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The global crisis and India's growth rate
Published December 2, 2008, 11:56 pm, Business Standard India
The XIth Plan targets should be recalibrated if the plan is to remain credible. India had a dream run of five years during 2003-08 as the GDP growth averaged nearly 9 per cent annually for five years, the best ever run over five years! The economy began to slow down from the middle of 2007-08.
China property slump threatens global economy
Published December 2, 2008, 11:52 pm, Business Standard India
House prices in Shanghai, Shenzhen and Guangzhou are plunging, and the global economy may grind almost to a halt next year because of it.
Brittanys See Numbers Decline
Published December 2, 2008, 11:36 pm, Booneville Democrat
It is a long way from Wall Street but Main Street in Booneville has its own economic indicators. Of course, like many of the financial indicators, they are open to interpretation.
Treasuries Fall as Stock Gains Cut Demand for Record Low Yields
Published December 2, 2008, 11:36 pm, Bloomberg
Dec. 3 (Bloomberg) -- Treasuries fell as U.S. efforts to combat a deepening recession buoyed stocks around the world, eroding demand for government debt with yields at record lows.
(AFX UK Focus) 2008-12-03 07:09 Nikkei gains 1.8 pct as domestic demand stocks gain
Published December 2, 2008, 11:35 pm, Interactive Investor
By Aiko Hayashi
Top of Utah ski areas face dual challenge: lack of snow and a tight economy
Published December 2, 2008, 11:25 pm, Standard-Examiner
OGDEN -- Snow has been about as scarce as good economic news lately, but local ski areas are maintaining an optimistic outlook as they prepare to open for the season later this week.
In downturn, business lunches are becoming rare
Published December 2, 2008, 11:11 pm, Times Leader
CHICAGO — Step into one of Chicago’s tonier dining rooms at noon, and you’ll likely see plenty of empty tables sheathed in white linen.
Oil may fall to single digit, warns economist
Published December 2, 2008, 11:07 pm, MENAFN
Oil may fall to single digit, warns economist
‘Coopetition’ favored by IT council
Published December 2, 2008, 11:04 pm, Cebu Daily News
CEBU CITY, Philippines – The Cebu Education Development Foundation for Information Technology (Cedf-IT) signed a declaration in Iligan City in November with nine ICT councils to strengthen the Philippines’ bid as a leading outsourcing destination.
Otter issues 3 percent more in cuts
Published December 2, 2008, 11:00 pm, The Times-News
Gov. C.L. "Butch" Otter on Monday ordered state agencies to cut an additional 3 percent from their budgets, the governor's latest response to the worldwide economic crisis that's caused a decline in the state's revenue and forced companies to cut jobs.
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