A look at economic developments around the globe (Socialist Hollande's slogan - "change now")
Posted by admin / Under Economic History Of The Netherlands (1500–1815)
A look at economic developments around the globeBy The Associated Press – 1 hr 35 mins ago A look at economic developments and activity in major stock markets around the world Monday: ___ PARIS — The day after Francois Hollande rode to power in France on a slogan of "change now," the conversation in Europe is already different: Austerity has become a dirty word. **SNIP** MADRID — Spain's prime minister said the government will likely present important bank clean-up measures this week to clear up doubts about the solvency of the sector, a key source of worry over whether Spain...
Published on Wednesday 23rd of May 2012 01:05:46 AM
WH backs away from Obamacare as economic plus
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White House Press Secretary Jay Carney implicitly retreated from President Obama's argument that Obamacare was a crucial part of his economic agenda. Asked why President Obama has been silent on the law as its second anniversary approaches, Carney explained that the president is now focusing on the economy rather than health care reform. "The president does speak about health care on occasion and will continue to do that," Carney told reporters, "but he is focused on a forward agenda right now -- and working with Congress and doing the things he can through executive action -- to grow the economy...
Published on Wednesday 23rd of May 2012 01:05:46 AM
Obama links economic policies with faith
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President Barack Obama says he relies on his faith and values to guide his work on the nation's most urgent problems, including the economy. Obama says that as a Christian, he believes in the teaching that to whom much is given, much is required. He says that belief, and his reliance on economic good sense, is behind his policies — including his call for the wealthy to pay more taxes. Obama urges other leaders to not abandon their values or "the moral glue" that has guided the nation for centuries. ...
Published on Wednesday 23rd of May 2012 01:05:46 AM
Texas comptroller declareseconomic recession over
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AUSTIN, Texas — The Texas comptroller said Monday that the economic recovery is taking hold, producing higher than expected tax revenues and possibly resulting in a budget surplus in 2013. In a letter to the Legislature, state Comptroller Susan Combs said tax collections were on pace to produce a $1.6 billion budget surplus for the fiscal biennium ending in 2013. That means the state could earn $82.7 billion over the next two years, while the 2012-2013 budget is only $81.1 billion. That represents an 8.2 percent increase in state revenues over the 2010-2011 budget cycle.
Published on Wednesday 23rd of May 2012 01:05:46 AM
SoCal Girl Talks About Economic Collapse & Relationships
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I spoke with Stephanie about how the economy is affecting young women. Beside dealing with long term unemployment, the "jobless" economy is affecting how young men and women perceive each other. Many are putting off marriage and reassessing relationships. Many young women are investing free time with giving emotional support to their friends and seeking stronger ties with their existing families.
Published on Wednesday 23rd of May 2012 01:05:46 AM
Surplus of pessimism may cost Spain’s ruling Socialists at polls
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Spanish voters on Sunday are expected to dismiss the Socialist government of Prime Minister Jose Luis Rodriguez Zapatero and usher in the conservative People's Party (PP) and its leader, Mariano Rajoy. Mr. Zapatero’s Socialist party (PSOE), which has been in power for eight years, has borne the brunt of public blame for Spain’s increasingly perilous economic situation, which has tainted the party’s leadership candidate, Interior Minister Alfredo Perez Rubalcaba. Meanwhile, Mr. Rajoy has been coasting toward an expected landslide victory without saying much about how he plans to reverse Spain’s economic course... The situation is bleak for the eurozone’s fourth-largest...
Published on Wednesday 23rd of May 2012 01:05:46 AM
Shifting demographics and economic conditions combine for a 'New Normal.'
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HITE BEAR LAKE - Big changes are coming worldwide as shifting demographics and economic conditions combine for a "New Normal." Whether Americans see those changes as debilitating or a huge opportunity will decide America's future. Those were among messages from State Economist Tom Stinson and State Demographer Tom Gillaspy as they made the presentation "The Boomer Tsunami" to a group of about 80 at Century College Oct. 5.
Published on Wednesday 23rd of May 2012 01:05:46 AM
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