guardian.co.uk Politics:
There is a lot of sense in Tory thinking but they must do more to close the gap between rich and poorAlthough the next election sometimes seems like a choice between root canal work and an operation for haemorrhoids, I do at (Read More)
guardian.co.uk Politics:
With no signs of green shoots, Mervyn King is right to be downbeat - whatever the Queen saidSo: the government has a fiscal plan, confirmed by the Queen, under which it will halve the budget deficit in four years and eliminat (Read More)
India Times:
The total GDP of India, China and the US in 2050 will be over 70% more than that of the other G20 countries combined, the reputed American think-tank, Carnegie Endowment for International Peace, says. (Read More)
The Guardian:
The FTSE 100 fell and the banks collapsed. But as Patrick Collinson reports, the only shares that didn't go up in smoke were tobacco companiesIn a decade dominated by the rise of China, the expansion of the internet and the p (Read More)
Wall Street Journal:
LOS ANGELES (MarketWatch) -- Mexico's economy was on the mend in the third quarter, with a year-over-year contraction coming in less than anticipated by analysts, as well as growth from the previous quarter. Gross domestic pr (Read More)
Wall Street Journal:
The goverment report on how the economy fared during the third quarter comes investors take gains off the table in the wake of recent highs.
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The Guardian:
Denuclearisation will only come when bridges have been built with Pyongyang and it feels firmly set on a new economic courseNegotiations over the denuclearisation of the Korean peninsula look set to resume. Sadly, they are un (Read More)
Financial Sector and Stocks Analysis from Seeking Alpha:
Today's Four for Four: Jobless Claims are still at Recessionary levels. Geithner takes Congressional Heat. The FDIC Quarterly Banking Profile will be released next Tuesday. More Treasury supply before Turkey Day and the Daily (Read More)
www.guardian.co.uk:
• Shortage threatens low-carbon targets, argues business group• Gap comes as demand for scientists and engineers increasingBritain lacks the skills or training facilities to make the successful transition to a low-carbon econ (Read More)
Reuters Video: Business:
Nov 20 - Tsingtao, China's No.2 beermaker, is hoping a recovering economy and know-how from Japan's Asahi will return it to double-digit growth.
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Wall Street Journal:
Venezuelan President Chávez wasn't pleased with recent data showing the country's economy tumbling into a recession, so he came up with a solution: Find a new, "Socialist-friendly" gauge. (Read More)
The Economist:
Don’t cut the deficit now—but explain how, eventually, you willFOR years America’s fiscal problems had a surreal quality. No one disputed that an ageing population and health-care inflation could bust the budget, but that pro (Read More)
The Economist:
As the world economy tumbled into recession, most rich countries’ governments tried to prop up ailing carmakers by dishing out cash to drivers who scrapped an old vehicle to buy a new one. According to the OECD, America’s pro (Read More)
Wall Street Journal:
Venezuelan President Hugo Chavez said Wednesday he plans to come up with a new, socialist-friendly way of measuring economic growth, one day after gross domestic product data indicated his country is in recession.Hugo Chavez (Read More)
Financial Sector and Stocks Analysis from Seeking Alpha:
Edward Harrison submits:After a huge fall off in credit consistent with the fall in nominal GDP, we are seeing credit stabilise at a lower level. Debt to GDP ratios may not be lower, but as GDP is lower, so too is credit in t (Read More)
guardian.co.uk Politics:
As budget deficit hits £11.4bn, economic thinktank expects a weaker upturn for Britain over next two yearsThe Organisation for Economic Co-operation and Development today warned Alistair Darling that he has no scope to affor (Read More)
guardian.co.uk Society:
Every day 700 children are killed on the road. Thankfully, the UN is starting to pay attention to road safetyRoad safety in Britain evokes Tufty, and accelerates page-turning. Is this really still an issue? The charity RoadPe (Read More)
Reuters:
PARIS (Reuters) - Following is a summary of what the Paris-based Organisation for Economic Co-operation and Development had to say about non-members Brazil, India, China and Russia in its semi-annual Economic Outlook released (Read More)
guardian.co.uk Society:
National debt soars to 59.2% of GDP, the highest since records began in the 1970sBritain's budget deficit blew out to the worst ever reading for an October last month, suffering a much bigger than expected shortfall of £11.4b (Read More)