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U.S. loses equivalent of every job created this decade
Published July 4, 2009, 1:44 pm, National Post
All job growth since the final year of the dot-com bubble, its recovery from the bust, and the ensuing six years of consumer-driven boom is now gone, leading some economists to fear an outright decline in wages will be next. Others believe the U.S. is on track for a painful "jobless recovery"
ECB keeps rates at record low 1%
Published July 4, 2009, 1:42 pm, National Post
The European Central Bank kept euro zone interest rates at 1.0% on Thursday, and markets expect it to hold them at the all-time low for much of next year to help repair the region's economy.
The unemployment timebomb is quietly ticking
Published July 4, 2009, 1:35 pm, Daily Telegraph
One dog has yet to bark in this long winding crisis. Beyond riots in Athens and a Baltic bustup we have not seen evidence of bitter political protest as the slump eats away at the legitimacy of governing elites in North America Europe and Japan. It may just be a matter of time.
Dubai Inflation Down on Drop in Property Rents
Published July 4, 2009, 1:15 pm, Khaleej Times
DUBAI - Dubai has recorded a significant drop in inflation rate as it is reduced to 5.4 per cent during January to May this year mainly because of a sharp fall in property rents, a top Dubai government official said.
Kohl: Some equipped to handle downturn better than others
Published July 4, 2009, 10:28 am, AG Weekly
GRAPEVINE, Texas - David Kohl is not among ag economists who say U.S. farmers are better equipped to handle the downturn compared with the boom of the 1970s and the farm-credit crisis of the 1980s.
Martin Hawes : Anyone's call so spread risk
Published July 4, 2009, 10:01 am, The New Zealand Herald
I am always doubtful, even suspicious, when financial advisers and commentators are certain they know what will happen in the future. Robert Kiyosaki's reported comments that the global economy will soon see hyper-inflation and...
Dubai inflation slows to 5.4 pct in Jan-May '09
Published July 4, 2009, 5:38 am, Reuters via Yahoo! Malaysia News
DUBAI, July 4 (Reuters) - Dubai's inflation rate slowed to 5.4 percent in the first five months of 2009, compared to 8.7 percent a year earlier, the head of Dubai Statistics Center (DCS) was quoted as saying on Saturday.
A review of inflation and deflation in the United States
Published July 4, 2009, 3:18 am, Resource Investor
We take a look at how both silver and gold performed during inflationary and deflationary periods in this country's history.
Fans proud of Murray effort
Published July 4, 2009, 3:00 am, BBC News
Reaction to defeat from supporters of Murray at Wimbledon
What the Bank has to weigh up next week
Published July 3, 2009, 10:49 pm, Tiscali
LONDON (Reuters) - The Bank of England looks certain to keep interest rates at a record low of 0.5 percent next Thursday as it continues to try to lift the economy out of recession, so most attention will focus on whether it expands its quantitative easing target.
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