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Economic Policy News

Hanoi hotels feel sting of economic downturn, high room rates Tuesday, November 18, 2008 @ 3:57AMVietNamNet Bridge – Hotels in Hanoi are seeing the gilded age of business going away when their room occupancy and revenue fall due to the sluggish growth in the global economy and high room tariff they have applied for a long time.
Research Scholar, Maxwell School of Citizenship and Public Affairs, Syracuse University Tuesday, November 18, 2008 @ 3:55AMSreeram Chaulia is an analyst of international affairs for the Hong Kong-based online news hubs, Asia Times and Asia Sentinel, and the Singapore-based syndication service, Opinion Asia.
European Government Notes Rise; Tumpel-Gugerell Sees ‘Slowdown’ Tuesday, November 18, 2008 @ 3:55AMNov. 18 (Bloomberg) -- European government notes rose, extending the longest rally since September 2000, as European Central Bank member Gertrude Tumpel-Gugerell warned of a “sharp slowdown” in economic growth.
Shanghaied into Cooperation Tuesday, November 18, 2008 @ 3:55AMThe Shanghai Cooperation Organization has just finished its eighth summit meeting, with the "Five Day War" between Georgia and Russia proving to be a point of contention. Sreeram Chaulia looks at these differences — as well as differing views among other international organizations.
CEO, Johnson Smick International, Inc. Tuesday, November 18, 2008 @ 3:54AMDavid M. Smick is the Chairman and Chief Executive Officer of Johnson Smick International, Inc., the first firm of its kind to provide strategic informational services on global economic and political/policy changes to the macroeconomic-oriented hedge funds and proprietary trading departments of major financial institutions.
Dangerous Economic Territory Tuesday, November 18, 2008 @ 3:54AMGlobalization is fast becoming a bad word for politicians in America. This attitude, combined with current economic uncertainties, is causing a political shift from consensus in favor of free trade, to consensus against it.
Closing the Innovation Gap Tuesday, November 18, 2008 @ 3:54AMAs a major technology entrepreneur, Judy Estrin knows the importance of combining creativity and intelligence in order to succeed in the business world.
Senior Fellow at the Council on Foreign Relations Tuesday, November 18, 2008 @ 3:54AMEdward Alden is the Bernard L. Schwartz senior fellow at the Council on Foreign Relations, specializing in U.S. competitiveness. His expertise includes U.S. immigration and visa policies, U.S. trade policy and the impact of homeland security policies on U.S. economic competitiveness.
(AFX UK Focus) 2008-11-18 09:34 Glance-FTSE slips as economy, Citi job cuts weigh Tuesday, November 18, 2008 @ 3:53AMBy Simon Falush
(AFX UK Focus) 2008-11-18 09:35 Glance-FTSE slips as economy, Citi job cuts weigh Tuesday, November 18, 2008 @ 3:53AMBy Simon Falush
China in the Times to Come Tuesday, November 18, 2008 @ 3:53AMChina never stops challenging the minds of those who study it — or the character of those who rule it. No country has had a history of comparable continuity.
World stocks extend slump Tuesday, November 18, 2008 @ 3:53AMWorld stock markets have slumped for a second day running amid the prospect of a year-long recession in Japan.
National SME Week launched Tuesday, November 18, 2008 @ 3:52AMNhan Dan Online - The first National Small and Medium-Sized Enterprises (SME) Week was officially opened on November 18 in Hanoi with a SME forum attracting the participation of 500 domestic and foreign delegates.
Research Scholar, Maxwell School of Citizenship and Public Affairs, Syracuse University Tuesday, November 18, 2008 @ 3:52AMSreeram Chaulia is an analyst of international affairs for the Hong Kong-based online news hubs, Asia Times and Asia Sentinel, and the Singapore-based syndication service, Opinion Asia.
Shanghaied into Cooperation Tuesday, November 18, 2008 @ 3:52AMThe Shanghai Cooperation Organization has just finished its eighth summit meeting, with the "Five Day War" between Georgia and Russia proving to be a point of contention. Sreeram Chaulia looks at these differences — as well as differing views among other international organizations.
CEO, Johnson Smick International, Inc. Tuesday, November 18, 2008 @ 3:51AMDavid M. Smick is the Chairman and Chief Executive Officer of Johnson Smick International, Inc., the first firm of its kind to provide strategic informational services on global economic and political/policy changes to the macroeconomic-oriented hedge funds and proprietary trading departments of major financial institutions.
Dangerous Economic Territory Tuesday, November 18, 2008 @ 3:51AMGlobalization is fast becoming a bad word for politicians in America. This attitude, combined with current economic uncertainties, is causing a political shift from consensus in favor of free trade, to consensus against it.
Nonprofits juggle less funding, more needy Sunday, November 16, 2008 @ 3:48AMSALISBURY -- With a recession looming, Wicomico area nonprofits are bracing for gloomy fundraising prospects and increased calls for help from a vulnerable population.
A little of everything at global conference Sunday, November 16, 2008 @ 3:40AMIn one week, delegates and members of parliaments from around the world will come to Scranton for a three-day conference. They’ll discuss terrorism, the environment and public health, and even take the Lackawanna County Coal Mine tour.
Lending women a hand with small biz loans Sunday, November 16, 2008 @ 3:40AMAFTER 11 MONTHS - and much doubt about its potential for success - a Queens group that lends money to the poorest New Yorkers has hit the $1 million mark.
How about a mortgage at a 2.99% fixed rate? Sunday, November 16, 2008 @ 3:25AMWhat will it take to get consumers off the sidelines to buy more houses and help stimulate the economy? How about a mortgage at a 2.99 percent fixed rate for 30 years for anyone who purchases a home before next July 1? Or how about a non-repayable federal tax credit of 10 percent of the home price up to $22,000?
China Pres Warns Vs Protectionism, Urges Renewed Doha Round Saturday, November 15, 2008 @ 8:48PMWASHINGTON (Dow Jones)--Chinese President Hu Jintao urged the international community to guard against erecting protectionist barriers to trade and investment.
G20 summit adopts plan to implement principles of reform Saturday, November 15, 2008 @ 8:47PMLeaders attending the G-20 summit on financial markets and the global economy yesterday agreed to an action plan of immediate and medium-term measures to cope with the financial and economic woes now gripping the world.
Analysis: Summit shows shifting economic balance Saturday, November 15, 2008 @ 8:40PM Just showing up counted for a lot.
Russian president eager to talk with Obama Saturday, November 15, 2008 @ 8:37PMRussian President Dmitry Medvedev said that a "crisis of confidence" exists between Russia and the United States but that he has "great aspirations" for the incoming Obama administration.
Where happiness is king Saturday, November 15, 2008 @ 8:25PMTHE small Himalayan kingdom of Bhutan is known for assessing its progress not by conventional economic indexes but by a much more quirky philosophy: Gross National Happiness. As the country yesterday celebrated the coronation of its new king, the outpouring of goodwill towards him suggested the measure has surged in the past few days.
China to provide MNCs with better development conditions Saturday, November 15, 2008 @ 8:22PMBEIJING - Chen Jian, Chinese vice Commerce Minister said on Saturday that the country would provide better development conditions for foreign multinational corporations (MNCs).
Los Angeles is burning Saturday, November 15, 2008 @ 8:14PMMy favorite scene in Nathanaal West’s Greek tragedy set in Hollywood, “The Day of the Locusts,” is the description of the protagonist’s painting, “The Burning of Los Angeles.”
Campus Insider: Emerson College warns students not to smoke marijuana Saturday, November 15, 2008 @ 10:56AMBy Tracy Jan, Globe Staff Lest college students think otherwise, smoking, growing, and selling pot is still illegal on campuses. It seems that the recent passage of Question 2, which decriminalized possession of small amounts of marijuana, caused confusion (and...
Week ahead: Weathering bad news Saturday, November 15, 2008 @ 10:55AMInvestors returning to work Monday face what is expected to be a weeklong display of the depth of the downturn - a torrent of bad economic news.
UK & World News: Stop point-scoring, Brown warns Saturday, November 15, 2008 @ 10:52AMGordon Brown has demanded "responsible" behaviour from the Tories after George Osborne warned that he was pushing sterling towards "collapse".
Most Read News Saturday, November 15, 2008 @ 10:51AMAFP Photo The US capital is abuzz with speculation that US president-elect Barack Obama is weighing former Democratic primary rival Hillary Clinton, seen here in St Charles, Missouri, to be a heavy-hitting secretary of state.
Most Read News Saturday, November 15, 2008 @ 10:50AMThe US capital is abuzz with speculation that US president-elect Barack Obama is weighing former Democratic primary rival Hillary Clinton, seen here in St Charles, Missouri, to be a heavy-hitting secretary of state.
Our state’s tax system is not broken Saturday, November 15, 2008 @ 10:47AMSat, Nov 15, 2008 (2:02 a.m.) The Las Vegas Sun’s front page article on Thursday, “The unpopular, endlessly debated truth about our taxes,” is a remarkable example of how a truly outstanding elected official can be absolutely right and incredibly wrong at the same time on the same subject.
Bruce Martin: Drivers have mixed reactions to testing ban Friday, November 14, 2008 @ 1:55PMHOMESTEAD, Fla. -- Dealing with a crumbling economy, NASCAR announced a major move Friday morning by banning testing at all tracks that host Sprint Cup, Nationwide, Truck Series and Weekly Racing Series races for 2009.
Gordon, big city mayors seek share of bailout Friday, November 14, 2008 @ 1:54PMWASHINGTON - Three big city mayors asked the federal government Friday to use a portion of the $700 billion financial bailout to assist struggling cities.
RBI releases guidelines on repo transactions Friday, November 14, 2008 @ 1:54PMOn Friday, the Reserve Bank of India released draft guidelines on uniform accounting for repo and reverse repo transactions.
Lawmakers blast shifts in bailout plan Friday, November 14, 2008 @ 1:52PMLawmakers complained that the Bush administration is ignoring the will of Congress and slighting homeowners in its latest approach to spending $700 billion in rescue money.
RBS plans to axe 3,000 investment bank jobs Friday, November 14, 2008 @ 1:51PMRoyal Bank of Scotland , is considering cutting 3,000 jobs in its investment banking arm, a person familiar with the matter said on Friday.
Stocks Staging Another Afternoon Recovery Attempt - U.S. Commentary Friday, November 14, 2008 @ 1:50PM(RTTNews) - Stocks have regained some ground over the course of afternoon trading, with the major averages climbing well off their worst levels of the day. Nonetheless, the markets are seeing continued weakness following some negative economic reports and comments by Fed officials.
Three big city mayors seek cut of bailout Friday, November 14, 2008 @ 1:50PMAdding to the chorus of pleas for financial help, three big-city mayors asked the federal government Friday to use a portion of the $700 billion financial bailout to assist struggling cities.
Come clean on future of UTMB Thursday, November 13, 2008 @ 2:42AMGalveston County residents deserve the answers to several questions after the University of Texas regents voted to slash 3,800 jobs from the UTMB work force.
Credit card relief plan is rejected Thursday, November 13, 2008 @ 2:40AMFederal bank regulators have rejected a request by banks and consumer advocates for a program to let lenders forgive huge portions of credit-card debt.
Advertisement starts Thursday, November 13, 2008 @ 2:40AMindustrial output growth slumping to 8.2 percent in October, its weakest showing since October 2001. Stock markets tumbled in Asia and Europe, spooked by worries that massive capital injections and emergency regulatory measures have failed to halt damage to the real economy.
Germany falls into recession, Japan to boost IMF Thursday, November 13, 2008 @ 2:39AMLONDON/TOKYO (Reuters) - Germany has fallen into recession and China industry output growth dropped to its lowest in seven years, data showed on Thursday, reinforcing fears the financial crisis is plunging the world into a painful downturn.
First full-year slump since 1940s, says IMF Thursday, November 13, 2008 @ 2:38AMA stark warning from the IMF that the world’s developed economies are collectively set to endure their first full-year contraction since the Second World War, triggering a global recession, sent shares plummeting again on both sides of the Atlantic.
(AFX UK Focus) 2008-11-13 08:12 UPDATE 1-Dubai property giant Emaar says reviewing jobs Thursday, November 13, 2008 @ 2:38AMBy John Irish
Taiwan’s jailed former president on hunger strike Thursday, November 13, 2008 @ 2:37AMThu, Nov 13, 2008 (12:21 a.m.) Jailed former Taiwanese President Chen Shui-bian has begun a hunger strike to protest his arrest and highlight his claim that he is being persecuted by his successors, his lawyer said Thursday.
Obama: He’s just not that into us Sunday, November 9, 2008 @ 3:49AMEven with its economy and its international reputation in tatters, the United States has not lost its ability to influence and excite the rest of the world.