February 13, 2013
Meet Watson, Your Doctor in a Pizza-Size Box
Error Over Quota This application is temporarily over its serving quota. Please try again later.
Hard hitting global and local news
Hard hitting global and local news
Error Over Quota This application is temporarily over its serving quota. Please try again later.
Error Over Quota This application is temporarily over its serving quota. Please try again later.
Thus one should not be surprised by this can-kicking idea: Republicans Propose Job Freeze to Avert Defense Cuts Republican members of the House and Senate Armed Services committees revived a proposal to avert automatic spending cuts by reducing the federal workforce through attrition and freezing congressional salaries. The legislation would save $85 billion through Sept
Looking for evidence of rebalancing in Europe? Don’t look here: German 2012 trade surplus soars despite weak December reports Germany’s trade surplus was the second highest in more than 60 years in 2012, pointing to an underlying resilience in Europe’s largest economy, although both imports and exports disappointed in the last month of the year
Reuters reports Record low current account surplus shows Japan’s challenges Japan posted its smallest annual current account surplus on record in 2012 as exports weakened and energy imports grew, a signal to Prime Minister Shinzo Abe that economic revival needs more than just a weaker yen and extra spending. The current account surplus is likely to continue shrinking as energy imports rise due to the closure of nuclear power plants and as Japanese exporters lose out to more competitive Asian rivals, economists say. Japan’s current account surplus was 4.7 trillion yen ($50.4 billion) in 2012, Ministry of Finance data showed, a figure that seems impressive.
Spain’s seasonally adjusted unemployment rate is 26.6% according to Eurostat data as mapped by Google. The BBC reports Youth unemployment is a record 55% . Deficit Targets Missed Again and Again Spain was supposed to reduce its deficit to 6.3% by the end of 2012.
December 20, 2012 : France Faces Growing Pension Deficit; French Youth Lose Hope; Politicians in Denial; Bond Market Patience Can’t Last Illusion of Eurozone Stabilization There is no real stabilization and there is no healing.
Visit link: Germany Rebounds but … France Economic Implosion Accelerates; Record Decrease in Service Employment in Italy
View original post here: Boehner Opposes Delay in Spending Cuts Without Reforms; House Passes Bill Requiring Balanced Budget Plan From…
