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Oman needs to slash spending to keep budget sustainable - IMF
Reuters* Fiscal sustainability becomes significant challenge * Spending restraint, higher non-oil income needed * Cuts in fuel subsidies necessary * Budget break-even oil price seen at $120/barrel by 2018 * Oman should issue T-bills, set up govt issuance...Tags: Petroleum Industry, Qaboos bin Said al Said, International Monetary Fund, Budgets and Budgeting, Energy Saving
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Stop the deficit extremists
The U.S. economy is improving, yet Congress seems still to be in the grip of the delirium that shrinking the deficit in the near term is still a matter of paramount urgency. That's what's prevented lawmakers from dealing with their real task, which is...
Tags: American Enterprise Institute, U.S. Congress, Budgets and Budgeting, Chuck Hagel, Public Finance
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LETTER: State Going Backwards Economically
Today, we learned that the GDP "grew" last year in Connecticut by -0.1 percent [June 7, Page 1, "Back-To-Back Tough Years"]. We were the only state with negative GDP growth. Connecticut continues to be last on the good lists and first on the bad lists.... -
Sluggish Brazil economy erodes Rousseff's popularity
Reuters* Approval rating slips from 57 pct to 54 pct -CNT poll * Rising inflation a worry even amid tepid growth * Second poll in a week showing Rousseff less popular By Peter Murphy and Carl Patchen BRASILIA, June 11 (Reuters) - Growing pessimism over...Tags: Dilma Rousseff, Prices, Luiz Inacio Lula da Silva, Brasilia (Brazil), Inflation and Deflation
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U.S. wholesale inventories rise mildly, auto stocks surge
ReutersWASHINGTON, June 11 (Reuters) - U.S. wholesale inventories rose modestly in April, the latest suggestion that restocking will not be much of a boost to economic growth in the second quarter. The Commerce Department said on Tuesday wholesale inventories...Tags: Gross Domestic Product, Inventories
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Mortgage debt catches up with the Netherlands
WEESP, Netherlands — The Dutch dream isn't that different from the American one. Nor is the nightmare that many people have woken up to. Hundreds of thousands of residents rushed to buy homes in the Netherlands as property values rocketed in the...Tags: Services and Shopping, Real Estate Sellers, Mortgages, Amsterdam (Netherlands), Finance
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49 states enjoyed GDP growth last year, study says
All states in the U.S., with the exception of Connecticut, saw growth in gross domestic product last year, a new study says. Leading the way was North Dakota, where a wealth of oil fueled by fracking in the Bakken Shale has led to boom times and a 13.4%...
Tags: Dannel P. Malloy , Gross Domestic Product
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Illinois GDP up 1.9% in 2012
Tribune staff reporterEconomic activity in Illinois rose by 1.9 percent last year, a pace slower than the Great Lakes region and the country overall, according to the Bureau of Economic Analysis. Illinois ranked 26 out of the 50 states in real gross domestic product growth....Tags: Gross Domestic Product
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India's stubborn retail inflation may spoil rate cut hopes
ReutersNEW DELHI (Reuters) - India's consumer inflation likely eased for the third straight month in May but remained high enough to be a headache for the central bank, which is under pressure to cut rates again next week after headline wholesale inflation...Tags: Petroleum Industry, Sports, Consumers, Credit Ratings, Central Bank
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SD officials say state GDP up 1.9 percent in 2012
PIERRE, S.D. (AP) — South Dakota officials say a preliminary estimate indicates that the state's gross domestic product rose by 1.9 percent last year. GDP statistics are released by the U.S. Commerce Department as a measure of comprehensive...Tags: Politics, Gross Domestic Product, Executive Branch, Government
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|Story
Jun 12, 2013
|Story| Reuters
Jun 11, 2013
|Column| Los Angeles Times
Jun 11, 2013
|Story| Hartford Courant
Jun 11, 2013
|Story| Reuters
Jun 11, 2013
|Story| Reuters
Jun 11, 2013
|Story| Reuters
Jun 8, 2013
|Story| Los Angeles Times
Jun 10, 2013
|Story| Los Angeles Times
Jun 11, 2013
|Story| Chicago Tribune
Jun 11, 2013
|Story| Reuters
Jun 10, 2013
|Story| Aberdeen News
Jun 10, 2013
|Story| Reuters
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