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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...
Stocks Biggest Week Ever Since 1974 and Auto Bailout Nearing
"U.S. stocks gained, capping the biggest weekly advance for the Standard & Poor’s 500 Index in 34 years, on speculation that government bailouts will shore up the economy."The S&P 500 soared by more than... 120 views | 5 comments | 39 recommendations
In Bad Economy, Charities Need Bailout Too
Food Banks, Other Nonprofits Struggle To Cope With Rising Demand As Donations Decline. This creates a pause for thought. One can only begin to imagine how the economy effects those who depend on charity for... Fire in job Market : ArcelorMittal going to cut 9000 jobs
The job market firinig is on, the latest victim are 9000 employees of worlds largest steel prodcing company.The slowing demand and worsy ever financial situation in a decade is making the cost cutting one of the most... Secret 18.5 percent VAT plan in UK denied
The UK government has denied that it has plans to raise the Value Added Tax (sales tax) to 18.5 percent if it wins the next election. A document purporting to describe the plan was published on the internet.It seems unlikely that the government would actually have such plans,...8 views | 0 comments | 0 recommendations
Ship owners want military to stop Somali pirates
Making $150 million per year 5 crewmembers just relieved, the international tanker Association wants the military to control Somali coast . First time attention draws from Terrorists to Pirates. Or finance 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...The foreclosure freeze tide
"WASHINGTON (Legal Newsline)--As Capitol Hill remains under siege from all sides of America's faltering economy, pressure to stem the tide of foreclosures continued to make inroads as Fannie Mae and Freddie Mac became the latest to join the foreclosure freeze movement.The...McCartney, Guns N' Roses albums to launch on MySpace
" NEW YORK (Reuters) - Ex-Beatle Paul McCartney and Guns N' Roses released their biggest hits on vinyl records and compact discs, but on Thursday, their new albums will debut online on MySpace. Users of...CA Supreme Court To Hear Gay Marriage Suit
"The California Supreme Court said Wednesday that it will hear a controversial lawsuit filed by opponents of Proposition 8 a voter-approved initiative that banned same-sex marriage in California.The Court also...India v England, 3rd ODI: India wins by 16 runs (D/L)
"India won the 3rd ODI against England by 16 runs on Duckworth Lewis method as bad light stopped play in Kanpur. This means India has won three out of three matches so far in the series. Scorecard - India win 3rd ODI Kevin Pieterson won the toss for England and chose to bat...RICH KIDS GETTING ZONED OUT
"RICH KIDS GETTING ZONED OUT PARENTS RIP SCHOOL SWITCH Comments: 1 Read Comments Leave a Comment By YOAV GONEN Education Reporter Click to enlarge Posted: 3:41... US doctors plan to quit or cut back :cause overwork
Well this is fatigue of overwork or financial maket collapse syndrome time will tell, but the US healthcare will suffer, as it depends heavily on immigrated doctors.The refusal to recommend medicine as profession will have very bad effect on the mindset of the... Recession: Japan's economy shrinks in 3Q
Dragged by global financial crises, Japanese economy shrinks in third quarter and enters in recession. "Japan fell into a recession in the third quarter for the first time since 2001, as the impact of the global... Poll finds great expectations for Obama
Washington (CNN) - A new national poll suggests that 75% of Americans think Barack Obama will make major accomplishments as president of the United States."The public thinks it's likely that Obama will improve race... 
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