Economics News Economics News Rss feed

  • China to allow US auditors access to records of Chinese firms China to allow US auditors access to records of Chinese firms

    BEIJING - Chinese regulators Friday announced that they have signed a memorandum of understanding with their US counterparts giving American authorities increased access to documents from Chinese audit firms. The signing of the MOU between China Securities Regulatory Commission (CSRC), the Ministry of Finance (MOF) and the US Public Company Accounting Oversight Board (PCAOB) is a significant ...

  • Croatia looking to oil exploration in Adriatic Sea to revive economy Croatia looking to oil exploration in Adriatic Sea to revive economy

    ZAGREB/LONDON - Croatia, soon to become the 28th member of the European Union,- is looking to undiscovered oil and gas fields in the Adriatic Sea to revive its ailing economy, according to the country's president. Ivo Josipovic told CNN that Croatia is searching for partners in the energy sector to help reveal oil and gas "green fields" in the waters that separate the Balkan nations and ...

  • UK urged by IMF to bring forward high value spending UK urged by IMF to bring forward high value spending

    LONDON - In a critique of the United Kingdom's austerity programme, the International Monetary Fund Wednesday urged the Europe's third largest economy to rebalance the policy to make the transition to a high-investment and more export-oriented economy. "The UK could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job ...

  • China planning to give private businesses larger role in economy

    China is planning to give a larger role to private businesses and market forces in its economy. The move comes in a major policy shift intended to improve living conditions for the middle class and to make China a stronger competitor on the global stage. According to the New York Times, in a speech to party cadres, Chinese Prime Minister, Li Keqiang, said the central government would reduce ...

  • Jordan economy set to grow 3.5 pct in 2013 - central banker

    DEAD SEA, Jordan | Sat May 25, 2013 10:58am EDT DEAD SEA, Jordan May 25 (Reuters) - Jordan's economy is expected to grow around 3.5 percent this year driven by remittances, higher domestic consumption and some pickup in construction activity, the kingdom's Central Bank governor said on Saturday. Ziad Fariz told Reuters on the sidelines of a World Economic Forum (WEF) conference ...

Movie Review

Better Off Dead [DVD]

Better Off Dead [DVD]

Of all the teen comedies made in the 1980s--and there were oh so many--Savage Steve Holland's Better Off Dead stands on its own as a unique, kooky gem. Call it the nadir of teenage-embarrassment comedy, Better Off Dead strikes chords with anyone who has known and been able to laugh at middle-class American teenage angst at its worst. The fact that Holland manages to derive near-surr ... ...

On Facebook

  • Palestinian president urges investment to boost economy

    Palestinian president Mahmoud Abbas has called for investment and joint ventures in tourism, energy and industry to help improve the economic prospects and security of his ...

  • ‘Abenomics’ boosting Japan’s economy

    TOKYO - After years of grinding malaise, Japan suddenly has some of its bling back. A humbled Sony - once a titan of Japan Inc. - recently sprang back into the black for the first time in five years, courtesy of a plunging yen. Honda, another corporate icon, triumphantly announced a return to Formula One racing, rejoining an exclusive club of high-performance carmakers after having slunk away ...

  • Energy economics Whats next for gas prices

    Mark Thoma, a macroeconomist and time-series econometrician at the University of Oregon, discusses the future of gas prices and clean energy in an interview with ...

  • Improving economy changes political landscape

    FILE - In this May 15, 2013, file photo, President Barack Obama speaks on the Internal Revenue Service's targeting of conservative groups for extra tax scrutiny in the East Room of the White House in Washington. The economy is clearly, if slowly, recovering on Obama’s watch and robbing Republicans of a central argument against Democrats. But the alleged misbehavior by the Internal Revenue ...

  • Chidambaram seeks to demolish gold as a hedge against inflation

    International News: Indian Finance Minister P Chidambaram today sought to demolish gold as a hedge against inflation, saying many such investors are finding the going difficult ever since the price of gold plummeted to Rs 26,000 from over Rs 33,000 per ten grams last ...

More Economics News