EconWatch.com > June 30, 2009

Turkish economy shrank 13.8 percent in Q1 as trade undergoes sharp ...

[Breaking News] NEW YORK - US stocks plunged Friday as the government took a bigger stake in Citigroup Inc and figures showed the economy shrank at a far greater pace than expected. The Commerce Department said Friday that the US economy shrank by 6.2 percent in the final quarter of 2008, the worst fourth-quarter showing by the country since the recession of 1982.

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Is It Obama's Economy Yet? -- Politics Daily

[Politics Daily] 24, with Bush's tacit blessing, Obama essentially began exerting some level of influence over the economy. Moments after Bush spoke at the Treasury Department about the Citigroup bailout, Obama introduced his new economic team and expressed explicit support for Bush's plans while describing what would be a cornerstone of his own approach: a massive federal spending program designed to jump-start the economy.

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Posted at 07:04 PM

June 30, 2009

Turkish economy shrank 13.8 percent in Q1 as trade undergoes sharp ...

[Breaking News] NEW YORK - US stocks plunged Friday as the government took a bigger stake in Citigroup Inc and figures showed the economy shrank at a far greater pace than expected. The Commerce Department said Friday that the US economy shrank by 6.2 percent in the final quarter of 2008, the worst fourth-quarter showing by the country since the recession of 1982.

Read related posts for „Turkish economy shrank 13.8 percent in Q1 as trade undergoes sharp ...“.

Posted at 07:05 PM

Is It Obama's Economy Yet? -- Politics Daily

[Politics Daily] 24, with Bush's tacit blessing, Obama essentially began exerting some level of influence over the economy. Moments after Bush spoke at the Treasury Department about the Citigroup bailout, Obama introduced his new economic team and expressed explicit support for Bush's plans while describing what would be a cornerstone of his own approach: a massive federal spending program designed to jump-start the economy.

Read related posts for „Is It Obama's Economy Yet? -- Politics Daily“.

Posted at 07:04 PM

June 27, 2009

Roger's Rules » A “green” economy vs. a productive economy, or how ...

[Roger's Rules] It turns out Al Gore and the United Nations (with an assist from the media), did a little too vociferous a job smearing anyone who disagreed with them as “deniers.” The backlash has brought the scientific debate roaring back to life in Australia, Europe, Japan and even, if less reported, the U.S.

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Posted at 05:05 PM

Are Human Resources Commodities? | The Relationship Economy......

[The Relationship Economy......] The story of Fiddler on the roof centers on Tevye, the father of five daughters, and his attempts to maintain his family and religious traditions while outside influences encroach upon their lives. He must cope with both the strong-willed actions of his three older daughters””each one’s choice of husband moves farther away from the customs of her faith.  The story resolves with a slow acceptance of the new world and creeping redefinition of what love is and what love can be.

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Posted at 05:04 PM

June 26, 2009

The "Whatever" Economy - Boing Boing

[Boing Boing] The "Whatever" Economy. Posted by Xeni Jardin, June 24, 2009 3:45 PM | permalink · whatever.jpg. Writer and periodic Boing Boing guest-blogger Susannah Breslin spotted this funny/desperate real estate sign. Whatever. ...

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Posted at 02:35 PM

Should CEO's Engage? | The Relationship Economy......

[The Relationship Economy......] Now some may say that CEO’s don’t have time to participate in social media, they have more important things to do.  If that is true then I guess paying attention to the market of conversations and influencing said conversations is not important or urgent.   The study above demonstrates the lack of engagement which is an indicator of the lack of knowledge concerning the market.

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Posted at 02:34 PM

June 24, 2009

OECD makes predictions on Iceland economy | IceNews - Daily News

[IceNews - Daily News] The Iceland section of the OECD’s latest global economic outlook report says that Iceland’s economy can be expected to continue its contraction all year but should show signs of a recovery in the New Year. The OECD predicts that a sizeable part of the recovery will come from increased investment in large scale industrial projects, renewed domestic demand and improvement in the markets for Icelandic exports.

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Posted at 07:05 PM

Points on Stimulus Package and The Economy at Anwar Ibrahim

[Anwar Ibrahim] Lack of proficiency in the English language places Malaysia at a significant disadvantage to countries such as India, which has benefited from the outsourcing of call centers, back office operations and software programming from Western countries

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Posted at 07:03 PM

June 23, 2009

p2pnet news » Blog Archive » Canada's digital economy

[p2pnet news] The City of Vancouver recently adopted an openness policy that establishes a preference for open standards, open source software, and open government data.  The federal government should do the same, promoting the use of cost-effective open source software and the benefits of commercial and civic activity around accessible government data.  We are seeing some remarkable open government initiatives around the world.  Witness last week’s initiative by the Guardian in the UK, which is crowdsourcing the review of hundreds of thousands of documents detailing MP expenses.  Within days, 20,000 people have taken part with about 160,000 pages reviewed.  There is no reason that we can’t see similar activity in Canada.

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Posted at 07:05 PM

Hot Air » Blog Archive » Obama's economy?

[Hot Air » Top Picks] Nor does it look good for the future of Obama’s economic policy.  This question had less to do with the current crisis and more to do with Obama’s policies for reversing it.  A large majority believes they know better than Obama about economic issues, 60%-30%.  That holds true in almost every demographic category, with a few notable exceptions.  Blacks trust Obama more than themselves, 72%-21%, and liberals by 54%-30%, but Democrats can’t even get a majority for that position, 48%-37%.  Independents trust themselves more than Obama by a whopping 76%-19%, almost identical to Republicans.  A majority of higher-income workers (between $60-100K) blame Obama; the under-$20K demographic, which one could expect to be loyal to Obama, trust themselves more than Obama’s economic leadership, 49%-39%.

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Posted at 07:03 PM

June 20, 2009

How Will the Russian Economy Emerge From the Crisis? - The ...

[The Washington Note] I think the fact that you view Russia as a "petro-state" is perfectly emblematic of everything wrong with the Russian economy. The Russians don't have to make the incredibly difficult journey that you define as the transition from a petro-state to a modern, diversified economy.

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Posted at 05:06 PM

Can a 'Green New Deal' Boost Turkey's Economy Too? : TreeHugger

[TreeHugger] Image via Yeşil Ekonomi Konferansı. With unemployment at 15.8 percent and the slow-down in the country's GDP estimated at more than 10 percent, the Turkish economy, like many others around the world, could use a shot in the arm.

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Posted at 05:04 PM

June 19, 2009

reading False Economy: A Surprising Econ”¦ « Talk Islam

[Talk Islam] reading False Economy: A Surprising Economic History of the World. readable, if a little orthodox in its economics and a bit sloppy on the history (almost all economic history i've read has a tendency to look at historical details as .

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Posted at 02:35 PM

Boston's Digital Entertainment Economy Begins to Sense Its Own ...

[Xconomy] While the rest of us weren’t looking, and without consulting one another, thousands of creative types have been flocking to the Boston area over the past decade. They’ve built a critical mass of game studios, film production companies, graphics software houses, 3-D modeling companies, digital marketing agencies, online hangouts, and the like—what amounts, in fact, to a self-sufficient digital entertainment ecosystem.

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Posted at 02:33 PM

June 17, 2009

Re-Ramblings: Dang Economy

[Re-Ramblings] Eskimo Sno here in Norman is my favorite place, but lately they've been giving me less syrup when i order my tie-dye sno cone. Saturday i even asked for extra banana but it was still dry by the time i got to my car.

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Posted at 07:05 PM

Welcome to the Gig Economy-Minyanville

[Minyanville] But when pressed later by questioners in the room, many of whom were there because they're unemployed and closer in age to Jay than to his overemployed colleague, Chatzky advised: “Anyone who doesn’t have a plan B is a little nuts. It’s very much a gig economy.”

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Posted at 07:04 PM

June 16, 2009

Stabilising economy - News - The Engineer

[The Engineer] The latest news from The Engineer Online - engineering info, engineering news, environmental engineering, aerospace news, defence news, engineering, mechanical engineering, medical news, jobs in engineering, engineering jobs, .

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Posted at 07:05 PM

Sustainability Is the New Economy | RISMedia

[RISMedia] this is a great upheaval, the dawn of an entirely new economy. The new economy is about innovation that seeks to preserve rather than consume;

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Posted at 07:04 PM

June 13, 2009

SustainabiliTank: Culture Change needed for the new economy model ...

[Sustainabilitank] At the local level, Transition Towns has spread in less than four years from the UK to many countries including Canada, to raise awareness of sustainable living and to build local resilience in response to the combined threats of peak oil and climate change. Even mainstream economists are moving with the tide.

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Posted at 05:05 PM

AFL-CIO NOW BLOG | Report: Paid Sick Leave Doesn't Hurt Economy

[AFL-CIO NOW BLOG] But, we also know, it is hard to stay ahead when 19 of the 20 most competitive countries in the world guarantee pad sick days””and the United States is the odd one out. What does it say when Lesotho and Papua New Guinea are implementing paid sick days to give their businesses and their entire nation a competitive edge, yet America still does not get it?

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Posted at 05:04 PM

June 12, 2009

NewNet News - Clean energy economy generates significant job ...

[New Energy World Network (NewNet)] Additionally, every state offers some form of financial incentive to drive its clean energy economy. Twenty-three states have adopted regional initiatives to reduce the global warming pollution from power plants, 46 states offer some form of tax incentive to encourage residents and corporations to use renewable energy or adopt energy efficiency systems and equipment, and 29 states and the District of Columbia have established renewable portfolio standards, which require electricity providers to supply a minimum amount of power from renewable energy sources.

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Posted at 02:35 PM

Hot Air » Blog Archive » AIP column: The economy killer

[Hot Air » Top Picks] Unfortunately, it does - and our own Congress has already proposed it.  The cap-and-trade system for controlling the output of carbon dioxide has made it out of committee, sponsored by Henry Waxman and Edward Markey.  President Barack Obama campaigned on this revamping of the American energy industry and is widely expected to support it in its current form.

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Posted at 02:34 PM

June 10, 2009

Cameco upgraded on economy and Kazakhstan arrests - FP Trading Desk

[FP Trading Desk] Get headlines and stories from FP Trading Desk and other Financial Post and National Post feeds delivered straight to your BlackBerry or Windows Mobile-powered PDA with Viigo. Free, instant, lightning-fast access gets you what you want, when you want it.

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Posted at 07:05 PM

Bailout Nation: Bloomberg on the Economy | The Big Picture

[The Big Picture] bloomberg on the economy is my favourite podcast and TBP my favourite blog, was nice seeing both come together… can’t wait for my copy of bailout nation to be shipped here in good old europe.

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Posted at 07:03 PM

June 09, 2009

Morning Reads: Search Queries Mirror Economy, Can MySpace be a ...

[ClickZ News Blog] Google queries for terms like "investments" closely match the stock market's performance, according to a study the search giant commissioned from Compete. The study also identifies the search traits of high-value credit card shoppers -- mainly that they search a whole lot.

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Posted at 07:05 PM

The Economy Today: Constructive Construction? : CJR

[CJR : The Audit] PhRMA and the AMA join forces with insurers; The Economy Today: It's Wild Out There Headlines from California, Colorado, New Jersey, Maryland, and elsewhere.

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Posted at 07:03 PM

June 06, 2009

When and How the U.S. Economy Will Recover

[Money Morning] Just days before the Obama took office, the Congressional Budget Office projected that the U.S. budget deficit would nearly triple from last year’s $455 billion - and would reach a staggering $1.2 trillion. And that was even before Obama unveiled his $787 billion stimulus, bank-rescue and anti-foreclosure plans - or other fix-up initiatives that are sure to surface in the months ahead.

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Posted at 05:04 PM

The Economy Today: Stimulus Naughts : CJR

[CJR] Talking Shop: Yvonne Wenger The Post and Courier's statehouse reporter talks about covering South Carolina; The Economy Today: Who Will Lead?

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Posted at 05:02 PM

June 05, 2009

The Oil Drum | From a Failed Growth Economy to a Steady-State Economy

[The Oil Drum - Discussions about Energy and Our Future] A surprisingly small input in energy terms of fertilizer N into many 3rd World existing farming systems, with an organized financial safety-net, and very small, in our terms, investment in infrastructure, improves food and societal security via productivity, and this could be done on a pretty much 'sustainable' basis for foreseeable decades at least.

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Posted at 02:35 PM

The Economy Today: Who Will Lead? : CJR

[CJR] The Economy Today: Hope Floats Headlines from Texas, Idaho, North Carolina, Hawaii, and elsewhere; Idle Wor$hip The media's love affair with celebrity economists and financiers .

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Posted at 02:34 PM

June 03, 2009

Economy Sheds 532000 Jobs; Planned Layoffs Show Drop - Economy ...

[CNBC's Top Business Stories from the US] The median forecast of economists surveyed by Reuters for the ADP Employer Services report, jointly developed with Macroeconomic Advisers LLC, was for 520,000 private-sector jobs lost in December.

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Posted at 07:08 PM

The Economy Today: Hope Floats : CJR

[CJR] but in Texas, one high school reports a huge increase in the number of yearbooks sold. Perhaps the recession is making students nostalgic for the good old days?

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Posted at 07:04 PM