Tag Archive: recession

The cause of this recession? Economic pundits ignoring history’s voice | Simon Jenkins

The Queen, reported the Daily Mail, was wearing a speckled cream suit and matching hat. Her Majesty was at the London School of Economics, listening to a professor, Luis Garicano, talk about the credit crunch. “It’s awful,” she said suddenly…. (READ MORE)

The Western Press

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Traffic deaths trended down again in 2010, says DOT

Washington (CNN) — Some 32,885 people died on the nation’s roadways in 2010 — a number that, while slightly higher than preliminary figures released in April, shows the downward trend in traffic deaths is continuing, now reaching low levels not… (READ MORE)

The Western Press

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US searches for a cultural response to economic hardship

By any standards, watching Jeff Nichols’s much lauded film Take Shelter is a haunting experience. Its central character, Curtis LaForche, a working-class Midwesterner trying to hold on to his family, job and sanity in rural Ohio, is increasingly plagued by… (READ MORE)

The Western Press

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New Greek PM Says Country Is at ‘Crucial Crossroads’

Greece’s newly named caretaker prime minister, Lucas Papademos, says his country is at a “crucial crossroads” and it won’t be easy to fix the huge problems facing the Greek economy. Thursday, Greece’s feuding political leaders named Papademos, a former vice… (READ MORE)

The Western Press

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Obama Brings Economic, Security Assurances on Asia-Pacific Trip

President Barack Obama departs this week for Hawaii where he will host the Asia-Pacific Economic Cooperation summit, formed in 1989 to improve economic cooperation and liberalize trade among its member nations.  Mr. Obama brings economic and security assurances on his… (READ MORE)

The Western Press

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France Unveils Tough Austerity Plan

The French government unveiled tough new austerity measures Monday as fears grow that Europe’s fiscal problems may touch new members of the 17-nation eurozone. French Prime Minister Francois Fillon warned that billions of euros in spending cuts and tax hikes… (READ MORE)

The Western Press

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