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Showing posts with the label Economy Watch | In Focus Today

Economy Watch | In Focus Today: Brazil Seeks $66 Billion In Private Investments To Improve Roads, Railways

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1945 - Puyi, the last Chinese emperor, is captured by Soviet troops. Featured Articles Europe Economy Delaying A Eurozone Breakup Will Only Make Matters Worse By: Nouriel Roubini    |   Date: 16 Aug 2012 Germany and the ECB are now relying on the hope that large-scale liquidity will buy time to allow the adjustments needed to restore growth and debt sustainability in the eurozone periphery. But, if a eurozone breakup can only be postponed, delaying the inevitable would merely make the endgame worse - much worse.   Read more ▶ About The Author: Nouriel Roubini Chairman of Roubini Global Economics and professor of economics at New York University's Stern School of Business. Brazil Seeks $66 Billion In Private Investments To Improve Roads, Railways The Brazilian government is set to sell off the rights to nearly 7,500km of roads and 10,000km of railways for private investors to operate, said President D

Economy Watch | in Focus Totay: Key Economic News to Watch this Week: June 25

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1967 - Broadcasting of the first live global satellite television program: Our World Featured Articles UK Economy Who Watches The Financial Watchdogs In The UK? By: QFinance    |   Date: 25 June 2012 The recent appointment of John Griffith-Jones, the senior partner of KPMG, as chairman-designate of the Financial Conduct Authority in the U.K. is troubling. Rather than properly investigating the causes of the banking and financial crisis, dealing with the culprits, and instituting fundamental reforms, the U.K. government's appears set to just bury the truth and paper over the cracks in the hope of a recovery.    Read more ▶ About The Author: QFinance The Ultimate Financial Resource. Key Economic News to Watch this Week: June 25 After the Fed declared that it 'stands ready' to protect the US economy from the eurozone debt crisis, all eyes will turn to the EU Summit later this week. The G20 mee

Economy Watch | In Focus Today: Spain Central Bank Reveals Record $82 Billion Capital Flight In March: Spain Central Bank Reveals Record $82 Billion Capital Flight In March

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2009 - General Motors files for Chapter 11 bankruptcy - the fourth largest bankruptcy in U.S. history. Featured Articles Spain Economy The Bane Of Spain: How The Property Market 'Broke' The Economy By: QFinance    |   Date: 1 June 2012 The crisis growing within Spanish banks at the moment appear to have its roots in the country's property market. Some 80 billion euros worth of loans by Spanish banks to the country's broken construction and real estate sectors are now considered near worthless - being at serious risk of default - while the drying up of credit also means that fewer people are able to afford homes.    Read more ▶ About The Author: QFinance The Ultimate Financial Resource. Spain Central Bank Reveals Record $82 Billion Capital Flight In March Public concern over the health of Spain's financial institutions caused nearly 66.2 billion euros ($82 billion) to be withdraw fr

Economy Watch | In Focus Today: EU Proposes a "Banking Union" to Fight Debt Crisis

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1927 - The last Ford Model T rolls off the assembly line. Featured Articles Africa Economy Why Foreign Aid Skeptics Are Wrong By: Jeffrey D. Sachs    |   Date: 31 May 2012 In 2010, global donor aid for low-income countries reached $26.9 billion, leading to major successes in public health and saving millions of lives. Yet, there are still some who would have you believe that all the funds are going to waste, and that aid-supported programs should be halted immediately.    Read more ▶ About The Author: Jeffrey D. Sachs Professor of Economics & Director of the Earth Institute at Columbia University. Special Adviser to the UN Secretary-General on the Millennium Development Goals. Founder & co-President of the Millennium Promise Alliance. EU Proposes a "Banking Union" to Fight Debt Crisis In a radical policy shift, the European Commission has called for the creation of a "bankin