economic
-
Tax deal offers economic shot
The tax deal struck by President Barack Obama and congressional Republicans essentially gives Americans a pay raise – pumping money into the economy almost immediately and probably creating hundreds of thousands of jobs over the next two years, economists say. View full post on All Stories
-
Obama Drilling Reversal Jeopardizes Trillions in Economic Opportunity
LSU professor estimates opening rather than restricting offshore drilling would create 1.2 million U.S. jobs annually BATON ROUGE, La., Dec. 2, 2010 /PRNewswire-USNewswire/ — In the wake of an announcement by the administration to reverse its plans to expand offshore oil and gas exploration in the View full post on All Stories
-
Small bump expected in economic growth in Q3
(11-22) 21:10 PST WASHINGTON (AP) — The economy probably grew slightly faster last summer than first thought, benefiting from stronger overseas sales of U.S. goods. Still, it’s not likely to be enough to bring relief… View full post on All Stories
-
Ottawa Plans Spending Cuts To Give Economic Recovery A Big Push
AHN News Staff Ottawa, Ontario, Canada (AHN) – Ottawa is planning to put in place massive spending cuts in a bid to give Canada’s economic recover a big push. Federal Finance Minister Jim Flaherty was scheduled to outline the new economic policies in a speech Monday in Oakville, Ontario. Ahead of his speech, Flaherty hinted [...]
-
British banks have £140 billion exposure to Ireland’s economic crisis
RBS, the largely-nationalised bank, is thought to have £50 billion of outstanding loans, as George Osborne pledges £7bn help. View full post on All Stories
-
Huntington Economist Says U.S. Economic Growth Will Be Slow & Steady
COLUMBUS, Ohio, Nov. 17, 2010 /PRNewswire/ — Despite employment worries, the U.S. economy continues to show steady, if unremarkable growth, according to George Mokrzan, Ph.D., senior economist at Huntington (Nasdaq: HBAN) (www.huntington.com). “We can expect to see a steady 2 percent growth rate f View full post on All Stories
-
Skilling youths biggest long-term challenge for economic growth
Skilling India’s young is the biggest long-term challenge to keep the economy growing fast, while the size of fiscal deficit and rate of inflation present short-term challenges to policy makers, a panel of industrialists and economists said View full post on All Stories
-
High Unemployment Stalls Spanish Economic Recovery
Linda Young – AHN News Writer Madrid, Spain (AHN) – Spain’s weak economic recovery stalled in the third quarter, according to data from Spain’s National Statistics Institute. Preliminary figures for the gross domestic product (GDP) from July to September shows it unchanged from Q2. In addition, GDP for the year was only up 0.2 percent [...]
-
Obama says he failed to explain economic efforts
President Barack Obama said in a CBS interview that he takes “personal responsibility” for failing to communicate clearly on his efforts to revive the economy, leading to midterm election losses for the Democrats. View full post on All Stories