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Minggu, 10 Juni 2012

Google Alert - Economic

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Activists jab Obama and Romney on economy
BusinessWeek
By STEVE PEOPLES AND BRIAN BAKST Separated at rival conferences by 1000 miles and a world of political ideology, liberal and conservative activists are finding themselves united by a deep disappointment with the nation's economy.
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Economic doomsayers proven wrong - Swan
Sky News Australia
Economic doomsayers proven wrong - Swan Updated: 20:13, Sunday June 10, 2012 Last week's strong economic data and cut in the cash rate has completely disproven the doomsayers, Treasurer Wayne Swan says. In his weekly economic note, Mr Swan highlighted ...
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Stimulus won't save the economy
Christian Science Monitor
Both gold bugs and stock market bulls are counting on the Fed to come through with another economic stimulus. And it probably will. But the money won't benefit those who really need it. By Bill Bonner / June 9, 2012 Federal Reserve Board Chairman Ben ...
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Christian Science Monitor
Did Republicans deliberately crash the US economy?
The Guardian
So why does the US economy stink? Why has job creation in America slowed to a crawl? Why, after several months of economic hope, are things suddenly turning sour? The culprits might seem obvious – uncertainty in Europe, an uneven economic recovery, ...
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The Guardian
Britain's economic recovery is being 'killed off' by eurozone crisis, says Osborne
The Independent
Britain's prospects for economic recovery are being "killed off" by the crisis in the eurozone, Chancellor George Osborne has warned. In a stark message to the leaders of the 17-nation single currency bloc, Mr Osborne said they were facing a "moment of ...
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Australia's Strong Economy Proves 'Doomsayers' Wrong, Swan Says
BusinessWeek
By Tracy Withers on June 10, 2012 Australia's economic performance is proving the "doomsayers" wrong, Treasurer Wayne Swan said ahead of a government conference this week to address challenges including an elevated currency and uneven growth.
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Germany's robust economic health begins to falter
Times of India
However, the latest data suggest that the robustness of the German economy could now also be faltering, even as the Bundesbank continues to give it a clean bill of health. All of the key economic data last week surprised to the downside.
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Hayes: Is Ben Bernanke trying to get Mitt Romney elected president?
msnbc.com (blog)
On Thursday, Federal Reserve Chairman Ben Bernanke went up to Capitol Hill to testify in front of the Joint Economic Committee. He faced a fairly skeptical, even hostile, audience, primarily the Republicans who think Bernanke has been doing too much to ...
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msnbc.com (blog)
Obama news conference signals rising concern about economy
Los Angeles Times
The president said it was important that Europe inject capital into weak banks and strengthen collaboration on budgets and banking policy, along with developing new strategies to stimulate their respective economies. Obama said he has had positive ...
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Spain to accept European economic bailout
Boston Globe
By Annie Lowrey and Paul Geitner Luis de Guindos, Spain's economy minister, said Spain should not be seen as the fourth euro economy requiring a bailout since the money would be used only to recapitalize banks. BRUSSELS - Spain agreed on Saturday to ...
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Boston Globe
Obama: Congress, Europe Must Stem Economic Crisis
ABC News
The economy at risk, President Barack Obama accused Republicans on Friday of pursuing policies that would weaken the US recovery. He simultaneously urged Europe's leaders to prevent an overseas debt crisis from dragging down the rest of the world.
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ABC News
Obama blames GOP Congress for slowing economy, Romney fires back
Fox News
Facing a slew of economic bad news, President Obama said Friday the private sector is doing just fine but blamed Republicans for not helping out-of-work teachers and other public-sector employees – an analysis pounced on by GOP leaders.
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Stock markets look to Chinese economic data, possible bailout for Spanish banks
Winnipeg Free Press
TORONTO - The strength of the Chinese economy and Spain's request for a bail out its debt-laden banks will be the focus of traders' attention this week. China has been a major force in helping the global economy recover from the recession that followed ...
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It's Time for the Fed to Lead the Fight
New York Times
As a result, the Fed is the only plausible source of immediate help for the American economy. It was set up as an independent body precisely so that somebody can do what's right when politicians can't or won't. I find a related argument even more ...
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Private sector 'doing fine'? Romney pounces on Obama remark
Boston Herald
By Michael A. Memoli / Tribune Washington Bureau WASHINGTON — Aware that the lagging economic recovery could dull President Barack Obama's re-election chances, Democrats have taken solace in a potential trump card — a Republican challenger they have ...
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Economic doomsayers proven wrong: Swan
Sydney Morning Herald
AAP Last week's strong economic data and cut in the cash rate has completely disproven the doomsayers, Treasurer Wayne Swan says. In his weekly economic note, Mr Swan highlighted last week's trifecta of good economic news: better than expected national ...
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Obama Battles Romney Over Who Is Most in Touch on Economy
Bloomberg
President Barack Obama said it is "absolutely clear that the economy is not doing fine," seeking to contain criticism from Mitt Romney that his upbeat remarks about the US private sector show he is out of touch. Democrats and organized labor, in turn, ...
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Economic Volatility Driving Close US Election
Voice of America
Less than five months before Election Day, experts say weakness in the US economy appears to be driving a close presidential race this year. Republicans have a new sense of momentum for their expected presidential nominee, former Massachusetts governor ...
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Voice of America
A Second Month of Anemic Growth for China's Economy
New York Times
HONG KONG — The Chinese economy, widely seen until the last few weeks as the strongest remaining locomotive that could drag the global economy back from the brink of recession, showed a second month of anemic growth in May and performed even worse ...
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Obama prods Europe to fix economies -- for US' sake
BusinessWeek
By TOM RAUM and BEN FELLER Europe's economic crisis could send shock waves roaring across the Atlantic that would drag down the fragile US economy and threaten President Barack Obama's hopes for a second term. The president demonstrated Friday just how ...
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Obama Urges Congress to Back Education Package
Wall Street Journal
By JARED FAVOLE WASHINGTON—US President Barack Obama used his weekly radio address to the nation to urge Congress to pass a series of economic proposals that will help put teachers back in the classroom. Mr. Obama said teachers across the US have been ...
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China cuts key lending rate to boost economy
BusinessWeek
By JOE McDONALD China has cut its key lending rate for the first time in four years and taken a small step toward letting market forces set bank deposit rates, as it tries to reverse an economic slump and put more money in consumers' pockets.
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China economy weak in May, inflation at 2-yr low
Times of India
BEIJING: China's inflation dipped to a two-year low in May while economic activity remained weak, reinforcing expectation that further policy easing could be in the pipeline to head off a sharper slowdown in the world's second-largest economy.
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France's Hollande faces first economic tests
China Daily
PARIS - After a brief honeymoon at the Elysee Palace, French new President Francois Hollande was dogged by flagging economy after new data showed the fragility of Europe's second powerhouse, mirroring the challenge facing the Socialist as he takes ...
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No sign of economic aid for US from Fed top boss
Ottawa Citizen
Slumping job growth has alarmed some economists who fear the US economy is in trouble. Ben Bernanke doesn't appear to be one of them. The Federal Reserve chief sketched a hopeful outlook in testimony to a congressional panel Thursday and sent no ...
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World stocks fall after Fed chief coy on stimulus
BusinessWeek
1 economy. Markets were also bracing for the possibility of glum economic data from China over the weekend. Bernanke avoided sending any signals in an appearance before members of the US Congress about what the Fed might do in response to a slowdown in ...
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Romney: Obama comments on economy will 'go down in history as an extraordinary ...
Washington Post
WASHINGTON — President Barack Obama declared Friday that "the private sector is doing fine," drawing instant criticism from Republicans who said it showed a lack of understanding of the nation's economic woes. GOP presidential candidate Mitt Romney ...
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Obama backtracks on remark economy 'is doing fine'
San Francisco Chronicle
Washington -- President Obama sought Friday to deploy the game-changing powers of his office against a grim political week during which the economy, the polls and even some of his Democratic allies seemed to conspire against him.
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Obama Trips Over `Fine Economy'
Bloomberg
By Mark Silva President Barack Obama leaves after speaking about the economy in the briefing room of the White House. President Barack Obama said this today, at a podium in the West Wing. The Republican National Committee pounced, with a Web-video ...
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Bloomberg
European situation threat to US economic recovery: Obama
New York Daily News
Washington, June 9 — The simmering eurozone debt crisis posed a big threat to the US economic recovery, with the region facing the risk of a renewed recession, US President Barack Obama said Friday. Speaking during a press conference, Obama said the ...
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The truth of the falling interest-rate economy
Sydney Morning Herald
IN AUSTRALIA we have two drivers of our economy: households and business owners. Households are consumers, so a low cash rate means lower costs for mortgages, car finance and credit cards. But business owners are mostly producers and they see it ...
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Sydney Morning Herald
Six Words From Obama, and a Barrage in Return From the GOP
New York Times
But when President Obama sought to wield it on Friday, by calling a White House news conference to showcase his concern for the economy and Republicans' refusal to work with him, he was the one who ended up getting pummeled.
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New York Times
Spain's bank bailout will not assuage the need for strong economic measures
The Guardian
Spain's is not a tiny economy on the fringes of the continent, but the fourth largest in the eurozone. Delivering modernity and prosperity to a country that was a semi-rural backwater almost within living memory was meant to be one of the crowning ...
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The Guardian
Activists rap Romney, Obama over economy
San Francisco Chronicle
Providence, RI -- Separated at rival conferences by 1000 miles and a world of political ideology, liberal and conservative activists are finding themselves united by a deep disappointment with the nation's economy. Some of the most passionate voters ...
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China Exports and Imports Rose Sharply in May
Fox Business
By Aaron Back China's exports and imports both rose sharply in May, while inflation slowed substantially, hopeful signs for the world's second-largest economy. A series of data released over the weekend by the Chinese government present a mixed picture ...
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Campaign swings to economy
San Mateo Daily Journal
Seeking to head off any damage, Obama backpedaled and declared it is "absolutely clear that the economy is not doing fine." While there had been some "good momentum" in the private sector, Obama said, public sector growth lagged behind, ...
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Obama blames Congress for inaction on jobs while Romney calls president 'out ...
Washington Post
Laying out his economic argument at a morning news conference, Obama said that cutbacks in state and local government spending have slowed the nation's recovery and that Congress has "no excuse" for not supporting his jobs bill that would provide ...
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THE RACE: Obama suggests economic fundamentals are strong, an argument John ...
Washington Post
President Barack Obama acknowledges the outlook has darkened some, but suggests the fundamentals of the American economy are sound and will get better if voters just stand with him. That sounds a little like the argument made in 2008 by Republican ...
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As Economic Concerns Mount, President Obama Says, 'The Private Sector Is Doing ...
TIME
In context, Obama's description of the state of private sector growth did address a real feature of the current US economic growth. As he noted, the US private sector has created 4.3 million jobs over the last 27 months, on a pace that compares ...
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Economic growth stirs hope in Africa
The Independent
While ministers in Europe try to hold together crumbling economies, a success story has been quietly emerging to the south. Africa is experiencing its longest income boom for 30 years, with gross domestic product growth rates averaging about 5 per cent ...
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Full Transcript of Obama's Remarks on Economy
Wall Street Journal (blog)
By WSJ Staff President Barack Obama made remarks on the economy Friday, and opponents latched on one comment he made — that the "private sector is doing fine" — as evidence that the president was ill-equipped to fix the economy and create jobs at a ...
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Obama pins recovery hopes on Europe's leaders
Reuters
By Alister Bull and Caren Bohan | WASHINGTON (Reuters) - President Barack Obama, beset by a faltering economic recovery five months before he seeks re-election, said on Friday European leaders must act urgently to resolve the region's financial crisis ...
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MONEY WEEK AHEAD: Mixed Fed Remarks Put Onus on Data
Wall Street Journal
By Cynthia Lin A set of economic indicators due out in the coming week will take on heightened importance as little policy guidance from the Federal Reserve in recent days has investors unsure of whether more stimulus measures will be taken.
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Mitt blasts Bam over economy assessment with 12.7M jobless
New York Post
By SA MILLER Post Correspondent President Obama yesterday delivered the mind-boggling assessment that the US economy's private sector was "fine" even as a staggering 12.7 million Americans remain unemployed. The president blurted out that inexplicably ...
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China Inflation Falls As Economy Stalls
Forbes
... and fiscal easing given the government remains resourceful." China lowered its benchmark lending rate by 25 basis points last week, surprising the market and showcasing government concern that the economic slowdown might be bigger than it intended.
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President talks Eurozone and economy
msnbc.com
yeah, i mean, just a lot more of the same. i think it's three years too late. he hadn't been talking about the economy for the first three years of the presidency and now trying to cram it in before the election is disingenuous. he's going to have ...
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London 2012: Where's the lasting economic legacy?
The Independent
Yet the 12-year ban on the mostly British firms even mentioning on websites that they have supplied construction equipment, plumbing or plastic seating makes a mockery of claims by David Cameron that the Olympics will deliver a "lasting economic legacy ...
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