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Key Economic News To Watch This Week
A quick summary of the key economic events for the week ahead. The highlight of the week is the address by U.S. Federal Reserve Chairman Ben Bernanke. Monday, 5th SeptemberWorld...
Toyota to Produce New Prius in China
Toyota Motor Corp. will manufacture the third generation of its hybrid model, the Toyota Prius, along with its vital parts in China, said a spokesperson for the company on...
Iceland Was “Bullied” Over Bank Debt, Claims President Olafur Ragnar Grimsson
Iceland’s President Olafur Ragnar Grimsson has hit out at the European Union for allowing Britain and the Netherlands to “bully” his country into agreeing to guarantee repayment of the...
US To Sue Banks Over Subprime Mortgage Loans
The US Federal Housing Finance Agency, a government body that oversees mortgage giants Fannie Mae and Freddie Mac is preparing to file a law suit against a dozen of...
White House Predicts Long Term Unemployment
The White House forecast on Thursday high unemployment of about 9 percent that is expected to persist through 2012. This announcement comes days before US President Barack Obama is...
Infographic: 10 Hot Careers with Strong Projected Growth
The United States government recently revealed that unemployment is likely to remain above the 9 percent mark over the next year as economic recovery remains sluggish, with the possibility...
Europe’s Manufacturing Industry Slumps to Two-Year Low
Europe's manufacturing industry shrank for the first time in almost two years in August as fresh fears arise over a possible double-dip recession. The Markit/Cips manufacturing purchasing managers' index...
Climate Change Poses Major Threat to Cambodia’s Rural Poor
The Cambodian economy faces major problems for its predominantly rural population in the event of more erratic climate shifts, according to the United Nations Development Programme’s 2011 Cambodian Human...
US Raises Anti-Trust Concern Over AT&T Takeover of T-Mobile
The US Justice Department filed an anti-trust complaint against AT&T on Wednesday, in an attempt to block the telecommunications company from completing a US$39 billion purchase of T-Mobile USA....
Japan’s New PM Yoshihiko Noda Names Key Aides
Newly appointed Japanese Prime Minister Yoshihiko Noda revealed yesterday key party appointments, as he attempts to rebuild unity after a bruising leadership fight. Newly appointed Japanese Prime Minister Yoshihiko...


