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Pedro Cunha

BBC News - Irish economy returns to growth - 0 views

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    BBC NEWS
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    Information About Irish economy, making a recovery after thier recent down turn
Duncan Innes

BBC News - What can the UK do to kick start the recovery? - 1 views

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    Good summary of the problems facing the UK economy
Duncan Innes

World job crisis is a threat to democracy, says IMF head | Business | The Observer - 0 views

  • Dominique Strauss-Kahn, the IMF's managing director, warned that "we face the risk of a lost generation", adding: "When you lose your job, your health is likely to be worse. When you lose your job, the education of your children is likely to be worse. When you lose your job, social stability is likely to be worse – which threatens democracy and even peace. So we shouldn't fool ourselves. We are not out of the woods yet. And for the man in the street, a recovery without jobs doesn't mean much."
    • Duncan Innes
       
      USA is losing patience with China
  • Tim Geithner, Obama's treasury secretary, said: "The United States believes that global rebalancing is not progressing as well as needed to avoid threats to the global economic recovery.
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  • "Our initial achievements are at risk of being undermined by the limited extent of progress toward more domestic demand-led growth in countries running external surpluses and by the extent of foreign exchange intervention as countries with undervalued currencies lean against appreciation."
  • "In the G20 framework there are too many people and too many interests to be able to find a currency arrangement," Juncker said. "The ideal forum would be G7 plus China."
Duncan Innes

BBC News - UK unemployment total sees slight fall - 0 views

  • The overall picture remains one of a jobs recovery that is much more sluggish than after previous recessions, analysts say.
  • ear ago. This compares with the 1.7% rise previously reported for the thre
  • as up 2% on a year ago. This compares with the 1.7% rise previously reported for the three
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  • This compares with the 1.7% rise previously reported for the three months to August, but remains below consumer prices inflation of 3.2%
  • inflation
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    Analysis of Octobers unemployment data
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