Chinese president warns on economy

"BEIJING, China (AP) -- Chinese President Hu Jintao warned that China has started to lose its competitive edge in trade amid the global financial crisis as he told Communist Party leaders the challenge posed a test...

City Governments are now going into Debt Billions of Dollars

While this story focuses on Houston, other large cities are mentioned to be in the same boat as Houston.  Failure of city governments is an area that will effect local citizens on various levels."HOUSTON -- The...

Time for Obama's Package

"President-elect Barack Obama warned that the U.S. is “trapped in a vicious cycle” and faces the loss of “millions of jobs” unless immediate steps are taken to stimulate the economy and to rescue the...

This Is Not A Normal Recession: Moving on to Plan B

""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...

Hello Canada The Recession is Coming 100,000 Jobs to Be Lost: Report

Scary news for Canada as when before Canadians knew the economy was slowing down, analysts  now predict the recession is to hit hard in several sectors of the economy. According to the report:" Canadians are in...

No oxygen in the IMF ventilator

"By Mosharraf ZaidiThe News InternationalBeing of Pakistani origin qualifies an IMF employee to be as much of a Pakistani economy expert, as being of Pakistani origin qualifies a child that eats a lot of Krispy Kreme doughnuts to be an expert in Pakistani child nutrition....

A Standard for Leadership

"Jamie Lee Curtis, in a thank you letter to Barack Obama, sets a fantastic standard for what leaders should be, using the words of Rudyard Kipling’s If: If you can keep your head when all about you Are losing theirs and blaming it on you; If you can trust yourself when all...

Election Day in Brazil: São Paulo may cost the next presidential elections t...

UPDATE: " Gilberto Kassab(DEM) was re-elected in São Paulo with more than (61%) of the votes defeating Marta Suplicy( PT), President Lula da Silva's backed candidate. Eduardo Paes (PMDB) was elected in Rio de...

Commodities Index Could Lose 40%: Analyst

" The commodity market is still very much pricing in a further slow down and the signs we're seeing at the moment suggest that the process is intensifying rather than diminishing," Roberts said while taking a technical look at the Goldman Sachs Commodities Index. The...

Jesse Jackson: “Zionists” will lose influence under Obama

"The campaigns are sparring over comments by Rev. Jesse Jackson arguing that Barack Obama’s foreign policy will mean an end to “decades of putting Israel’s interests first.” According to a report in the NY...

Brazil can lose to anyone right now: Robinho

Five times champion Brazil are capable of losing to any team right now, said striker Robinho.This is really a bad phase of Brazilian football,yhis kind of statement clearly shows the morale and low motivation level...

What would McCain's health plan do?

" Instead, McCain would give families $5,000 refundable tax credit and individuals a $2,500 tax credit.   People who lose workplace coverage could use the funds to purchase insurance in the individual...

McLaren lose appeal over Hamilton

"McLaren’s appeal against Lewis Hamilton’s 25-second penalty in the Belgian Grand Prix has been ruled inadmissable. The 23-year-old British driver was demoted from first to third, with Felipe Massa handed the victory. Hamilton gave evidence at Monday’s appeal to...

Gov. Palin Washington Post blows it

" Washington Post blows it By Michelle Malkin  •  September 12, 2008 07:31 AM In a page 1 news story, Washington Post reporter Anne Kornblut accuses Sarah Palin of asserting “that the Iraqi government under Saddam Hussein helped al-Qaeda plan...

Anand out of contention at Bilbao Grand Slam

"World Champion Viswanathan Anand bowed out of contention for a top finish in the Bilbao Grand Slam final chess tournament after losing from a better position against Levon Aronian of Armenia in the eighth round. After suffering his second loss in the tournament, Anand’s...

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