Tag: unemployment

September 3, 2013 0

Exploring the Impossible: India Seeks to Expand Trade in Rupees; India Stock Market Sinks; Rupee Decline Continues

By News Desk

Exploring the Impossible: India Seeks to Expand Trade in Rupees; India Stock Market Sinks; Rupee Decline Continues The desperate act of the day comes from Foreign Minister Salman Khurshid who says India Looking to Expand Rupee-Payment System . India is exploring possibilities of a rupee-based trade-payment mechanism with several countries, Foreign Minister Salman Khurshid said Tuesday, a move that may help stabilize the local currency and reduce the country’s current-account deficit.

September 3, 2013 0

India Manufacturing PMI Contracts for First Time Since March 2009; Eurozone Manufacturing PMI 26-Month High of 51.4

By News Desk

See the original article here: India Manufacturing PMI Contracts for First Time Since March 2009; Eurozone Manufacturing PMI 26-Month High…

September 2, 2013 0

India in Serious Trouble (and Gold at the Heart of It)

By News Desk

India in Serious Trouble (and Gold at the Heart of It) Last week India’s trade minister, Anand Sharma, came out with a laughable suggestion: RBI should consider monetizing gold . Indiaâ€™s central bank should look into the possibility of monetizing gold holdings, trade minister Anand Sharma said on Thursday, in the latest proposal aimed at combating a yawning current account deficit that has hammered the rupee. It was not immediately clear whether Sharma was referring to the 557.7 tonnes of gold the Reserve Bank of India (RBI) holds in its own reserves, or gold in private hands

August 30, 2013 0

Freedom Fries are Out – French Fries and French Toast Back In

By News Desk

Today, the Financial Times warmongers and interventionists whined The Syria vote brings to an end decades of delusion This weekâ€™s events will have an impact. They will strengthen a rising US perception that Britain is an ally pulling back from the world. Mr Cameronâ€™s decision to call a referendum on EU membership fits this picture

August 29, 2013 0

Celebrating Life: Greetings From Germany

By News Desk

Celebrating Life: Greetings From Germany Posted by Michael Shedlock at 2:00 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy

August 29, 2013 0

Tired of Perpetual War? What Can You Do About It?

By News Desk

Writer Gideon Rachman says Echoes of the Iraq war are eerie but misleading . The probable lack of a UN resolution authorising the use of military force in Syria does carry an unfortunate echo of Iraq

August 27, 2013 0

Gold, France, a Currency Crisis, and Other Things

By News Desk

Continue Reading: Gold, France, a Currency Crisis, and Other Things

August 27, 2013 0

Japan Finance Minister Seeks Record Debt Servicing on Interest on National Debt; What’s Next?

By News Desk

Error Over Quota This application is temporarily over its serving quota. Please try again later.

August 27, 2013 0

Reflections on "A Moral Obscenity": How Long Ago Was a War Against Syria Decided?

By News Desk

Read this article: Reflections on "A Moral Obscenity": How Long Ago Was a War Against Syria Decided?

August 26, 2013 0

Income Inequality Explained: Why Wages Don’t, Won’t, and Can’t Keep Up With Productivity

By News Desk

In Human Versus Physical Capital Krugman stated … So the story has totally shifted; if you want to understand whatâ€™s happening to income distribution in the 21st century economy, you need to stop talking so much about skills, and start talking much more about profits and who owns the capital.