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    • 10 defining moments of the Sochi Olympics
      It promises to be another memorable occasion — but will it beat Winters Games gone past? The 17-day sporting extravaganza is being dubbed as the most expensive Olympics ever, with the Russians having spent $50 billion on turning the faded Black Sea resort into a rejuvenated host venue. Thousands of athletes from over 80 different […]
    • New Jersey Gov. Chris Christie
      With former Port Authority official David Wildstein’s new claim that  “evidence exists” showing Christie knew about the politically motivated lane closings on the George Washington Bridge back in September, several Jersey State politicians are already floating the dreaded “I” word: impeachment. It wasn’t so long ago that New Jersey Gov. Chris Christie was a popular Republican […]
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    • Stamp prices set to increase by 1p February 27, 2015
      The cost of first and second class stamps are each to rise by 1p from 30 March, Royal Mail announces.
    • VIDEO: Expanding Zimbabwe's platinum mines February 27, 2015
      How the Zimbabwean government is pushing platinum miners to build a refinery.
    • Airbus reports big rise in profits February 27, 2015
      French aviation firm Airbus reports a big jump in full-year profits despite setting aside €551m (£401m) for delays on its A400M military aircraft.
    • Wide gap in regional house prices February 27, 2015
      The gap between the most expensive and cheapest regional average house prices in England and Wales is more than £350,000, figures show.
    • German MPs back Greek loan extension February 27, 2015
      German MPs vote overwhelmingly to extend financial aid to Greece by another four months, despite public scepticism.
    • Labour to reveal tuition fee cut plan February 27, 2015
      Ed Miliband is to say £9,000 tuition fees in England have been a "disaster" and will set out how Labour would fund a reduction.
    • Lloyds to resume dividend payments February 27, 2015
      Lloyds Banking Group confirms that it will resume paying dividends to shareholders for the first time since the financial crisis in 2008.
    • FTSE 100 index edges downwards February 27, 2015
      The FTSE 100 edges lower in Friday morning trade, despite strong results from Lloyds and airline group IAG.
    • BA owner reports soaring profits February 27, 2015
      British Airways (BA) owner International Airlines Group (IAG) has reported a big jump in annual profit and raised its forecast for 2015.
    • Japan's shares edge up to a new high February 27, 2015
      Japan's benchmark Nikkei index edged up to a new 15-year high as the yen weakened, with investors shrugging off a raft of mostly disappointing economic figures.

Archive for the "Economy" Category

What is happening to us

When an option is to die and take our family with us there is something desperately wrong with our society. I can not imagine making the choice to commit suicide and take my children along with me, is that what people today are feeling is an option? My God, something needs to change here. OHIO […]

The House has it!

The House on Wednesday evening passed an $819 billion economic stimulus package Wednesday on a party-line vote, despite President Obama’s efforts to achieve bipartisan support for the bill. The final vote was 244 to 188. No Republicans voted for the bill, while just 12 Democrats voted against it. The Senate is likely to take up […]

Stimulate me Please!

I Want to Have Citibanks Spare Chump Change

The high-flying execs at Citigroup caved under pressure from President Obama and decided today to abandon plans for a luxurious new $50 million corporate jet from France. The bank used TARP funds to purchase a new corporate jet for executives. The decision came 24 hours after the banking giant, which was rescued by a $45 […]

Pelosi disagrees with Obama

Oh Im shocked. The first thing that Obama should do is to get rid of her, but that wont happen Im afraid. Obama seems to put the old attage to work of “keeping your enemies close”. We will see how all this pans out, it will be interesting to say the least. (CNN) — Two […]

Tell me your story

The world we live in has changed so much, its not at all what we are used to seeing. There has been major familiar businesses and small local businesses closing down. One recent is Circuit City.  In and around my old neighborhood little shops that once were full of patrons are now empty with signs stated […]

Foreclosures up by 81% in U.S.

Home is going to have to be where the heart is as there wont be any other place to live. Foreclosures rose 81% in 2008, ensnaring 2.3 million U.S. households during the year, according to RealtyTrac Inc. data released today. Advertisement The Irvine, Calif.-based foreclosure Web site said December filings rose 17% from November and […]

Professor Peter Morici, a former chief economist

Professor Peter Morici is a recognized expert on economic policy and international economics. Prior to joining the university, he served as director of the Office of Economics at the U.S. International Trade Commission. He is the author of 18 books and monographs and has published widely in leading public policy and business journals including the […]

The New Job Market

[youtube]http://www.youtube.com/watch?v=3XGJq8wrw5I[/youtube]

StimulUS

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