International Business News - Economy http://www.ibtimes.com/rss/feed/economy.rss All articles are copyrighted by IBTimes.com 120 30 http://www.ibtimes.com/rss/feed/economy.rss http://www.ibtimes.com/images/top_logo_ibt2_3.gif It's amazing but true. Even after all we've been through and all we have supposedly learned about the danger of being over leveraged and borrowing more than you can pay back, we are still piling on debt. http://www.ibtimes.com/articles/20090922/america-digs-deeper-into-debt.htm http://www.ibtimes.com/articles/20090922/america-digs-deeper-into-debt.htm Tue, 22 Sep 2009 09:28:52 EDT Last week's buzz in Jackson Hole Wyoming and around Wall Street is whether or not Banana Ben Bernanke should be reappointed to the Fed Chair. CNBC held a panel discussing this issue with Bob McTeer (former President of the Dallas Fed). http://www.ibtimes.com/articles/20090824/buzz-over-bernanke.htm http://www.ibtimes.com/articles/20090824/buzz-over-bernanke.htm Mon, 24 Aug 2009 11:08:12 EDT India's latest trade figures showed a tenth straight month of declining exports, further supporting the notion that India and its BRIC peers are continuing to feel the sting of economic contagion. http://www.ibtimes.com/articles/20090819/indian-economy-surprisingly-resilient-face-falling-exports.htm http://www.ibtimes.com/articles/20090819/indian-economy-surprisingly-resilient-face-falling-exports.htm Wed, 19 Aug 2009 13:44:44 EDT Instead of allowing a cathartic and reconciling recession to run its course, the Fed decided last year to again bail out the economy by greatly expanding the money supply. In this latest case of artificial intervention, the expansion in the monetary base was a record-breaking trillion dollars, but that intervention has abated in the last few months. http://www.ibtimes.com/articles/20090817/recovery-foundation-built-on-sand.htm http://www.ibtimes.com/articles/20090817/recovery-foundation-built-on-sand.htm Mon, 17 Aug 2009 14:34:00 EDT Get ready to be hit by some startling inflation data. The data soon to be released by the government will put a dagger through the hearts of those who are predicting a protracted period of deflation. http://www.ibtimes.com/articles/20090812/fall-fashion-is-inflation.htm http://www.ibtimes.com/articles/20090812/fall-fashion-is-inflation.htm Wed, 12 Aug 2009 09:22:25 EDT The results of Mexico's July elections, where President Felipe Calderon lost support in Congress, don't bode well for taking steps that will fix Mexico's economy, according to economist Rogelio Ramirez de la O. http://www.ibtimes.com/articles/20090802/mexicojuly-elections-results-mean-stalemate-economic-decisions-economist.htm http://www.ibtimes.com/articles/20090802/mexicojuly-elections-results-mean-stalemate-economic-decisions-economist.htm Sun, 02 Aug 2009 21:03:34 EDT President Obama's call for all of us to (cough) tighten our belts has garnered savings of $100M. Of course any numbers of hundreds of government handouts to homeowners, banks, car makers, home builders, and Congress itself in the past half year has already negated this savings by many multiples but please - we call it window dressing and it's time for an Oval Office signing. http://www.ibtimes.com/articles/20090730/ugovernment-makes-strides-solving-budget-deficit006-cost-savings.htm http://www.ibtimes.com/articles/20090730/ugovernment-makes-strides-solving-budget-deficit006-cost-savings.htm Thu, 30 Jul 2009 09:16:12 EDT Zero Hedge, in collaboration with David Rosenberg, Chief Economist & Strategist, Gluskin Sheff + Associates, Inc., is pleased to release the attached analysis "The End Of The End Of The Recession." http://www.ibtimes.com/articles/20090727/end-end-recession.htm http://www.ibtimes.com/articles/20090727/end-end-recession.htm Mon, 27 Jul 2009 08:31:33 EDT What should be clear to all Americans is that the need to grow the economy has never been more critical. But what constitutes real growth and the pathway to achieve it, has never before been more confused. http://www.ibtimes.com/articles/20090721/growth-never-more-needed-never-more-misunderstood.htm http://www.ibtimes.com/articles/20090721/growth-never-more-needed-never-more-misunderstood.htm Tue, 21 Jul 2009 09:21:17 EDT Google Inc is not responsible for allegedly defamatory online comments that appeared in its Internet search results, a British judge ruled in a decision made known on Monday. http://www.ibtimes.com/articles/20090720/google-cleared-in-uk-defamation-suit.htm http://www.ibtimes.com/articles/20090720/google-cleared-in-uk-defamation-suit.htm Mon, 20 Jul 2009 22:40:07 EDT In a fascinating e-book, Credit and credibility, Richard Karn, author of the Emerging Trends Report, is now offering his assessment of today's financial turmoil and what he considers to be the five most pressing issues the global economy will face in the years ahead. http://www.ibtimes.com/articles/20090717/karn-credit-and-credibility.htm http://www.ibtimes.com/articles/20090717/karn-credit-and-credibility.htm Fri, 17 Jul 2009 12:09:11 EDT Even if President Lula da Silva is wrong when he said "God must be Brazilian," the country is still experiencing miracles in terms of its notable economic progress while a greater part of the world has lagged due to the economic recession. http://www.ibtimes.com/articles/20090709/brazil-offers-samba-confidence-investors.htm http://www.ibtimes.com/data/articleimgs/216487-carnival.jpg http://www.ibtimes.com/articles/20090709/brazil-offers-samba-confidence-investors.htm http://www.ibtimes.com/articles/20090709/brazil-offers-samba-confidence-investors.htm Thu, 09 Jul 2009 09:47:36 EDT David Rosenberg, widely-followed chief economist and strategist of Canadian Gluskin Sheff & Associates, yesterday made an impressive appearance on CNBC, discussing the economic and market outlook in a fair amount of detail. http://www.ibtimes.com/articles/20090708/rosenberg-interview-cold-truth-about-economy-and-markets.htm http://www.ibtimes.com/articles/20090708/rosenberg-interview-cold-truth-about-economy-and-markets.htm Wed, 08 Jul 2009 05:57:54 EDT With the printing presses working overtime, government debt sky-rocketing and the US dollar getting debased, are we heading for an era of hyperinflation? Ron Paul, Peter Schiff, Jim Rogers, http://www.ibtimes.com/articles/20090702/hyperinflation-nation.htm http://www.ibtimes.com/articles/20090702/hyperinflation-nation.htm Thu, 02 Jul 2009 15:00:58 EDT The Consumer Confidence Index gave back part of its recent gains in June, falling 5.5 points to 49.3. Both the present situation and expectations series fell, with the present situation series giving back all of its gains from April and May http://www.ibtimes.com/articles/20090630/less-is-no-longer-enough-consumers.htm http://www.ibtimes.com/articles/20090630/less-is-no-longer-enough-consumers.htm Tue, 30 Jun 2009 12:12:42 EDT Last week on CNBC's “The Kudlow Report” there was a thrilling debate over inflation between Alan Blinder and Arthur Laffer. http://www.ibtimes.com/articles/20090629/apples-and-inflation.htm http://www.ibtimes.com/articles/20090629/apples-and-inflation.htm Mon, 29 Jun 2009 15:32:45 EDT Worries about inflation have clearly gotten ahead of themselves. While we believe inflation is a monetary phenomenon over the long run, lags between stronger money growth and rising inflation are long and variable. The Fed still has plenty of time to drain the liquidity it provided in the aftermath of the financial crisis before a troublesome inflation takes hold. Bond investors will likely remain edgy until such a plan materializes, as they should. http://www.ibtimes.com/articles/20090619/lower-inflation-liberates-fed.htm http://www.ibtimes.com/articles/20090619/lower-inflation-liberates-fed.htm Fri, 19 Jun 2009 15:16:43 EDT U.K. Chancellor of the Exchequer Alistair Darling will say later on Wednesday that the focus of banks should be on long term wealth creation, not short term profits, reports said citing advance extracts of his speech. He is also set to signal that the overhaul of the U.K. financial regulatory system would be limited. http://www.ibtimes.com/articles/20090617/banks-should-focus-on-wealth-creation-not-short-term-profitsk-chancellor.htm http://www.ibtimes.com/articles/20090617/banks-should-focus-on-wealth-creation-not-short-term-profitsk-chancellor.htm Wed, 17 Jun 2009 06:51:00 EDT Most investors and pundits are celebrating the green shoots of economic stabilization and the belief that there will be a “V” shaped recovery in GDP growth. http://www.ibtimes.com/articles/20090615/plastic-green-shoots.htm http://www.ibtimes.com/articles/20090615/plastic-green-shoots.htm Mon, 15 Jun 2009 14:42:31 EDT Our forecast incorporates the improved tone of recent economic reports as well as the anticipated bounce-back in motor vehicle production from the current severely depressed levels in the third quarter. http://www.ibtimes.com/articles/20090610/monthly-economic-outlook.htm http://www.ibtimes.com/articles/20090610/monthly-economic-outlook.htm Wed, 10 Jun 2009 08:47:29 EDT