Mining boom failing to spark national economy
THE Australian economy has ended the financial year with the brakes biting hard. New data released yesterday reports lending and activity slowing, house prices falling, and job opportunities shrinking.
Source: North Queensland Register
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More GCC nationals hold property contracts
Dubai The UAE Ministry of Finance has published its annual statistical report for 2010 relating to the Gulf Common Market (GCM).
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Tharman warns of sluggish global economy
Singaporeans should brace themselves for the impact of a sluggish global economy in the coming months, said Deputy Prime Minister Tharman Shanmugaratnam yesterday. But the fundamentals of the local...
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Bernanke: Fed ready if economy worsens
WASHINGTON — Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday the Fed is ready to act if the economy gets weaker. He warned them that allowing the nation to default on its debt would...
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EU governments to uphold banks failing stress test
European Union (EU) governments will uphold banks that fail the banking stress test after the results are disclosed on Friday this week, EU finance ministers said on Tuesday.
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Socialist Candidate Calls For Banks To Finance Jobs, Help Economy
Socialist Candidate Calls For Banks To Finance Jobs, Help Economy
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Obama turns to small-scale solutions to a weak economy
The White House, threatened by the high unemployment rate, proposes free-trade agreements and more spending on high-speed rail in the absence of more ambitious tools, such as stimulus spending. As White...
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Susan Tompor: If U.S. economy is recovering, where are the jobs?
Two years into the U.S. economic recovery and way too many of us are still asking: When's payday? Hiring is miserable -- the U.S. economy cranked out only 18,000 net jobs in June. The U.S. jobless rate...