomyCutting costs and jobs won't give you an edge in tough times. Try mixing up teams and tearing down your company, for starters Link - Wed, 30 Apr 2008 17:05:00 GMT - Feed (1 subs) Sent using SendMeRss.com. Visit here to unsubscribe from "2-business" via X2 in Google. Recommended Feeds/Actions Subscribe DealMeRSS.com - Great Deals Delivered Every Day

Detroit is now viewed as a metaphor for the car industry in the US, even if GM (GM) and Ford (F) are the only public companies based there. For purposes of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

"We now have a small army of male black porn stars that are sifting through five, ten, fifteen thousand women," he said. "One man can now genocide the wombs of thousands of women," infecting them with sexually transmitted diseases that leave them barren. He calls it "Porn mule womb slaughter . . . the most effective weapon of mass destruction." From here.Powered by b2evolution.

The final and much awaited verdict is out today. The US Federal Bank has once again lowered its key interest rates by a quarter percentage point today. The Fed rates now stand at 2%, the lowest figures since 2004.Well the move is clearly aimed at stopping or probably delaying the Recession as far as [...]

Singapore PM upbeat about S’pore economy  He is confident Singapore will be able to weather uncertain global outlook By Sue-Ann Chia  SINGAPORE is sailing into choppier waters amid uncertainty in the global economy, but Prime Minister Lee Hsien Loong is confident of Singapore’s economic prospects. In his annual May Day message, Mr Lee sketched out the uncertain outlook due [...]

SINGAPORE - The United States is probably in a recession and the Singapore economy will be more severely affected if the turmoil in global financial markets worsens, Singapore's prime minister said on Wednesday.The Southeast Asian country was ready to respond if the situation in the United States worsens, said Lee Hsien Loong in a statement to mark May Day.'Dark storm clouds have gathered... A US recession has probably already started,' Mr Lee said.'We must watch closely how the situation in the US unfolds, and be ready to respond if things take a turn for the worse. We have the resources and the ability to do so.'Mr Lee acknowledged that the rising cost of living in the Republic was a major issue but said Singapore could not be completely insulated from rising global inflation.'We need no

The leading green business to business directory on the web. Green Collar Economy lists over 2600 companies in six channels: Energy, Transportation, Capital, Facilities & Construction, Office, and Environment accompanied by community forums for each....

SINGAPORE - The United States is probably in a recession and the Singapore economy will be more severely affected if the turmoil in global financial markets worsens, Singapore's prime minister said... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Malcolm Knight, the general manager of the Bank for International Settlements, told Reuters’ Brian Love last week that stagflation might occur in the United States, with weak economic growth lasting well into 2009, if not longer. According to Investopedia, stagflation is “a condition of slow economic growth and relatively high unemployment- a time of [...]

Today, in what was promoted as a speech to address Americans' anxiety about the economy, George Bush started pointing the finger at Congress for not passing bills that will most likely involve corporations getting more tax breaks.Perhaps, Bush may want to enlighten us about how he's been dealing with the economy during his seven years in office. Or how about taking some responsibility for some of his administration's economic policies as well as the knuckle-headed decision to invade another country for no good reason.Did those not contribute to the recession that we find ourselves in now? The same recession that Bush has refused to even admit is a recession for months now and still won't admit it today.Did Bush actually think his tax rebates that started going out yesterday were going to a

Take-Two Interactive (TTWO), M&A prey of Electronic Arts (ERTS) will launch its wildly anticipated game "Grand Theft Auto IV" today. The paeon of bad taste,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

A survey of professional forecasters by the Reserve Bank of India (RBI) showed that the Indian economy is expected to grow 8.1% in the 2008/09 fiscal year that began this month. In 2007/08, the gross domestic product is estimated to have grown 8.7%.RBI announces its annual monetary policy review tomorrow, 29 April 2008. Reserve Bank of India (RBI) in its latest report on macroeconomic and monetary developments in 2007/08, has said that the global food prices were likely to remain firm as supply side pressures did not appear to be abating. The central bank said steps takes by the government to rein in prices should help curb inflation. It however said the inflation risks on account of oil prices remain incipient.RBI has noted that freely priced fuel items such as naphtha had increased subst

A new publication on Vietnamese products and services will be issued by the Viet Nam and World newspaper, said the Ministry of Foreign Affairs at a recent news conference. The project is aimed to promote foreign economic and trade activities, and to introduce Viet Nam’s businesses, their products and services to the world. The publication will be modelled after a magazine which depicts the

Source: Bangkok Post The time is right for foreign investors to invest in Thailand as the economy will see limited effects from high oil prices and the US sub-prime problem, Industry Minister Suwit Khunkitti said yesterday. Addressing the British Chamber of Commerce Thailand (BCCT), Mr Suwit said Thailand was more resilient in the face of high oil [...]

(Shorack, guest blogger from Belgium) After hearing Obama speaking (on youtube ;)) about the oil prices, i took the time to go read the economics section of his plans. It's quite shocking. The title used for the post is exactly the same title as for the section. (except for the ' ' ofcourse) It is full of improving strike possibilities, imposing extra limitations, controls and taxes. How can... Click the Headline Link to Visit Copious Dissent and Read the Full Story.

It is rather sad to see that Malaysians nowadays are more interested in internal politics, enjoying themselves watching the on-going war of words between ignorant Muslim and Malay leaders in the likes of Anwar Ibrahim, Mahathir, Abdullah Ahmad Badawi and Najib as if they have no other worries in the world!Snap out of it, Malaysians!We have lots of other important issues and concerns that we should worry about. The most pertinent concern of all undoubtedly is the fact that the world’s economy is on brink of collapse.Are you ready for it!?Let me remind you Malaysians. You probably have more debts than savings!Wake up Malaysians especially my fellow Muslim and Malay Brothers and Sisters! In general, Muslims and Malays cannot even afford to install air conditioning units in their homes even

Friday Bush announced that the rebate checks will be going out four days early in an effort to stimulate the economy. What do you think?I'm guessing it won't make a bit of difference in anything except for possibly sentiment. There are really only two options - spend or save - with save also implying debt repayment. I'm guessing that anyone that would spend has already spent some to all of what they are expecting. Then there are the savers and debt re-payers. That may have an effect on future economies, but we won't see any results from them now.I'm in between the two types - I'll use most of the return for debt reduction. But I decided to go ahead and spend on bike repair and guitar stuff that I've been wanting for a long time. I don't know if that counts because I probably would

As gasoline prices approach $4 per gallon in major urban areas, the Bush Administration is proposing an aggressive schedule for implementing new fuel-economy standards. Under rules proposed this week by the U.S. Department of Transportation, the minimum miles-to-the-gallon ratio for both passenger vehicles and light trucks would have to increase by 4.5 percent each year over the five-year period ending in 2015. “This proposal is historically ambitious, yet achievable. It will help us all breathe a little easier by reducing tailpipe emissions, cutting fuel consumption and making driving a little more affordable,” U.S. Secretary of Transportation Mary Peters said in a statement. The new rules exceeds the 3.3 percent per year increase proposed by Congress last December, Peters sai

If you are at all concerned about fuel economy on your next vehicle, I suggest a visit to FuelEconomy.gov. This is a government website that provides you with real world fuel economy recorded by... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

I am convinced that the White House, Congress and the Senate have no clue about what has been going on with the average American Citizen! The corporations and banking systems are KILLING OFF OUR JOBS and have ruined our ECONOMY. It’s obvious that the Federal Reserve is a leading our nation into financial suicide. The [...]

“The longer the Democratic Primary War continues, the greater the fallout for the U.S. market.” — Martin Hutchinson by Martin Hutchinson Baltimore – (TFN): In Tuesday’s Pennsylvania Democratic Presidential Primary, Sen. Hillary Rodham Clinton achieved the absolute bare minimum she needed to prolong her battle against Barack Obama. And she [...]

Earlier today, Bloomberg’s William Selway reported that state governments are projecting a $26 billion shortfall in the next budget year as the slowing economy erodes tax receipts, according to a national survey. The National Conference of State Legislatures study found: With a few exceptions, state finances are deteriorating, in some cases considerably… If the national economy [...]

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Come the year 2020, new cars and light trucks sold in the U.S. must average 35 mpg. It’s the law. But why wait? We’ve rounded up eight new models that deliver a 35-mpg average right now, more or less, according to federal Corporate Average Fuel Economy (CAFE) calculations. Reality check: Although the Congress has mandated 35 mpg, our tests show that 35-mpg cars get 25 to 27 mpg in the real world. Close enough for government work? Well, yes, but there is a solid logic at work here. CAFE is a regulatory process first and foremost, and CAFE mpg comes from laboratory tests designed to reliably measure mileage for regulatory purposes. Any resemblance of your mileage to CAFE is purely coincidental. But there is a payoff. The government tests are extremely reliable in producing the CAFE milea

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For those who thought Shahrukh Khan only travels king size - this should be news. Yesterday morning, Shahrukh travelled to Kolkata in the economy class of Jet Airways and not on a chartered flight as he’s wont to do. His team, the Kolkata Knight Riders, took on the Deccan Chargers and SRK had to be in time for the match. As the first class seats were full, SRK did not mind travelling economy class.Says a co-passenger, "Shah (as he’s fondly called by close friends, including Farah Khan) flew to Kolkata with his entourage. Since the group was large, SRK gave the ladies the first class seats including his own and asked the guys to do the same.So while Bhavna Pandey (Chunky’s wife), designer Shabina Khan, Divya Kumar (T-Series Bhushan Kumar’s wife), Neelam Kothari, Seema Khan (Sohail

New Delhi: India with 16% of world population contributes to approximately 4% of global greenhouse gas emissions that amounts to 23.31% of USA, 30.27% of China, 37.39% of EU-15. Though this emission records minimum in comparison with other countries, the Government is aware of the likely impacts of global warming on various sectors. A preliminary [...]

I haven’t really been paying attention to the student loan dilemma since the fed dropped the interest rates again, but not being in the educational sector doesn’t mean it’s not going to have impact on our economy nonetheless… The economy is a living/breathing animal and any change in the environment is going to have ripple effects [...]

by Dave MindemanI am really going against the progressive grain here, but I think the legislature should support tax help for the Mall of America parking ramp. I know it seems to be a contradiction to my usual rants against stadium subsidies -- but to me, its a different animal and merits special consideration.The Mall of America has been talking about this expansion for some time now. They came to the legislature last year for the same reason and got caught up in the Governor/Legislative veto wars. The expansion did not happen.Now, the argument can certainly be made that the Mall can afford to build its own ramp. It can get the credit needed and the project would move ahead, but they cannot seem to pull the trigger. They seem to be looking for an incentive to actually begin....and ob

Strong domestic consumer demand is expected to drive Indonesia's economy this year and steer it away from the worst impact of a global economic slowdown, an official of the International Monetary Fund (IMF) said on Wednesday. The economy has also become more resilient towards external financial instability, given its higher foreign exchange reserves and a declining external debt ratio to gross domestic product, he said. "I think Indonesia's economy will resist the global economic slowdown due to strong domestic demand," Charles Collyns, deputy director at the research department of the IMF told a media briefing. As of end-March, the central bank's foreign exchange reserves stood at $58.98 billion, compared to $47.22 billion at end-March 2007. Indonesia's foreign debt ratio currently

As State-owned enterprises (SOEs) make up 40% of national GDP, the important thing is to continue to renovate the restructuring and equitisation of these enterprises to ensure they remain the core of the national economy, says Deputy Prime Minister Nguyen Sinh Hung. Addressing a national conference in Hanoi on April 23, Mr Hung stressed that the Government will continue to finalise mechanisms