UAEinteract.com - News (Free subscription) | yesterday
The UAE unemployment rate stood at around 3.45 per cent in 2007 and is projected to increase slightly in 2008 despite a double-digit growth in the domestic economy, official statistics showed yesterday. But the increase will not affect the UAE's
Angry Bear (Free subscription) | yesterday
by cactus Ranking Presidents on Real Economic Growth - The Definitive List As we get closer to election time, the level of invective seems to be going up. What I find interesting is how the intersection between that invective, general ignorance, and outright charlatanism. For example, mention of FDR is cropping up a lot in some circles, and not in a good way. You'd think, the way some bring him up,...
The Earth Times Online Newspaper (Free subscription) | yesterday
AMSTERDAM, October 7 -- Elsevier announced today that its flagship product Scopus, the world's largest abstract and citation database of peer-reviewed literature, was chosen by the Organization for Economic Co-operation and Development ...
The New Nation (Free subscription) | yesterday
UNB, Dhaka US Ambassador James F. Moriarty Tuesday said innovation is an important source of economic growth and universities can help nurture innovative ideas needed for the flourishing of the economy of a country. "The universities possess the skills and the knowledge resources required to nurture innovative ideas. The private sector requires the knowledge the universities have to solve problems,...
Star Tribune (Free subscription) | yesterday
More bad financial news: there were no venture capital-backed IPOs in the second quarter, the worst quarterly performance since 1978, according to a recent report by PricewaterhouseCoopers. “There is little indication that the market will recover anytime before the second quarter in 2009,” said Tracy Lefteroff, global managing partner of the Venture Capital and Private Equity [...]
CARPE DIEM (Free subscription) | yesterday
Is this a final "Crisis of Global Capitalism" -- to borrow the title of a book by George Soros written shortly after the Asian financial crisis of 1997-98? The crisis that kills capitalism has been said to happen during every major recession and financial crisis ever since Karl Marx prophesized the collapse of capitalism in the middle of the 19th century. Although I admit to having greatly underestimated...
Seeking Alpha (Free subscription) | 06/10/2008
Steven Hansen submits: According to the U.S. Weekly Leading Index (US WLI) released on 10/03/08 published by Economic Cycle Research Institute ((ECRI)) , economic growth continues to remain solidly in recession territory. The US WLI has a slight lead over business cycles. Complete Story »
The Earth Times Online Newspaper (Free subscription) | 06/10/2008
Jakarta - Indonesia's central bank predicted the financial crisis that is rippling out from the United States to the rest of the world would shackle Indonesia's economic growth and cause a credit shortage for local business players, media reports sai...
Cuba Journal (Free subscription) | 5 hours ago
Ben Bernanke, Federal Reserve Chairman, spoke today before the National Association of Business Economics in Washington, D.C. Excerpts: "Overall, the combination of the incoming data and recent financial developments suggests that the outlook for economic growth has worsened and that the downside risks to growth have increased. In light of these developments, the Federal Reserve will need to consider...
Globe and Mail (Free subscription) | 5 hours ago
‘The outlook for economic growth has worsened,' Fed chairman says, opens possibility of rate cut ahead
Seeking Alpha (Free subscription) | 6 hours ago
Sean Hannon submits: Contracting credit should be an aspect of the business cycle. As the economy grows, credit booms, investments are made and price levels rise. Eventually, we reach a point where prudent lending standards prevent further credit expansion, borrowing stagnates and economic growth either moderates or declines. During the decline, certain borrowers will experience hardship and default...
Detroit Free Press (Free subscription) | yesterday
George Jackson, president of the Detroit Economic Growth Corp., said today he nixed the request by Cadillac Centre developers to revise their plans for the futuristic-looking downtown project because they had radically downsized the project and reneged on their promise to invest big bucks of their own.
New Zealand Herald (Free subscription) | yesterday
China may use targeted measures and interest-rate cuts to revive a sagging property market and sustain economic growth, said Jing Ulrich, chairwoman of China equities at JPMorgan Chase in Hong Kong. "Expectations are building for...
Times Online (Free subscription) | yesterday
Oil prices recovered sharply today after a big interest rate cut in Australia raised hopes that other countries would follow suit to bolster economic growth, a move that would support oil demand.
Times of India (Free subscription) | yesterday
Oil prices rebounded to near US$90 on Tuesday, a day after plunging to an 8-month low on concerns a significant slowdown in global economic growth will undermine demand for crude.
