Italy’s industrial economy is a diverse mixture of private companies; developed industrial clusters in the north and a welfare dependant, less developed and underemployed southern region that focuses on agricultural, agrarian, fisheries, and farming.
Indonesia is a multinational country, which has given the economy a serious advantage over other countries. However, this country has ongoing challenges specific to the world financial crisis. Even so, Indonesia has seen a declining public debt to Gross Domestic Product or GDP, as well as solid stewardship over the past few years that have helped the growth of the GDP. Some of the areas in specific that have experienced improvement include use of treasure bills, taxation, capital market supervision, and customs.
Germany’s trading partners want the country to go on a shopping spree, increase imports and help countries like Greece and Spain grow faster so they can pay off their debts.
But a look at recent history suggests that it might be a bad idea to rely on German consumers for a European recovery.
Consumer spending has been in decline in Germany since well before the crisis hit, and the country has been a quagmire for retailers over the last decade.
This island city-state, thanks to its small size and a big public investment, could soon be the first country
blanketed with a fiber optic infrastructure so fast that it would enable the contents of a DVD to be downloaded in only a few seconds.
The new network is expected to give a strong boost to the growth of services like online video and Internet telephony.
While it may seem only tangentially related to the usual concerns of EconomyWatch.com, the debate over whether Yao Ming’s US-born daughter should receive American or Chinese citizenship
opens an interesting window into the current state of discourse in China about a number of critical political economic topics.
14 June 2010.
Keeping inflation under control is the primary legal responsibility of the European Central Bank,
and as Europe struggles to overcome economic problems caused by the sovereign debt crisis, it has remained the bank’s primary focus.
But some economists say it has become a driving obsession that has blinded the bank to a potentially bigger threat to Europe: deflation.
A Chinese supercomputer has been ranked as the world’s second-fastest machine,
surpassing European and Japanese systems and underscoring China’s aggressive commitment to science and technology.
MIYAZAKI, Japan — It is a calamity for this quiet cattle community.
A prized black calf born last fall will soon be killed, part of the mass destruction of livestock in Japan’s battle against its worst foot-and-mouth disease outbreak in at least a century.
To: Wall Street chief executives
From: Your man in Washington
Re: Embracing the status quo
THE Paramount Bay condominium is a 47-story steel-and-glass cadaver in Miami.
Conceived at the height of the real estate boom as another ultraluxury tower in a city that would soon be choking on them,
it looms unfinished and unoccupied on Biscayne Bay.
