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Las Vegas Review-JournalThe event would be held at the Las Vegas Convention Center if the city wins the right to host, under the proposal offered by the Las Vegas Host Committee. The event could generate more than $400 million to Southern Nevada’s economy. Las Vegas is the …Las Vegas one of eight finalists for GOP […]
Policy Makers Devise Plans to Provide Money to KievNew York TimesWASHINGTON — With a financial catastrophe unfurling alongside its political transition, Ukraine is in desperate need of billions of dollars — and quickly. Its economy is shrinking. Its government treasury is empty. Its foreign-exchange funds are low … and more …read more Source: Kiev News […]
By John Whitefoot Echoing the overall sentiments of the U.S. economy, U.S. retail sector sales fell (apparently) unexpectedly in January by the most since June 2012, as initial claims for jobless benefits rose more than forecast. The United States Census Bureau announced that … Read More This article Retail Sales Decreasing? Not in These Retail […]
Shadow banking not so dark [Commentary]Baltimore SunThe World Economic Forum in Davos, Switzerland gave us an excellent window into the concerns that world leaders have about the global economy — particularly China’s shadow banking system. But while the concerns may be legitimate, the expressed fear … and more …read more Source: Davos Forum News From […]
The Business of FashionSYDNEY, Australia — Although Australia is the only advanced economy that did not enter a deep recession as a result of the global financial crisis, today, the country’s fashion industry is facing tough times, affecting established retail chains … …read more Source: Fashion News By Google
BBC NewsFor the new Italian government, led by Prime Minister Matteo Renzi, the big task will be to breathe new life into the Italian patient. It is the third largest economy in the eurozone, one that has underperformed since the single currency was established 15 years …Italy’s New Premier Wins Crucial Confidence VoteABC NewsRenzi govt […]
By John Whitefoot While the U.S. economy is hardly on solid footing, the fact remains that as the world’s biggest and most influential economy, the U.S. doesn’t have to be running optimally to keep the global economy chugging along. Though, it would be … Read More This article Why Canadian Oil Plays Are More Attractive […]
More conventions coming to Los Angeles as economy gains strengthLos Angeles TimesTeen volleyball players, firefighters and female engineers are among the Los Angeles visitors who are expected to make 2014 one of the biggest years for the L.A. Convention Center in decades. The Convention Center has booked 29 conventions for 2014, … and more …read […]
The GuardianComing down the mountain from Davos, William McDonough was reminded that striving together, everybody wins. Photograph: Arnd Wiegmann/REUTERS. Recognising global warming as “one of the most serious and complex challenges facing humankind,” … …read more Source: Davos Forum News From Google
Mia Farrow and Amazon Watch have been revealed as Ecuador’s fools, while the country led by President Rafael Correa has, and continues to do oil deals and oil production that show cheerful disregard for the environment. Moreover, Chevron, the American oil company not even doing business in Ecuador (and hasn’t ever done so, having purchased […]
By John Whitefoot I was reading an article that suggested investors are underestimating the extent that U.S. corporate profits could grow in 2014. And that the only reason the U.S. economy reported disappointing retail sales and weak jobs numbers and manufacturing data was … Read More This article How to Profit from the S&P 500—Even […]
By Moe Zulfiqar Conditions in the U.S. economy are deteriorating fairly quickly. The economic data suggests it’s slowing down. We already saw the U.S. economy decelerate in 2013 compared to 2012; now, investors are asking if this is going to be the case … Read More This article What Retailers Are Saying That Makes Me […]
By John Whitefoot If the state of the U.S. housing market is a key indicator on the health of the U.S. economy, things aren’t looking great. Against a backdrop of an obviously weak U.S. economy, U.S. housing prices have been rising steadily higher, … Read More This article Homebuilders Starting to Feel the Crunch We’ve […]
By John Whitefoot For an economy that relies on consumer spending to fuel the vast majority of its economic growth, ongoing weak retail sector sales and increased jobless claims cannot be part of the equation. But they are. And have been. In January, … Read More This article Weak Retail Environment an Investment Opportunity in […]
By Moe Zulfiqar Consumer spending is critical when it comes to growth of the U.S. economy. It makes up a significant portion of the U.S. gross domestic product (GDP)—about 70%. So, if consumer spending declines even by a little, it can really impact … Read More This article How to Profit When Consumer Spending Is […]
ReutersROME (Reuters) – Italian centre-left leader Matteo Renzi received a mandate on Monday to form a new government, promising rapid tax, labor and institutional reforms to revive a deeply troubled economy. He needs to seal a formal coalition deal with the …Tuscan tapped to be next Italian PM is fast-riserWashington PostParty’s New Leader Agrees to […]
Consumer outlook brightens for Nashville shoppersThe TennesseanA new report shows that Middle Tennessee shoppers are more optimistic about the economy that they were last fall. / AP. Written by. Jamie McGee. Filed Under. Business. ADVERTISEMENT. After a less-than-optimistic holiday season, Middle Tennessee … and more …read more Source: Nashville News From Google
ReutersCAIRO (Reuters) – The bombing of a tourist bus in Egypt by suspected Muslim militants marks a strategic shift to soft targets that could devastate an economy already reeling from political turmoil. The assailants, who killed two South Koreans and an Egyptian …Egypt: Suicide bomber caused deadly tourist bus blastUSA TODAYSinai attacks: Deadly bombing hits […]
ReutersBANGKOK (Reuters) – Protesters seeking to oust Prime Minister Yingluck Shinawatra surrounded Thai government headquarters on Monday in response to police efforts to clear them from the streets, as farmers besieged her temporary office to demand …Thai Farmers Put Pressure on PM Over Rice PaymentsABC NewsThailand protesters besiege temporary government HQThe GuardianAngry farmers besiege Thai […]
Diverse economy is fueling Atlanta’s improved job growthAtlanta Business ChronicleThe (preliminary) data reveals Atlanta added 58,400 jobs in 2013, an increase over 2012’s total of 55,000. Atlanta’s employment base has been growing strongly since 2010, adding more than 180,000 jobs during this time. This brings Atlanta within … …read more Source: Atlanta News By Google
Seattle 1-percenter a leader in push for $15 minimum wageThe Seattle TimesKnow him or not, in 2014, Seattle venture capitalist Nick Hanauer’s politics are sure to be in your face — and headed for your ballot. As a renegade member of the 1 percent, Hanauer is trying to tilt the debate over what makes the […]
Financial TimesEfforts to install Italy’s next coalition government as quickly as possible have run into their first setback after Matteo Renzi, leader of the centre-left Democratic party, faced demands by potential allies for more time to agree on a common programme. Mr Renzi …Italy’s Renzi must reform troubled economy with awkward allianceReuters UKItaly’s Renzi struggles […]
The News InternationalBEIJING: US Secretary of State John Kerry said he urged Chinese leaders to support Press freedom and a free Internet. Speaking on Saturday after talks with Chinese leaders, Kerry said that the Chinese economy would be stronger with great freedom of the …John Kerry to talk climate change in JakartaCBC.caJohn Kerry backs Internet […]
The Davos ApocalypseMareeg MediaGlobal warming is a long-term problem. Most models indicate that the cost toward the end of the century will be 1-5% of world GDP. This is not a trivial loss; but nor does it put “the world economy at risk.” For comparison, the IPCC expects that by the … …read more Source: […]
BBC NewsThe extent of corruption in Europe is “breathtaking” and it costs the EU economy at least 120bn euros (£99bn) annually, the European Commission says. EU Home Affairs Commissioner Cecilia Malmstroem has presented a full report on the problem. She said …Report: Corruption Costs EU Over $162 Billion a YearTIME‘Breathtaking’ corruption costs Europe $185ba yearSydney […]
New York TimesCecilia Malmstrom, the European commissioner for home affairs, said corruption “hurts the European economy and deprives states of much-needed tax revenue.” Yves Logghe/Associated Press. PARIS — Despite its relatively clean image, the European …Government ‘must do more’ to counter corruptionIrish TimesGreeks United on View Their Country Is Corrupt, EU Survey ShowsBusinessweekCorruption costs EU […]
RTT NewsThe European Commission’s first ever EU Anti-Corruption Report, published on Monday, says that the extent of corruption in the 28-nation bloc is “breathtaking,” which costs its economy about EUR120 billion ($162 billion) annually. Presenting the report, EU …Almost half of European businesses say corruption a problemThe Globe and MailCorruption across EU ‘breathtaking’BBC NewsEU: Corruption […]
HaaretzPM issues ultimatum to economy minister: Apologize by Sunday or you’re fired; Bennett says regrets if Netanyahu was hurt; Likud officials: We didn’t expect our threat to work so quickly. By Barak Ravid | Jan. 29, 2014 | 8:16 PM | 7 …Kerry to present framework for peace talks on return to Middle EastIrish TimesAmbassador […]
Remarks of President Barack Obama – As Prepared for Delivery State of the Union Address Tuesday, January 28, 2014 Washington, D.C. As Prepared for Delivery – Mr. Speaker, Mr. Vice President, Members of Congress, my fellow Americans: Today in America, a teacher spent extra time with a student who needed it, and did her part […]
ReutersKIEV (Reuters) – Ukrainian Prime Minister Mykola Azarov offered his resignation on Tuesday, saying he was stepping down because of the threat to the economy caused by two months of unrest, his press service said. Under the constitution, the departure of …Ukraine PM Offers ResignationVoice of AmericaUkraine’s Prime Minister Mykola Azarov submits resignationFox NewsUkraine Premier […]
Indian ExpressIndians can now get a “three-year” visa with “multiple” entries to visit Japan, a senior official in the Shinzo Abe administration said here Sunday. As Abe participated in the Republic Day parade as its chief guest, Japan foreign ministry’s Press secretary Kuni …Japan enters where China is barred – northeast IndiaTimes of IndiaChina in […]
ReutersTOKYO Jan 27 (Reuters) – After falling by almost a fifth since Japanese Prime Minister Shinzo Abe came to power just over a year ago, the yen is in a sweetspot for the economy. Companies have roared back with bumper profits as the currency’s slide to …Japan’s Abe says China’s prosperity rests on trust, not […]
BBC NewsThe head of the International Monetary Fund (IMF) has warned that deflation remains a real risk to economic recovery in the eurozone. Despite signs of recovery across the world, Christine Lagarde said that potential risks must not be ignored. One of …Davos participants avoid seeming too hopeful, Draghi talks down deflation fearseuronewsMood of ‘cautious […]
Strong jobs report for Miami-Dade as unemployment dips to 7.5 [email protected] Miami-Dade County received its best hiring scorecard in since the summer of 2012 on Friday, with the year-end employment numbers showing fewer people without work and expanding payrolls throughout much of the economy. …read more Source: Miami News From Google