n>(Reuters) – EU leaders want to drive economic growth and employment after two years of crisis and budget austerity, but the 27-nation bloc has little immediate cash to invest and faces the longer-term challenge of falling productivity and an ageing workforce. The gaps are also widening between Europes stronger and weaker economies. Exporter powerhouse Germany, [...]
Tags: Economic
The Federal Reserves announcement that short-term interest rates are likely to stay low for two years or more drew the usual mix of catcalls and huzzahs, with critics saying the Fed was dooming the country to debilitating inflation and supporters saying it was sensibly encouraging economic growth. Some veteran Fed watchers, however, complained that Chairman [...]
Tags: Economic
Valley, creating a new model for the social Web while garnering 800 million users. Rumors heated up earlier this week when reports said that the Menlo Park-based social networks lawyers temporarily suspended trading of Facebook stock on the secondary markets, where it is a hot commodity. Facebooks popularity with investors is what has forced its [...]
Tags: Economic
Mr Gomez – not his real name – is one of a growing army of Cubans who hunger for genuine economic liberty. It is something that Mr Castro, realising that the economy is in dire straits, apparently supports.
Tags: Economic
The US economy grew at the fastest pace in a year and a half in the fourth quarter of 2011, the Commerce Department said on Friday. The encouraging acceleration ended the year with a positive note, but failed to dispel uncertainties about the economic outlook. Gross domestic product, the value of all goods and services [...]
Tags: Economic
DAVOS – The eurozones debt burden hung heavily over Davos on Saturday as global economic leaders turned their fire on EU politicians for failing to come to grips with the crisis. At the forefront of concerns were write-down talks in Greece, which had dragged into the weekend and now threaten to overshadow an EU summit [...]
Tags: Economic
ATLANTA, Jan. 27, 2012 /PRNewswire via COMTEX/ – The U.S. Small Business Administration announced today that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in Tennessee as a result of drought and excessive heat that occurred [...]
Tags: Economic
By Jeremiah McWilliams The Atlanta Journal-Constitution Georgias annual economic output will increase by more than $5.2 billion by 2040 — thanks to reduced commute times, jobs brought downtown and additional development — if a multi-modal passenger terminal and green space stretching from the Georgia Dome to the Capitol are built in downtown Atlanta, according to [...]
Tags: Economic
DAVOS, Switzerland &— Economist Nouriel Roubini, nicknamed “Dr. Doom” for his gloomy predictions in the run-up to the financial meltdown four years ago, says the fallout from that crisis could last the rest of this decade. Roubini, widely acknowledged to have predicted the crash of 2008, sees tough times ahead for the global economy and is [...]
Tags: Economic
Economic fairness was the topic of President Obamas State of the Union address Tuesday night. But while he spoke of this as a return to American values, his blueprint for getting us there runs counter not only to the core principles on which our nation was founded but also the very idea of the American [...]
Tags: Economic