Provides the latest RSS feeds for Economics News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page industriesnews.net http://www.industriesnews.net/economics/&cid=22 en-us Mon, 20 May 2013 23:06:02 -0400 Mon, 20 May 2013 23:06:02 -0400 30 NEW DELHI - India and China Monday played down a recent border stand-off and agreed to maintain peace along their disputed boundary as well as boost economic relations. Chinese Prime Minister Li Keqiang, who decided to make India the first stop of his maiden foreign jaunt as premier, stressed that the population of the two nations comprised one third of the world. Both countries have seen ... http://www.industriesnews.net/story?sid=s214643758&cid=22 Mon, 20 May 2013 18:19:57 -0400 http://www.industriesnews.net/story?sid=s214643758 Bank of England Governor Mervyn King said in a television interview that Britain's economy had achieved "only a modest recovery". "We are seeing a recovery. It's only a modest recovery, and we certainly can't be satisfied with it," the outgoing central bank governor King said in an interview with the Sky News' Murnaghan programme Sunday. "We will need to do more to use up the spare capacity and ... http://www.industriesnews.net/story?sid=s214626027&cid=22 Mon, 20 May 2013 04:00:02 -0400 IANS http://www.industriesnews.net/story?sid=s214626027 There's no official figure to determine its role in the Cameroonian economy but there is evidence that the "call box" business is a booming informal business in the country's mobile telephone sector. The informal business, practised by thousands of Cameroonians in both in the urban and rural areas, entails one getting a mobile phone and a table in an open area on a street, reports Xinhua. This ... http://www.industriesnews.net/story?sid=s214623495&cid=22 Mon, 20 May 2013 00:40:01 -0400 IANS http://www.industriesnews.net/story?sid=s214623495 MOSCOW, May 21 (RIA Novosti) - Russia "has all chances" to avoid economic recession, and the Russian government is doing its best to prevent it, Russian Prime Minister Dmitry Medvedev said in an interview published on Tuesday. The Russian prime minister said in an interview with the Komsomolskaya Pravda daily that the global economy was on the verge of recession at the moment, so ... http://www.industriesnews.net/story?sid=s214651263&cid=22 Mon, 20 May 2013 21:34:51 -0400 RIA Novosti http://www.industriesnews.net/story?sid=s214651263 Inflation in China continues to rise and affect visitors, while the central government attempts to curb demand and stabilise prices. China’s emergence into the western trading world, the strain on developing infrastructure and the increased cost of living has driven inflation, according to Wendy Wu Tours managing director Alan Alcock said. Throughout China there have been increases to ... http://www.industriesnews.net/story?sid=s214650148&cid=22 Mon, 20 May 2013 20:36:26 -0400 Travel Blackboard http://www.industriesnews.net/story?sid=s214650148 About 45,700 New Zealanders left the country for Australia in the year ended April 30. Photo / NZH The number of New Zealanders quitting this country for a better life across the Tasman slowed to its smallest monthly pace in almost three years, as the local economic prospects start overshadowing Australia's. Seasonally adjusted, almost 2,000 more people left New Zealand for ... http://www.industriesnews.net/story?sid=s214650149&cid=22 Mon, 20 May 2013 20:29:43 -0400 New Zealand Herald http://www.industriesnews.net/story?sid=s214650149 Apple executives are set to defend the company's tax practices and call for corporate tax reform on Capitol Hill Tuesday amid harsh criticism following a Senate ... http://www.industriesnews.net/story?sid=s214650150&cid=22 Mon, 20 May 2013 20:28:33 -0400 CNN Money http://www.industriesnews.net/story?sid=s214650150 The Federal Reserve Bank of Cleveland has approved an application by Ohio Valley Bank, Gallipolis, Ohio, to become a member of the Federal Reserve System. Ohio Valley Bank President and CEO Tom Wiseman commented, "I congratulate the employees of Ohio Valley Bank for achieving this milestone in the bank's history. This membership opens up the opportunity for Ohio Valley Bank to ... http://www.industriesnews.net/story?sid=s214648924&cid=22 Mon, 20 May 2013 19:25:42 -0400 Hispanic Business Magazine http://www.industriesnews.net/story?sid=s214648924 To politicize economic issues, or to take advantage of economic problems for political ends, is a no-win approach, as it will undermine the economic success of Hong Kong. Politicians are opportunists, and look for instruments for their political ends. This is true all over the world. Unfortunately, some politicians in Hong Kong also take such an attitude. Political goals tend to be short term, ... http://www.industriesnews.net/story?sid=s214648955&cid=22 Mon, 20 May 2013 19:21:41 -0400 China Daily http://www.industriesnews.net/story?sid=s214648955 By David Lawder WASHINGTON | Mon May 20, 2013 6:55pm EDT WASHINGTON (Reuters) - The government added $306 billion in new debt during a four-month suspension of the federal borrowing limit, the Treasury Department said on Monday, but there was no sign on Capitol Hill of any movement toward a budget compromise. As of Friday, the last business day before the debt limit was officially reset ... http://www.industriesnews.net/story?sid=s214648956&cid=22 Mon, 20 May 2013 18:55:40 -0400 Reuters http://www.industriesnews.net/story?sid=s214648956 Despite the hike in wholesale prices for beef, retailers have been slowly inching prices higher to avoid sticker shock. (Brett Gundlock For The Globe and ... http://www.industriesnews.net/story?sid=s214643876&cid=22 Mon, 20 May 2013 18:26:28 -0400 Globe and Mail http://www.industriesnews.net/story?sid=s214643876 - As the global agricultural sector is faced with ever-greater challenges, the question of how to reform and improve the sector is a controversial and difficult one. So Terra Futura, a three-day exhibition and conference on agricultural good practises held annually in Florence, brought the debate back to its roots: ... http://www.industriesnews.net/story?sid=s214643857&cid=22 Mon, 20 May 2013 18:19:03 -0400 IPS http://www.industriesnews.net/story?sid=s214643857 There is an upside to this downbeat assessment, though. "New Zealand showed the greatest improvement from the 2011 study, rising from a D- to a C- because of positive regulatory changes and an encouraging expansion of disclosure requirements," the Morningstar study says. Despite this most-improved prize, the C- ranking still probably feels unjust to the more sensitive local fund ... http://www.industriesnews.net/story?sid=s214643877&cid=22 Mon, 20 May 2013 18:10:11 -0400 New Zealand Herald http://www.industriesnews.net/story?sid=s214643877 Apple executives are set to defend the company's tax practices and call for corporate tax reform that would allow it to bring some of the billions of dollars in cash it has overseas back to the ... http://www.industriesnews.net/story?sid=s214643843&cid=22 Mon, 20 May 2013 18:09:07 -0400 Fortune http://www.industriesnews.net/story?sid=s214643843 President Barack Obama talks about the need for Congress to ensure taxes don't go up for the majority of Americans next year, while in the Eisenhower Executive Office Building on the White House complex in Washington, August 3, ... http://www.industriesnews.net/story?sid=s214643826&cid=22 Mon, 20 May 2013 18:04:11 -0400 Reuters http://www.industriesnews.net/story?sid=s214643826 The New Zealand dollar rose as the greenback weakened on trader bets that Federal Reserve Chairman Ben Bernanke on Wednesday may say he is still cautious about the pace of recovery in the world's largest economy. The kiwi rose to 81.72 US cents from 81.20 cents at the 5pm market close yesterday. The trade-weighted index gained to 76.98 from 76.65 yesterday. The Dollar Index, a ... http://www.industriesnews.net/story?sid=s214643867&cid=22 Mon, 20 May 2013 17:25:28 -0400 New Zealand Herald http://www.industriesnews.net/story?sid=s214643867 Mon May 20, 2013 5:18pm EDT (Reuters) - San Francisco Federal Reserve President John Williams did not comment on the outlook for the U.S. economy or monetary policy in an address on Monday to students graduating from the University of California, Berkeley. Although the U.S. economy is still recovering from its worst downturn since the Great Depression, Williams told graduating economics majors at ... http://www.industriesnews.net/story?sid=s214643878&cid=22 Mon, 20 May 2013 17:18:42 -0400 Reuters http://www.industriesnews.net/story?sid=s214643878 St Stephen 's college has some good news for students hoping to get admission in Economics this year. The college has decided to re-appropriate the ... http://www.industriesnews.net/story?sid=s214642581&cid=22 Mon, 20 May 2013 17:03:43 -0400 General Sources http://www.industriesnews.net/story?sid=s214642581 By Jason Lange WASHINGTON (Reuters) - The International Monetary Fund on Monday said the United States was getting carried away with a government austerity drive, offering some of the institution's bluntest criticism yet of Washington's rush to ... http://www.industriesnews.net/story?sid=s214642527&cid=22 Mon, 20 May 2013 17:00:22 -0400 Reuters http://www.industriesnews.net/story?sid=s214642527 Ketamine, a drug also known as Special K or K, may have some untapped benefits for people suffering from treatment-resistant depression. A clinical trial presented on May 20 at ... http://www.industriesnews.net/story?sid=s214642584&cid=22 Mon, 20 May 2013 16:54:42 -0400 CBS News http://www.industriesnews.net/story?sid=s214642584 By Ann Saphir CHICAGO | Mon May 20, 2013 4:29pm EDT CHICAGO (Reuters) - The Federal Reserve could continue full-speed ahead on its bond-buying program through the summer, but end it abruptly in the autumn if by then it is confident that the improvement in the jobs outlook is here to stay, a top Fed official said on Monday. "We've seen good progress in the labor market ... http://www.industriesnews.net/story?sid=s214642582&cid=22 Mon, 20 May 2013 16:29:11 -0400 Reuters http://www.industriesnews.net/story?sid=s214642582 By Bill Cotterell TALLAHASSEE | Mon May 20, 2013 4:24pm EDT TALLAHASSEE (Reuters) - Florida Governor Rick Scott signed the largest budget in his state's history on Monday while vetoing a college tuition increase and axing $368 million in projects he said did not meet his Republican criteria of job creation, education improvement and holding down the cost of government. Scott, who ... http://www.industriesnews.net/story?sid=s214642583&cid=22 Mon, 20 May 2013 16:24:13 -0400 Reuters http://www.industriesnews.net/story?sid=s214642583 Link to video: Tim Peake to become first official British astronaut to visit International Space Station There is the urge to explore the endless heavens, there are the mysteries of the starry cosmos to solve, but above all there is the faltering economy to revive.Of all the reasons nations give for sending their citizens ... http://www.industriesnews.net/story?sid=s214641278&cid=22 Mon, 20 May 2013 16:10:37 -0400 Guardian http://www.industriesnews.net/story?sid=s214641278 Email article More government action is needed to address high unemployment and a widening income gap for Pacific people according to a Salvation Army report, ';More Than Churches, Rugby and Festivals';. The report claimsPacific people now have the highest unemployment, the lowest incomes and a widening income gap that could mean they’re left behind when the economy ... http://www.industriesnews.net/story?sid=s214641376&cid=22 Mon, 20 May 2013 15:47:18 -0400 CathNews NZ http://www.industriesnews.net/story?sid=s214641376 Silver hit a 2-1/2 year low on Monday, prompted by heavy fund liquidation in Asian trade, while gold was on track for its longest run of losses since March 2009 weighed by speculation that the U.S. Federal Reserve might rein in its economic stimulus programme.Investors have been dumping gold and silver, which are down 20 per cent and 30 per cent respectively this year, while stocks and the dollar ... http://www.industriesnews.net/story?sid=s214639965&cid=22 Mon, 20 May 2013 15:15:17 -0400 Globe and Mail http://www.industriesnews.net/story?sid=s214639965 - "It was dark and hot with choking dust all around. The air was filled with the smell of decomposing corpses," recalled Nasima, a 24-year-old factory worker who spent four days buried under the rubble of an eight-storey building that collapsed in a suburb of Bangladesh's capital Dhaka last ... http://www.industriesnews.net/story?sid=s214639966&cid=22 Mon, 20 May 2013 15:07:32 -0400 IPS http://www.industriesnews.net/story?sid=s214639966 My girlfriend of several years and I broke up about six months ago. She and I had a fantastic relationship, but her work forced her to temporarily relocate abroad, and the trials of distance just proved to be too much for us. When she came back this past February, we continued to see a lot of each other. Jointly, we decided about a week ago to give getting back together a shot and everything ... http://www.industriesnews.net/story?sid=s214639967&cid=22 Mon, 20 May 2013 14:52:36 -0400 General Sources http://www.industriesnews.net/story?sid=s214639967 This site uses cookies to improve performance by remembering that you are logged in when you go from page to page. To provide access without cookies would require the site to create a new session for every page you visit, which slows the system down to an unacceptable ... http://www.industriesnews.net/story?sid=s214639883&cid=22 Mon, 20 May 2013 14:48:32 -0400 Reuters http://www.industriesnews.net/story?sid=s214639883 The terrorist attacks of September 11, 2001 against the Twin Towers of the World Trade Center in New York, allegedly hit by two planes, caused misery for many people. It also caused happiness and joy for the powerful U.S. weapons and security equipment industry. Misfortunes and sufferings were only for the Americans caught in the explosion of the towers. by Welinton Naveira Silva Thousands of ... http://www.industriesnews.net/story?sid=s214639893&cid=22 Mon, 20 May 2013 14:29:08 -0400 Pravda http://www.industriesnews.net/story?sid=s214639893 Since the financial meltdown in 2008, the Federal Reserve's range of powers have expanded, as have the kinds of financial institutions it monitors and regulates. Fed Chairman Ben Bernanke is now saying that the Fed's oversight has expanded beyond strictly financial institutions to wide swaths of the economy that might, in his words, provide evidence of "emerging ... http://www.industriesnews.net/story?sid=s214638561&cid=22 Mon, 20 May 2013 14:01:04 -0400 U.S. News & World Report http://www.industriesnews.net/story?sid=s214638561 CHICAGO | Mon May 20, 2013 1:34pm EDT CHICAGO (Reuters) - The Federal Reserve has the appropriate level of monetary accommodation in place, allowing the economy to reach "escape velocity" next year, a top Fed official said on Monday. "We continue to face powerful headwinds in the fiscal situation and the global economy," Chicago Federal Reserve Bank President Charles ... http://www.industriesnews.net/story?sid=s214639968&cid=22 Mon, 20 May 2013 13:34:29 -0400 Reuters http://www.industriesnews.net/story?sid=s214639968 sharing economy has an estimated $26 billion value, including online platforms that make it easy to do everything from renting out spare rooms in your home (AirBnb) to carsharing (Zipcar), clothing swaps ... http://www.industriesnews.net/story?sid=s214638628&cid=22 Mon, 20 May 2013 13:31:26 -0400 Fast Company http://www.industriesnews.net/story?sid=s214638628 Britons should be braced for years of high inflation as the cost of living soars stubbornly ahead of wages, a leading economic forecaster warns. The Ernst & Young Item Club said persistently high inflation had knocked almost 3 percentage points off the economy over the past three years and was set to remain above the Bank of England's 2 per cent target "for the foreseeable future". The latest ... http://www.industriesnews.net/story?sid=s214639900&cid=22 Mon, 20 May 2013 13:30:12 -0400 New Zealand Herald http://www.industriesnews.net/story?sid=s214639900 (MENAFN) Bank of England (BOE) Governor, Mervyn King, stated that the country's economy is going through a recovery period, reported Xinhua News.King said that the modest recovery is not enough, stressing that the UK economy must post a comprehensive and healthy growth.The governor warned that the persistent eurozone weak growth and the government's Help to Buy scheme are the main ... http://www.industriesnews.net/story?sid=s214637119&cid=22 Mon, 20 May 2013 12:47:14 -0400 MENAFN http://www.industriesnews.net/story?sid=s214637119 (MENAFN - Qatar News Agency) Japan's government has upgraded its assessment of the Japanese economy for first time in two months, citing accelerating exports and the weakened yen. The Japanese Cabinet Office said in its monthly economic report for May that Japan's economy is picking up slowly. Last month, it said the economy was showing signs of recovery but still had some weak spots, ... http://www.industriesnews.net/story?sid=s214637121&cid=22 Mon, 20 May 2013 12:47:10 -0400 MENAFN http://www.industriesnews.net/story?sid=s214637121 China released its first comprehensive report Monday on the country's marine economy, predicting the sector will become mature by 2030.China's marine economy grew by 7.9 percent year-on-year in 2012 to 5,008 billion yuan ($815.9 billion), and accounted for 9.6 percent of the country's GDP, said the report. According to the report, China's marine fishery industry saw annual ... http://www.industriesnews.net/story?sid=s214637125&cid=22 Mon, 20 May 2013 12:44:43 -0400 Global Times http://www.industriesnews.net/story?sid=s214637125 you think about it, you're starting out in a career, you're trying to build a career, trying to buy a house, get a car, get on a pathway toward your life. if you have that overhang of debt, it harder to do that. if you have trouble getting a job, you end up in default and can't get a mortgage for many years. the challenge is for these young graduates is can they become fully ... http://www.industriesnews.net/story?sid=s214637131&cid=22 Mon, 20 May 2013 12:35:47 -0400 MSNBC http://www.industriesnews.net/story?sid=s214637131 Napa Valley, Calif . But public banking can be the antidote that will free us from our dependency on Wall Street and put monetary power in the people's hands. In short, our economy would heal and we'd all feel great. Despite its name, the Federal Reserve ... http://www.industriesnews.net/story?sid=s214637133&cid=22 Mon, 20 May 2013 12:26:29 -0400 Huffington Post http://www.industriesnews.net/story?sid=s214637133 right now in Japan and in Europe. Prime Minister Shinzo Abe has embarked on aggressive measures to stimulate Japan's long-moribund economy since he took office in December, and the result so far has been strong growth -- and, perhaps, liftoff after a triple-dip recession. Europe, on the other hand, remains mired in the muck of austerity and economic contraction. To briefly recap ... http://www.industriesnews.net/story?sid=s214637226&cid=22 Mon, 20 May 2013 12:26:20 -0400 Huffington Post http://www.industriesnews.net/story?sid=s214637226 Thailand's economy shrank 2.2 percent in the three months to March from the previous quarter - the first contraction in more than a year - as manufacturing output fell, official data showed Monday.The decline followed a blistering yearlong recovery from devastating floods in late 2011 that hit major factories north of the capital Bangkok and caused a double-digit drop in GDP.On a ... http://www.industriesnews.net/story?sid=s214635710&cid=22 Mon, 20 May 2013 11:39:21 -0400 Global Times http://www.industriesnews.net/story?sid=s214635710 Federal Reserve Chairmen Ben Bernanke As the markets reach new highs, and scandal dominates the nation's capitol, I am compelled to examine the still unresolved challenges about whether our 100 year old central bank- the Federal Reserve- will be capable of warding off another potential systemic financial crisis like the one that almost toppled the economy in 2008. And secondarily, whether ... http://www.industriesnews.net/story?sid=s214635663&cid=22 Mon, 20 May 2013 11:38:58 -0400 Forbes http://www.industriesnews.net/story?sid=s214635663 Whatever course it chooses, the Federal Reserve will have to grapple with the reality that while its policies have helped levitate stocks, they've been considerably less effective at expanding the economy. While rising equity prices help add to total growth, the stock market is not the economy. The U.S. economy, rather, is propelled by consumption, which accounts for about 70 percent ... http://www.industriesnews.net/story?sid=s214635644&cid=22 Mon, 20 May 2013 11:36:56 -0400 CNBC http://www.industriesnews.net/story?sid=s214635644 CNBC's Jim Cramer explains why Yahoo is "desperate' to become part of the technical "firmament." Stocks were narrowly mixed Monday, as investors seemed to take a breather after major averages finished higher for the fourth-consecutive week and amid ongoing concerns ... http://www.industriesnews.net/story?sid=s214635620&cid=22 Mon, 20 May 2013 11:31:24 -0400 MSNBC http://www.industriesnews.net/story?sid=s214635620 Although inflation-indexed bonds prove beneficial during times of high inflation, they underperform when the economy goes through a deflationary ... http://www.industriesnews.net/story?sid=s214634319&cid=22 Mon, 20 May 2013 10:14:18 -0400 Times of India http://www.industriesnews.net/story?sid=s214634319 Investors' interest and confidence in the Nigerian economy is surging, Minister of State for Finance, Dr. Yerima Lawan Ngama has disclosed. Citing 14 million hits and download of data from the website of the Nigerian Federal Office of Statistics, FOS, as a pointer, the minister observed too, that the percentage of non-filers in Nigeria of companies income tax regime declined from 54 per cent ... http://www.industriesnews.net/story?sid=s214634261&cid=22 Mon, 20 May 2013 10:12:21 -0400 All Africa http://www.industriesnews.net/story?sid=s214634261 DSM 5 - was published over the weekend. Produced by the American Psychiatric Association, it describes the symptoms of a vast range of mental illnesses and is intended as a guide to diagnosis.Why should we in the UK care? Simple: the political dominance of the US means that as soon as a mental disorder is named in the DSM, that disorder becomes valid in the eyes of many.But not everyone is a fan. ... http://www.industriesnews.net/story?sid=s214633167&cid=22 Mon, 20 May 2013 09:33:29 -0400 The Guardian http://www.industriesnews.net/story?sid=s214633167 Premier Li Keqiang said at a State Council meeting that there was no longer much space left for economic stimulus. That symbolizes the thinking of the new administration, says an article in The Economic Observer (excerpts ... http://www.industriesnews.net/story?sid=s214633168&cid=22 Mon, 20 May 2013 09:30:37 -0400 China Daily http://www.industriesnews.net/story?sid=s214633168 LONDON (MarketWatch) - For months, European central bankers have been warning of dislocation between financial markets and the real economy. No one has paid much notice, with equities proceeding to new highs on hopes of ever-more central banking easing, coinciding with a continuing run of poor data confirming the miserable state of the euro-area ... http://www.industriesnews.net/story?sid=s214633109&cid=22 Mon, 20 May 2013 09:16:47 -0400 Market Watch http://www.industriesnews.net/story?sid=s214633109 If that's not enough for you, feel free to surf around for more troubling macro data. But rather than just spit out the figures,I'll focus on specific stocks and sectors that are at risk to help you protect your ... http://www.industriesnews.net/story?sid=s214633108&cid=22 Mon, 20 May 2013 09:16:45 -0400 Market Watch http://www.industriesnews.net/story?sid=s214633108 GRAND RAPIDS, Mich. - Greg Brown "can't claim to be a super connoisseur" of craft beers, but he does like to think he knows more than a little about the subject, and he has been a fan of Michigan brewers such as Founders Brewing and New Holland Brewing for a while now. Still, the 26-year-old Ferndale, Mich., resident was taken aback in February when he made his first trip to Grand ... http://www.industriesnews.net/story?sid=s214631926&cid=22 Mon, 20 May 2013 08:36:30 -0400 Miami Herald http://www.industriesnews.net/story?sid=s214631926 Mon May 20, 2013 8:05am EDT (Repeat for additional subscribers) May 20 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings says the performance of the four Spanish credit cooperatives rated by Fitch has remained resilient, supported by their strong regional franchises, focused on rural areas. They also benefit from adequate capitalisation, a stable deposit base, ... http://www.industriesnews.net/story?sid=s214631999&cid=22 Mon, 20 May 2013 07:57:45 -0400 Reuters http://www.industriesnews.net/story?sid=s214631999 MOSCOW, May 20 (RIA Novosti) – Russia will need from three to five years to exit stagnation and build an efficient economy, former Finance Minister Alexei Kudrin said on Monday. "Even if we roll up our sleeves and set to work right now, we’ll need from three to five years to achieve new elements of efficiency," Kudrin said at an Open Tribune meeting held by the State Duma, ... http://www.industriesnews.net/story?sid=s214630873&cid=22 Mon, 20 May 2013 07:27:00 -0400 RIA Novosti http://www.industriesnews.net/story?sid=s214630873 Mon May 20, 2013 7:26am EDT (Reuters) - While the Federal Reserve's accommodative policies have boosted stocks and helped the rich, it is unclear whether they are doing enough for the broader U.S. economy, a top central bank official said on Monday. "We've made rich people richer...," Dallas Fed President Richard Fisher said on CNBC television. "Question is what have we done ... http://www.industriesnews.net/story?sid=s214632000&cid=22 Mon, 20 May 2013 07:26:50 -0400 Reuters http://www.industriesnews.net/story?sid=s214632000 Already early this year, the Seychelles economy showed it had recovered from last year's recession through tough reform programmes. Now, new figures show the Indian Ocean state is entering a ... http://www.industriesnews.net/story?sid=s214630935&cid=22 Mon, 20 May 2013 07:07:29 -0400 afrol News http://www.industriesnews.net/story?sid=s214630935 The housing market is slowing. Consumer debt levels are sky high. But don't count Canada's banks out yet.For the past few quarters, the banks faced the same headwinds, but every three months analysts and investors were pleasantly surprised with their results.So this earnings season, ... http://www.industriesnews.net/story?sid=s214629326&cid=22 Mon, 20 May 2013 06:45:51 -0400 Globe and Mail http://www.industriesnews.net/story?sid=s214629326 The killer tsunami that battered the Maldives has forced the postponement of parliamentary elections, the government said Tuesday, warning the atoll island nation's tourist-based economy would be hit hard by the disaster.Chief government spokesperson Ahmed Shaheed said the economic damage to the atoll island nation was estimated at more than 1.3 billion dollars, or twice the tiny Indian ... http://www.industriesnews.net/story?sid=s214629257&cid=22 Mon, 20 May 2013 06:15:51 -0400 Space Daily http://www.industriesnews.net/story?sid=s214629257 Greece is in need of radical reforms to its pension system if it is to cease being a burden on longer-term fiscal sustainability, and to prevent a rise in pension costs that would otherwise see these accounting for more than 20 per cent of GDP by 2050, warns the Organisation for Economic Co-operation and Development (OECD). In ... http://www.industriesnews.net/story?sid=s214629265&cid=22 Mon, 20 May 2013 06:11:08 -0400 European Pensions http://www.industriesnews.net/story?sid=s214629265 Soaring Markets, Troubled Economies. Towards a Global Financial Downfall? - article code 85258080768 CH, international bp spain holdings news ... http://www.industriesnews.net/story?sid=s214628451&cid=22 Mon, 20 May 2013 05:33:38 -0400 Wall Street Journal http://www.industriesnews.net/story?sid=s214628451 Although inflation-indexed bonds prove beneficial during times of high inflation, they underperform when the economy goes through a deflationary ... http://www.industriesnews.net/story?sid=s214628426&cid=22 Mon, 20 May 2013 05:24:47 -0400 Times of India http://www.industriesnews.net/story?sid=s214628426 stroke , according to research published in Stroke: Journal of the American Heart Association. In a 12-year Australian study of 10,547 women 47-52 years old, researchers found that depressed women had a 2.4 times increased risk of stroke compared to those who weren't depressed. Even after researchers eliminated several factors that increase stroke risks, depressed women were still 1.9 ... http://www.industriesnews.net/story?sid=s214626910&cid=22 Mon, 20 May 2013 04:49:58 -0400 Medical News Today http://www.industriesnews.net/story?sid=s214626910 Cross-border UCITS in Europe suffered in 2008 due to the financial crisis, with EUR 20.8bn of total net outflows sourced in Europe. The European Fund and Asset Management Association (EFAMA) published the results of its second survey on cross-border UCITS’s success in Europe, Asia and other parts of the world, questioning 22 fund groups with combined assets of EUR 472bn invested in ... http://www.industriesnews.net/story?sid=s214626912&cid=22 Mon, 20 May 2013 04:22:34 -0400 European Pensions http://www.industriesnews.net/story?sid=s214626912 The prospects for the Swiss economy have changed marginally in the latest Financial Market Test Switzerland, conducted by Credit Suisse in cooperation with the Centre for European Economic Research (ZEW). The Credit Suisse ZEW indicator of economic expectations crawled up by a mere 0.6 points to the -57.1 mark, and 65.3 per cent of financial market experts forecast further deterioration of ... http://www.industriesnews.net/story?sid=s214626835&cid=22 Mon, 20 May 2013 04:22:30 -0400 European Pensions http://www.industriesnews.net/story?sid=s214626835 The Swiss economy is set to slide into recession in 2009, predict experts at Credit Suisse. Switzerland’s real economy finally felt the full force of the financial crisis in late 2008. Previous to this, the country had held up considerably better than that of other industrialised nations, but economists fear that Switzerland’s gross domestic product (GDP) could decline by 0.6 ... http://www.industriesnews.net/story?sid=s214626838&cid=22 Mon, 20 May 2013 04:22:20 -0400 European Pensions http://www.industriesnews.net/story?sid=s214626838 The Swiss economy is expected to neither boom nor go bust in 2009, according to economists at Credit Suisse. Thus far, the Swiss economy has proven to be robust, and although the current economic climate has had a negative impact on perception, it has had little reflection in the economic data. Economists say that the Swiss economy, despite seeing economic growth below its potential, will ... http://www.industriesnews.net/story?sid=s214626844&cid=22 Mon, 20 May 2013 04:22:00 -0400 European Pensions http://www.industriesnews.net/story?sid=s214626844 The widely-watched Kids Count annual survey on the state of America's children shows gains in health and education despite the poor economy. But advocates say raised poverty rates merit more attention from ... http://www.industriesnews.net/story?sid=s214626857&cid=22 Mon, 20 May 2013 04:20:58 -0400 Christian Science Monitor http://www.industriesnews.net/story?sid=s214626857 GDP growth in Gabon 2003 to 2013 (blue line) is dependent on non-oil sector growth (red) as oil revenues (green) decline. This pessimistic 2009 forecast has now been adjusted ... http://www.industriesnews.net/story?sid=s214626866&cid=22 Mon, 20 May 2013 04:19:40 -0400 afrol News http://www.industriesnews.net/story?sid=s214626866 BANGKOK (AFP) - Thailand's economy shrank 2.2 percent in the three months to March from the previous quarter -- the first contraction in more than a year -- as manufacturing output fell, official data showed on Monday.The decline followed a blistering year-long recovery from devastating floods in late 2011 that hit major factories north of the capital Bangkok and caused a double-digit drop ... http://www.industriesnews.net/story?sid=s214626064&cid=22 Mon, 20 May 2013 04:01:02 -0400 West Australian http://www.industriesnews.net/story?sid=s214626064 inflation was here to stay.The Ernst & Young Item Club, which uses the Treasury's model of the UK economy for its forecasts, estimates that persistently high inflation has already knocked almost 3% off UK growth in the last three years.It expects inflationary pressures to peak over the summer and said it is unlikely the CPI measure will dip below 2.5% over the next four years.While the ... http://www.industriesnews.net/story?sid=s214626060&cid=22 Mon, 20 May 2013 03:53:02 -0400 Guardian http://www.industriesnews.net/story?sid=s214626060 BY TOM ORLIK AND ESTHER FUNG Surging credit has kept China's real-estate sector humming despite a renewed attempt by the government to bring prices under control, supporting short-term economic growth but risking a destabilizing decline in prices down the line. Average house prices rose 4.3% from a year earlier in April after gaining 3.1% in March, according to The Wall Street ... http://www.industriesnews.net/story?sid=s214626092&cid=22 Mon, 20 May 2013 03:44:14 -0400 Wall Street Journal http://www.industriesnews.net/story?sid=s214626092 Specifically, building a successful shoe manufacturing business that creates jobs, empowers employees, like the one she founded -- SoleRebels, the first ever global footwear company to come out of a developing country. "You don't build your economy based on aid, you want to build your economy based on the way SoleRebels built its business, so that it's sustainable," Bethlehem ... http://www.industriesnews.net/story?sid=s214625078&cid=22 Mon, 20 May 2013 02:57:09 -0400 The China Post http://www.industriesnews.net/story?sid=s214625078 Workers lay solar panels on a roof at Nanjing South Railway Station. China is giving attention to reducing energy consumption in industrial production. Dong Jinlin / for China DailyThe Chinese government will double its investment in the circular economy this year to 2 billion yuan ($300 million) to support the national policies of energy conservation and emission reduction, a senior official ... http://www.industriesnews.net/story?sid=s214625122&cid=22 Mon, 20 May 2013 02:31:31 -0400 People's Daily http://www.industriesnews.net/story?sid=s214625122 China's economy is expected to head toward a gradual slowdown in the second half of this year, as the central government has stated that it will retain its current mix of tightened economic policies.Top officials from the Political Bureau of the CPC Central Committee agreed at a Friday meeting that the country will stick to its proactive fiscal policies in the second half of this year, with ... http://www.industriesnews.net/story?sid=s214625090&cid=22 Mon, 20 May 2013 02:31:30 -0400 People's Daily http://www.industriesnews.net/story?sid=s214625090 Mon May 20, 2013 2:19am EDT (Repeats Saturday story without changes) By Wojciech Zurawski RYTRO, Poland May 18 (Reuters) - There is little chance that consumer inflation in Poland will quickly return to the central bank's 2.5 percent target, a Monetary Policy Council member said on Saturday, leaving scope for further monetary easing. Jerzy Hausner, one of the central bank's 10 ... http://www.industriesnews.net/story?sid=s214625121&cid=22 Mon, 20 May 2013 02:19:44 -0400 Reuters http://www.industriesnews.net/story?sid=s214625121 TOKYO, May 20 (Reuters) - The Nikkei share average surged to a fresh 5-1/2 year high on Monday, buoyed by further weakness in the yen and as the Japanese government raised its assessment of the economy in May for the first time in two months. Signs of an improving U.S. economy and Wall Street's record closing high on Friday cemented the positive mood. The Nikkei climbed 1.5 percent to ... http://www.industriesnews.net/story?sid=s214625084&cid=22 Mon, 20 May 2013 02:09:52 -0400 Reuters http://www.industriesnews.net/story?sid=s214625084 Inflation in Britain will peak over the summer and remain well above 2 percent - the target set by the U.K's Chancellor - for the foreseeable future, Ernst & Young warned on Monday. A report by the company's economic forecasting group, the ITEM Club, said high inflation will remain a "permanent fixture" of the U.K. economy. "Base effects are likely to send consumer ... http://www.industriesnews.net/story?sid=s214624510&cid=22 Mon, 20 May 2013 02:05:29 -0400 CNBC http://www.industriesnews.net/story?sid=s214624510 WASHINGTON (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net spending programs appear to be ... http://www.industriesnews.net/story?sid=s214624483&cid=22 Mon, 20 May 2013 01:51:07 -0400 Reuters http://www.industriesnews.net/story?sid=s214624483 Property prices continued to rise last month in China, defying policymakers who have sought to cool the housing market while preserving robust economic ... http://www.industriesnews.net/story?sid=s214624220&cid=22 Mon, 20 May 2013 01:17:09 -0400 Local 10 http://www.industriesnews.net/story?sid=s214624220 SNOHOMISH — The Bainbridge Spartans knew they needed a little luck or an early break. They have traveled this way before. That battle-tested attitude was rewarded and Will Economy registered a hat trick as Bainbridge turned back Glacier Peak 4-1 in the Class 3A state quarterfinals at Snohomish High School. The Spartans (12-4), who were the Class 3A state runners-up in 2011 before winning ... http://www.industriesnews.net/story?sid=s214623842&cid=22 Mon, 20 May 2013 01:10:06 -0400 The Seattle Times http://www.industriesnews.net/story?sid=s214623842 About 80% of the people surveyed by Bankrate.com, said they have not increased their discretionary spending in response to falling gas prices this ... http://www.industriesnews.net/story?sid=s214623857&cid=22 Mon, 20 May 2013 01:08:14 -0400 Fortune http://www.industriesnews.net/story?sid=s214623857 By Masayuki Kitano SINGAPORE (Reuters) - The yen edged higher on Monday after Japan's economics minister said further weakness in the yen could harm households, while Asian shares rose in response to U.S. equities rallying on upbeat economic data. The dollar fell to as low as 102.00 yen earlier on Monday, pulling away from Friday's high of 103.32 yen, the greenback's highest ... http://www.industriesnews.net/story?sid=s214623869&cid=22 Mon, 20 May 2013 01:06:40 -0400 General Sources http://www.industriesnews.net/story?sid=s214623869 Paris, May 20 (Prensa Latina) With the country in recession and the constant increase of unemployment, currently affecting over 3.22 million people, most French are unhappy with the performance of Minister of Economy and Finances, Pierre Moscovici, according to a survey released by Journal du Dimanche. At least 70 percent of people polled disapproved of the ... http://www.industriesnews.net/story?sid=s214623269&cid=22 Mon, 20 May 2013 00:28:45 -0400 Prensa Latina http://www.industriesnews.net/story?sid=s214623269 File photo / Thinkstock Primary Industries Minister Nathan Guy says he is optimistic Chinese bureaucratic blockade of New Zealand lamb and beef imports will end soon but acknowledges he still doesn't know why the meat is being shunned. A substantial but as yet unquantified amount of New Zealand lamb mutton and beef is currently stuck in containers in ports across China after ... http://www.industriesnews.net/story?sid=s214623302&cid=22 Mon, 20 May 2013 00:17:16 -0400 New Zealand Herald http://www.industriesnews.net/story?sid=s214623302 Around 1.12 billion Bangladeshi taka (US$14.21 million) is being transacted through mobile banking services in Bangladesh every day on an average, helping the economy grow further by transferring money from urban to rural areas, Bangladesh Bank Governor Atiur Rahman said yesterday.Banks have been providing mobile financial services to 5 million people through around 7,000 agents across the ... http://www.industriesnews.net/story?sid=s214622736&cid=22 Sun, 19 May 2013 23:28:51 -0400 Asia News Network http://www.industriesnews.net/story?sid=s214622736 The global economy has about a decade to embark on structural and fiscal reforms. If it does not, it runs the risk of economic stagnation, said Singapore deputy prime minister Tharman Shanmugaratnam. Speaking at the CFA Institute's annual conference on Monday, Tharman, who is also the the finance minister, said that there has been too much reliance on central bank so far. While monetary ... http://www.industriesnews.net/story?sid=s214622737&cid=22 Sun, 19 May 2013 23:28:26 -0400 Asia News Network http://www.industriesnews.net/story?sid=s214622737 Certainly, we are living in interesting times. The baht suddenly became a market darling early this year - attracting massive flows from foreign investors, easily outpacing other regional currencies, becoming one of the best performing currencies in the world, and strengthening against the US dollar to levels not seen since 1997. It was in 1997 that the baht was forced off its fixed exchange ... http://www.industriesnews.net/story?sid=s214622756&cid=22 Sun, 19 May 2013 23:28:10 -0400 Asia News Network http://www.industriesnews.net/story?sid=s214622756 Of those working in property and construction, 63 per cent said they were likely to look for a new job in the next year. Photo/ Northern Advocate More than half of the workers in an employment survey are planning to look for a new job in the next year. According to a survey from recruitment firm Michael Page, 56 per cent of those questioned were "very likely" to seek a job ... http://www.industriesnews.net/story?sid=s214622304&cid=22 Sun, 19 May 2013 22:31:02 -0400 New Zealand Herald http://www.industriesnews.net/story?sid=s214622304 Sun May 19, 2013 10:22pm EDT (Repeats story issued on weekend) * China April home prices +4.9 pct on year, fastest gains since April 2011 * Month-on-month gains ease on govt curbs * New home prices rise in 67 of 70 cities vs 68 in March on month * Property tightening campaign still at critical stage-official By Xiaoyi Shao and Michael Martina BEIJING, May 18 (Reuters) - China's housing ... http://www.industriesnews.net/story?sid=s214622757&cid=22 Sun, 19 May 2013 22:22:12 -0400 Reuters http://www.industriesnews.net/story?sid=s214622757 China and India are both willing and able to foster new highlights in cooperation among Asian countries and make new engine of the world economy, Chinese Premier Li Keqiang said on Sunday."The two countries have the will, wisdom and capability to jointly nurture new bright spots in cooperation among Asian countries, create new engine of the world economy, provide huge growth potential and ... http://www.industriesnews.net/story?sid=s214621733&cid=22 Sun, 19 May 2013 21:45:25 -0400 Global Times http://www.industriesnews.net/story?sid=s214621733 Head coach Kim Mulkey and Brittney Griner of the Baylor Bears celebrate with the National Championship trophy on April 3, 2012 in Denver, ... http://www.industriesnews.net/story?sid=s214621749&cid=22 Sun, 19 May 2013 21:35:57 -0400 General Sources http://www.industriesnews.net/story?sid=s214621749 Prime Minister John Key said the Government were working hard to deliver jobs and opportunities for young Pasifika people after news Pacific people have been the worst hit in the recession in New Zealand. A report released by the Salvation Army called, More than churches, rugby and festivals, finds Pacific people have been severely hit and not have the highest unemployment, the lowest incomes and ... http://www.industriesnews.net/story?sid=s214626911&cid=22 Sun, 19 May 2013 21:09:46 -0400 New Zealand Herald http://www.industriesnews.net/story?sid=s214626911 (MENAFN) A Polish central bank official said that the country's economy may expand to around 3 percent at the end of 2014, reported Reuters.During the first quarter, the country's economy grew by 0.4 percent, the lowest level in 4 years.As for inflation, which reached 0.8 percent in April, there's a little chance that it will quickly return to the bank's 2.5 percent target, ... http://www.industriesnews.net/story?sid=s214621150&cid=22 Sun, 19 May 2013 20:57:13 -0400 MENAFN http://www.industriesnews.net/story?sid=s214621150 Fillmore and Western Railways engineer Larry Jennings checks a train before it leaves the Fillmore depot. Jennings, of Fillmore, would be affected by a loss of the railways. The railway's vintage trains draw about 50,000 to 70,000 visitors a year, helping to provide cash-strapped Fillmore with sales tax ... http://www.industriesnews.net/story?sid=s214620540&cid=22 Sun, 19 May 2013 20:11:59 -0400 Ventura County Star http://www.industriesnews.net/story?sid=s214620540 The sputtering U.S. economy seems reluctant to kick back into full recovery mode, but there are signs of improvement and many economists think that by the end of this year it could be chugging along at a healthy pace.On Friday, there was another positive sign with the release of the U.S. Conference Board's Leading Economic Index - a composite of 10 indicators - that showed a solid ... http://www.industriesnews.net/story?sid=s214620541&cid=22 Sun, 19 May 2013 20:10:29 -0400 The Globe and Mail http://www.industriesnews.net/story?sid=s214620541 Many observers expect Statistics Canada to report Wednesday that retail sales across the country rose by 0.2 per cent in March, though some expect to see a decline of 0.2 per cent. (Glenn Lowson For The Globe and ... http://www.industriesnews.net/story?sid=s214620580&cid=22 Sun, 19 May 2013 20:10:28 -0400 Globe and Mail http://www.industriesnews.net/story?sid=s214620580 /enpproperty--> People are more willing to spend on small indulgences such as cosmetics Fang Jinqi, 32, said the most urgent thing for her at the moment is to develop a more thrifty lifestyle because her job as a property agent business is stagnating. The big fan of Hermes bags who used to buy a new one almost every two months said she has not done so for at least six months. To make up ... http://www.industriesnews.net/story?sid=s214620547&cid=22 Sun, 19 May 2013 20:01:01 -0400 China Daily http://www.industriesnews.net/story?sid=s214620547 /enpproperty--> Stocks | Huang Tiantian Reform is key, says Liu Jipeng, new chairman of China Securities Regulatory Commission The stock market should be a place to realize the Chinese dream and accumulate wealth by sharing in the nation's development, said economist Liu Jipeng. A long-time champion for capital market reform, Liu said he is encouraged by the recent promise ... http://www.industriesnews.net/story?sid=s214620545&cid=22 Sun, 19 May 2013 20:00:58 -0400 China Daily http://www.industriesnews.net/story?sid=s214620545 /enpproperty--> It doesn't take a genius to realize the route to economic success in China is to read, learn and inwardly digest the nation's Five-Year Plan, but it does take dexterity and enterprise to respond accordingly and, thereby, beat the market. The lovely city of Wuxi, particularly captivating in spring with blossoms and early flowers adding colorful cheer, is ... http://www.industriesnews.net/story?sid=s214620550&cid=22 Sun, 19 May 2013 20:00:33 -0400 China Daily http://www.industriesnews.net/story?sid=s214620550 Britons should be braced for years of high inflation as the cost of living soars stubbornly ahead of wages, a leading economic forecaster warned ... http://www.industriesnews.net/story?sid=s214620565&cid=22 Sun, 19 May 2013 19:55:45 -0400 The Independent http://www.industriesnews.net/story?sid=s214620565 Budget speech and what RBI has now launched. Here's what the Budget speech said: "...in consultation with RBI, I propose to introduce instruments that will ... http://www.industriesnews.net/story?sid=s214620582&cid=22 Sun, 19 May 2013 19:45:23 -0400 Times of India http://www.industriesnews.net/story?sid=s214620582 The information contained in this report (the Information) is provided for, and is only to be used by, persons in Australia. The information may not comply with the laws of another jurisdiction. The Information is general in nature and does not take into account the particular investment objectives or financial situation of any potential reader. It does not constitute, and should not be relied on ... http://www.industriesnews.net/story?sid=s214620051&cid=22 Sun, 19 May 2013 19:04:25 -0400 General Sources http://www.industriesnews.net/story?sid=s214620051 The kiwi fell to 80.62 US cents from 80.68 cents on Friday in New York and 81.10 at 5pm in Wellington. Photo / File The New Zealand dollar dropped to an eight-and-a-half-month low on optimism an improving economic outlook in the US may prompt that nation's central bank to end its quantitative easing policy. The kiwi fell to 80.62 US cents from 80.68 cents on Friday in New York ... http://www.industriesnews.net/story?sid=s214619511&cid=22 Sun, 19 May 2013 18:18:25 -0400 New Zealand Herald http://www.industriesnews.net/story?sid=s214619511 First Group, the transport giant, is expected to start the firing gun on a rights issue of up to £600m this week to ease concerns over its balance ... http://www.industriesnews.net/story?sid=s214619512&cid=22 Sun, 19 May 2013 18:15:51 -0400 General Sources http://www.industriesnews.net/story?sid=s214619512 Pope Francis leads prayers ahead of Pentecost Sunday before thousands of faithful gathered in St. Peter's Square, saying that a lack of ethics in public life is harming ... http://www.industriesnews.net/story?sid=s214619009&cid=22 Sun, 19 May 2013 17:43:04 -0400 The Globe and Mail http://www.industriesnews.net/story?sid=s214619009 President Barack Obama told students at Morehouse College: 'My whole life, I've tried to be what my father wasn't for my mother and me.' Photograph: Erik S ... http://www.industriesnews.net/story?sid=s214618510&cid=22 Sun, 19 May 2013 16:31:53 -0400 The Guardian http://www.industriesnews.net/story?sid=s214618510 Shibulal cited the recent Infosys 3.0 strategy as a transformation exercise that could set the company on a high-quality growth path in the long ... http://www.industriesnews.net/story?sid=s214618512&cid=22 Sun, 19 May 2013 16:29:05 -0400 Times of India http://www.industriesnews.net/story?sid=s214618512