By Massimo Calabresi3 February 2012 Some Obama opponents are struggling to find a cloud in the silver lining of January’s jobs numbers, which estimated that there was a 243,000-job boost and a big drop in the unemployment rate, from 8.5% to 8.3%, last month. Their biggest gripe focuses on the size of the labor force: […]
31 January 2012 (PA) – Unemployment in the 17-nation eurozone ended 2011 at 10.4 per cent, a new record high for the single currency since its launch at the start of 1999, official figures showed today. Eurostat, the EU’s statistics office, said the rate in December was unchanged, as November’s was revised upwards from a […]
The large and persistent external imbalances in the global economy that have developed over the past decade remain a point of concern for policymakers. Reducing these imbalances has been the major focus of consultations among G20 Finance Ministers under the G20 Framework for Strong, Sustainable and Balanced Growth and the related Mutual Assessment Process (MAP) […]
By Michael Santo, Tech Buzz Examiner22 January 2012 Reports such as SACOM’s from May of 2011 have shown us of the stresses, low wages, and unsafe conditions of plants such as those used for manufacturing iDevices and other electronics. Yet, on the surface, a New York Times report seems to point to more than just […]
RABAT, Morocco, January 19 (AP) – Five unemployed Moroccan men set themselves on fire in the capital Rabat as part of widespread demonstrations in the country over the lack of jobs, especially for university graduates, a rights activist said Thursday. Three were burned badly enough to be hospitalized. Self-immolation has become a tactic of protest […]
By Nouriel Roubini, Project Syndicate 13 January 2012 Macroeconomic indicators for the United States have been better than expected for the last few months. Job creation has picked up. Indicators for manufacturing and services have improved moderately. Even the housing industry has shown some signs of life. And consumption growth has been relatively resilient. But, […]
By Mícheál O’Callaghan18 January 2012 Forty years ago, a group of Scientists investigated what the world would look like if we continued on our path of exponential economic growth, with a continued growth in population, pollution and industry. The study resulted in the publishing of the eye opening book, The Limits to Growth, which would […]
[Executive Summary pdf] The world economy is on the brink of another major downturn. Global economic growth started to decelerate on a broad front in mid-2011 and is estimated to have averaged 2.8 per cent over the last year. This economic slowdown is expected to continue into 2012 and 2013. The United Nations baseline forecast […]
By Tim Rich and Jonathan Owen15 January 2012 Thousands of horses are being abandoned or tied up and left to starve, many by desperate owners unable to afford the costs of keeping them. A national crisis has seen Britain’s biggest horse charities under unprecedented pressure from the sheer number of animals needing their help. Redwings […]
By Richard Heinberg 10 January 2012 From competition among hunter-gatherers for wild game to imperialist wars over precious minerals, resource wars have been fought throughout history; today, however, the competition appears set to enter a new—and perhaps unprecedented—phase. As natural resources deplete, and as the Earth’s climate becomes less stable, the world’s nations will likely […]
