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[The Gaea News] World Bank fears sharper contraction, IMF predicts faster recovery: Obama adviser: Economic contraction likelyWASHINGTON ”” A top Obama adviser is predicting another economic contraction in the second quarter of the year and continued increases in unemployment for the next several months. The downbeat assessment from Christina Romer, the chairwoman of Obama's Council of Economic Advisers, comes in the wake of Wednesday's report that the overall economic output in the United States declined rapidly in the first three months of this year.

[Crooked Timber] Economics as Sociology's Other ”” Crooked Timber: But I would say that the belief that Solow’s growth accounting framework has gone through extensive empirical testing is darn right and if Anwar Shaikh thinks otherwise, that tells us that Anwar Shaikh is, on this particular topic, ignorant. (You don’t cite any reference to Anwar Shaikh actually saying this, my apologies to Anwar Shaikh if he isn’t as ignorant as you imply.

[ICIS Asia news headlines] In Wednesday's South Asia papers-17/06/2009-ICIS News: Indian Prime Minister Manmohan Singh claimed on Tuesday that his country enjoyed excellent relations with all the members of the Shanghai Cooperation Organisation (SCO) but Chinese reports suggested that Beijing had backed a hotline between the prime ministers of the two countries, possibly to avert dangerous miscommunications between the nuclear-armed neighbours.

[Bangla News] Outlook conservative in budget | Bangla News: Muhith also concurred with a common view that the proposed outlay for the annual development programme (ADP) for the next fiscal year is a big one. At the same time, he said the problem lies more with the implementation of ADP than with its size.

[Dawn.com Forum] Dawn.com Forum » Blog Archive » Can the federal budget deliver?: The government has promised much: reforming the existing tax structure to make it more equitable, moving towards taxing the agricultural sector and improving the tax-to-GDP ratio. The budget also calls for an end to subsidies to the power sector and brings in massive stimulus packages to prop up the stuttering textile sector and regions ravaged by violence.

[Selvarajasomiah's Weblog] Anwar Ibrahim: Global Economic Crisis & Future Of ASEAN ...: It is true that the Keynesians believe that pump priming itself with the necessary checks and balances is indeed the most effective way of powering economies out of their recessionary corners but the concern we have is the unfettered adoption of polices of reducing the cost of funds to near zero, while government goes on a spending spree on even more borrowed money. The Federal Reserve and other central banks buy up Treasury bonds and other government papers in order to give that much needed shot in the arm for the economy still waiting for the invisible hand to appear.

[The Gaea News] China prepares to spend $10B in next portion of stimulus package: NEW DELHI - Maintaining that India will grow by at least 7 percent this fiscal, Commerce Minister Kamal Nath Monday said the government was considering another stimulus package to pump prime the economy. Addressing the 'Partnership Summit 2009' of the Confederation of Indian Industry (CII) here, the minister said the falling inflation rate, now at a little over 5 percent, would help unveil another package.

[Radiance Viewsweekly - Muslim News from India and around the world.] BUDGET 2009-10 In the Guise of Political Morality DR. WAQUAR ANWAR ...: It has become a practice of the respective ministers to present budgeted estimates (BE) by overestimating revenues and underestimating expenditures so that the resulting figures may become publicly digestible! As public memory is short nobody notices the extent of actual variances from the budgeted estimates. In order to understand the fallacy involved one can simply compute the variances between Budgeted Estimates (BE), Revised Estimates (RE) and the Actual figures relating to any year.

[Hillary Is 44] Hillary Is 44 » Blog Archive » Barack Obama's Psychology and ...: I call upon Arab leaders and Palestinian leaders: Let’s go in the path of Menachem Begin and Anwar Sadat, Yitzhak Rabin and King Hussein. Let’s go in the path of Prophet Isaiah, who spoke thousands of years ago, they shall beat their swords into plowshares and know war no more.

[The Gaea News] PETA activists protest against KFC's cruel treatment of chickens: Search query that brought someone to my blog - "why should I work in India" Search engines get asked inner doubt questions too; intellibitz Gb SIMI: South Asian Checkpost - Muslim leadership in India is a myth, says .

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