China GDP Grows at 9.1% in Third Quarter
The gross domestic product of China has expanded 9.1 per cent in the third quarter from a year earlier, which is the slowest speed in more than two years for the world’s second-largest economy.
Green Jobs Make Up One-Third of Construction Workforce: McGraw Hill
A report from McGraw Hill Construction found that green jobs now make up one-third of the positions in the design and construction workforce, a figure that is only expected to grow this decade.
America’s biggest growth industry: declinism
Conservative agitator Pat Buchanan’s new book says America might not survive until 2025; it’s called “The Suicide of a Superpower.” Even less alarmist observers are suddenly sounding a lot like Buchanan, as economists now predict that China may surpass the United States as the world’s largest economy a lot sooner than we thought, and important conferences are convened to deal with what Fareed Zakaria memorably dubbed “the post-American world.”
Guinness Ghana targets 30 pct boost in pretax profit
Guinness Ghana plans to boost its pretax profit in the 2011/2012 financial year by 30 pct on the back of a recovery in the West African nation's beer market, the company's finance director said on Monday.
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Greece Heads for Standstill Before Austerity Vote
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Suicides Soar in Greece as Economic Crisis Strangles Nation
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Saudi Central Bank Uninterested in Buying Distressed Assets
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Nouriel ‘Dr. Doom’ Roubini: Unregulated Capitalism Caused High Unemployment, Inequality, Led to Occupy Wall Street Protests
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Ray Dalio Says 500 Years of History Shows 5 Forces Driving Today's Markets — Gold Is Insurance for Your Savings
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South African Govt. ‘Loses’ At Least 20% of Taxpayer Money Annually on Corruption, Negligence: Report
South Africa is awash in corruption and financial mismanagement.
Taiwan Fears Global Economic Slowdown Will Hurt Exports
The Chung-Hua Institution for Economic Research (CIER) reduced its forecast for the country’s economic growth this year to 4.58 percent from its previous 5.02 percent estimate.
iPhone 4S Shipped: Apple Shares at $419 and Trending Higher - Stock Review
Apple may sell as many as 4 million iPhone 4S units this weekend, and that bodes well for the company's shares, to say the least.
Gold Mining a Big Positive to Peru Economy, Says Global Trade Group Report
Gold mining has been a boon --not a curse -- to the Peruvian national economy over the past decade, helping lift specific mining communities out of poverty, a report released Friday by the gold-mining industry group World Gold Council, said.
Kenya tax collection up 15 pct yr/yr in Jul-Sept
Kenya's tax revenues for first quarter of fiscal 2011/12 (July-June) year rose 15 percent to 161 billion shillings compared with the same period a year ago, lifted by a jump in trade and domestic taxes, and was seen higher in he second quarter, its revenue body said.
New Zealand Oil Spill Tainting Nation’s ‘Pure’ Image for Tourists
The New Zealand oil spill threatens to taint the nation's 100 percent Pure reputation for tourists.
Bangkok Prepares for Massive Flooding
Pathum Thani, a town only 30 miles north of Bangkok, is already heavily flooded.
S&P Downgrades Spain’s Credit Rating
The credit agency’s downgrade of Spain follows a similar cut by Fitch Ratings last week.
Holiday Hiring - Ray of Light: Retailers to Add 500,000 Jobs for Holiday Shopping Season
The U.S. job market remains a very challenging one -- with inadequate job growth so far in the current economic expansion. But there is some good news for job seekers this holiday season: retailers plan to add 480,000 to 500,000 season jobs during the next few months to prepare for the holiday shopping season, retail sector officials said.
IMF Cuts Asian Economic Growth Forecasts
The Fund said gross domestic product (GDP) growth across Asia will average 6.3 percent in 2011, and 6.7 percent in 2012 (in April, the IMF forecast nearly 7 percent growth for both years).
German GDP Growth to Sharply Drop in 2012: Economists
They lowered their 2012 GDP forecast to 0.8 percent from their previous estimate of 2 percent, partially due to the spiraling debt crisis in the Eurozone.
Obama Jobs Plan: President Will Continue to Press Congress for Action
President Barack Obama has pledged to continue to fight for Congressional action on his $447 billion jobs bill, even if parts of it have to be eliminated to attract Congressional Republican votes.
Greece Bailout: Latest Eurozone Move Not Enough to End Crisis
Two years into the Greek sovereign debt crisis, Eurozone countries are still finger-pointing and not working toward a long-term solution based on mutual interest. Further, the most recent $11 billion band-aid for Greece will buy no peace for stakeholders, nor any resolution to the crisis.
Doing Business in Brazil: Opportunites Abound
Brazil remains a hotbed of opportunity for those interesting in doing business internationally -- finding growth beyond the slow-growth U.S. borders.
Poland Election: PM Wins Second Term, Will Keep Old Coalition for Now
Prime Minister Donald Tusk, leader of the center-right pro-market Civic Platform (PO) party, won re-election in Poland Sunday night. For the first time since the fall of communism in 1989, the major political party in Poland has maintained its grip on power. The fairly fought election in the formerly communist country establishes the country's democratic and economic stability.
HSBC cuts Egypt; upgrades Poland
HSBC cut its weighting on Egypt to "neutral" from "overweight," on increased political risks, and upgraded Poland to "overweight" from "underweight," on macroeconomic stability and valuation.
Housing starts jump in September: CMHC
Canadian housing starts jumped much more than expected in September, helped by a surge in the condominium sector, suggesting Canada's property boom stayed intact last month and should help the economy avert recession.
Greece Likely to Receive Next Tranche of Bailout Cash in November
There were fears that without the cash injection, the government wouldn’t be able to pay public servants and therefore default on its debt.
Herman Cain's '9-9-9' Plan Would Tax Poor People's Food, Clothing
Herman Cain told CNN's Candy Crowley that under his 9-9-9 economic plan, food would be subject to a 9 percent national sales tax that he claims would not negatively impact low-income Americans.
Dexia agrees to Franco-Belgian rescue deal
Franco-Belgian bank Dexia agreed early on Monday to the nationalization of its Belgian banking division and secured 90 billion euros ($121 billion) in state guarantees in a rescue that could pressure other euro zone governments to strengthen their banks.
Polish PM's Party Expected to Win Sunday Election
Poles are voting in a parliamentary election Sunday, likely to give the ruling center-right Civic Platform four more years in power to press on with gradual economic reforms and closer ties with the EU.
France, Belgium Set to Finalize Dexia Breakup
France and Belgium are set to finalize the breakup Sunday of Dexia, the first bank to fall victim to the Eurozone sovereign debt crisis, with global credit risk exposure of 512 billion euros ($691 billion).
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Netanyahu Has Told Israeli Diplomats To Support Argentine Push For Falklands Talks: Report
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France Braces For Riots On Day After Deadly Paris Shooting, Deploys Tens Of Thousands Of Police Officers
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Israel Expands Military Operations In The West Bank, Beginning What Could Be Its Largest Offensive There In Decades
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The Trump Administration Is Intensifying Threats Of Regime Change In Cuba Before The Midterms
