Well, I want to start by thanking a few folks who’ve joined us today. We’ve got the mayor of Osawatomie, Phil Dudley is here. We have your superintendent Gary French in the house. And we have the principal of Osawatomie High, Doug Chisam. And I have brought your former governor, who is doing now an [...]
Tag: economy
December 7, 2011
December 3, 2011
Analysts: Indian Economic Slowdown May Linger
The slowdown in India’s economy is expected to continue into the next year, as growth in Asia’s third largest economy plummets to its lowest level in two years. India’s July-to-September quarter registered only 6.9 percent growth, far lower than projected by the government at the start of the year. Economists blame the slowdown on both [...]
December 2, 2011
Bill Clinton joins Obama to champion Washington energy saving strategy
Bill Clinton came out with an assist for Barack Obama on his economic strategy on Friday, as the two men teamed up to launch an energy saving retrofit of government buildings and commercial properties. The unusual joint appearance marked the second time in a month that Clinton, who presided over the boom times of the [...]
December 2, 2011
US politics live blog: US unemployment figures, Herman Cain accusations
1pm: Republican presidential candidate Herman Cain is travelling back home to Atlanta today to meet his wife Gloria for the first time since Ginger White revealed their 13-year-long relationship. Cain has hinted that he could drop out of the race – leading to fact-free speculation such as this piece in the Daily Beast, which waited [...]
November 30, 2011
Europe Fights for Euro’s Survival
European finance ministers gathered in Brussels Tuesday in another effort to resolve the continent’s debt crisis and save the euro as its common currency. The ministers appeared set to negotiate terms of proposals that would have – until recently – been unthinkable. They could force the 17 countries that use the euro to cede control [...]
November 30, 2011
S&P reduces bank credit ratings
30 November 2011 Last updated at 01:26 GMT SP’s move hit the share prices of US banks Ratings agency Standard Poor’s has downgraded the long-term credit grades of a string of major financial firms. Wall Street titans Bank of America and Goldman Sachs, along with Barclays, HSBC, and some firms in Germany and France were [...]
November 29, 2011
November 28, 2011
Middle incomes: the American nightmare | Editorial
The US economy is now almost thrice as big as in the early 1970s – and yet the typical working man finds not a dime of this transformative growth in his pay packet. At an outstanding event in London last week, the Resolution Foundation assembled experts from both sides of the Atlantic to consider the [...]
November 25, 2011
Black Friday sales start with pepper spray stampede
Shoppers in the US kicked off their annual “Black Friday” orgy of consumerism amid scenes of pushing, pulling, running and – in one case – pepper-spraying their way through the doors of the nation’s shops and malls. The annual tradition, when many stores open early with cut-price sales on the day after Thanksgiving, has become [...]
November 24, 2011
European Leaders Discuss Eurozone Debt Crisis
French and German leaders met with Italy’s new prime minister Thursday, promising to change EU treaties to allow for closer financial integration. They hope such changes will prevent future economic problems like the current eurozone debt crisis. French President Nicolas Sarkozy, German Chancellor Angela Merkel and Italian Prime Minister Mario Monti all said they would [...]
November 24, 2011
US quarterly growth revised down
22 November 2011 Last updated at 13:59 GMT The revised figures still show that the economy is growing faster than earlier in the year The US economy grew at a slower pace than previously estimated in the three months to the end of September. Revised figures from the US Commerce Department show gross domestic product [...]
November 24, 2011
November 24, 2011
November 18, 2011
Europe’s Debt Crisis: Spain, France Face Higher Borrowing Costs
The European debt crisis touched Spain and France Thursday, with both countries now forced to pay more to finance their governments. Spain, Europe’s fourth biggest economy, sold nearly $5 billion in government bonds Thursday at a big 7 percent interest rate. That is the same rate that Greek, Irish, and Portuguese bonds hit before those [...]