Financial24 (Free subscription) | 5 hours ago
USD stronger, helped by oil price drop and soft German unemployment data EURUSD prepping for a run toward 1.5000? Market's risk appetite remains high, keeping JPY on the weak side. MAJOR HEADLINES -
3PLwire (Free subscription) | 25/11/2008
Chinese officials say the outlook is “grim”: Urban unemployment has begun to rise and will increase next year, Yin Weimin, minister of human resources and social security, said on Thursday. “Stabilising employment is the top priority for us right now,” said Mr Yin, in comments reflecting growing worries about the potential threat to social stability. “The current situation [...]
Law Blog - WSJ.com (Free subscription) | 29/11/2008
Massive government spending is no solution to unemployment.
Grasping Reality with Both Hands (Free subscription) | 30/11/2008
Mr. Murdoch, your intellectual capital is depreciating rapidly. Call your office. Paul Krugman writes that expansionary fiscal policy was not tried on a sufficiently large scale during the Great Depression--spending boosts were insufficient, and undermined by tax increases while unemployment was still high. Hence, he argues, recovery remained far from complete and unemployment remained...
The Earth Times Online Newspaper (Free subscription) | 25/11/2008
... "very much depend on how deep the recession is and how the labour market will be affected."German unemployment data to be released Thursday is expected to show the nation's labour market stagnating in November essentially bringing to a end a long run of monthly falls in the numbers out of work.
