Category: Economics
Economics:
China alarmed by US money printing
The US Federal Reserve's policy of printing money to buy Treasury debt threatens to set off a serious decline of the dollar and compel China to redesign its foreign reserve policy, according to a top member of the Communist hierarchy.
Source: http://www.telegraph.co.uk/finance/economics/6146957/China-a...
Economics:
UN wants new global currency to replace dollar
The dollar should be replaced with a global currency, the United Nations has said, proposing the biggest overhaul of the world's monetary system since the Second World War.
Source: http://www.telegraph.co.uk/finance/currency/6152204/UN-wants...
Economics:
"Capitalism is evil," says new Michael Moore film
Capitalism is evil. That is the conclusion U.S. documentary maker Michael Moore comes to in his latest movie "Capitalism: A Love Story," which premieres at the Venice film festival Sunday.
Source: http://www.reuters.com/article/lifestyleMolt/idUSTRE5850F320...
Economics:
Swedish Meathballs
In his review of Swedish socialism, British correspondent for The Observer, Roland Huntford, drew from his experience living in Stockholm. He described Sweden as a fit for the willing slavery of the dupes described in Aldous Huxley’s Brave New World, and quoted the foreword of a later edition of that classic:
Source: http://www.americanvision.org/the-american-vision-blog/swedi...
Economics:
Canada adds 27,100 jobs in August
Canada added a better-than-expected 27,100 jobs in August, one of the biggest gains since the recession began in the country last fall.
Source: http://finance.yahoo.com/news/Canada-adds-27100-jobs-in-apf-...
Economics:
Jobless rate at 9.7 pct.; 216K jobs lost in Aug.
Unemployment rate rises to 9.7 percent in August, highest level in 26 years; 216,000 jobs lost
Source: http://finance.yahoo.com/news/Jobless-rate-at-97-pct-216K-ap...
Economics:
Food stamp list soars past 35 million: USDA
More than 35 million Americans received food stamps in June, up 22 percent from June 2008 and a new record as the country continued to grapple with the worst recession since the Great Depression of the 1930s.
Source: http://www.reuters.com/article/domesticNews/idUSTRE5825OT200...
Economics:
Man's Finger Bitten Off in Scuffle at Health Care Rally
A 65-year-old man had his finger bitten off Wednesday evening at a health care rally in Thousand Oaks, according to the Ventura County Sheriff's Department.
Source: http://www.ktla.com/news/landing/ktla-finger-bitten-rally,0,...
Economics:
Obama's Classroom Campaign: No Junior Lobbyist Left Behind
"ABC" stands for All Barack's Children. On Sept. 8, young students across the country will be watching television. Yes, they'll be parked in front of boob tubes and computer screens watching President Obama's address on education.
Source: ...
Economics:
US commander in Afghanistan calls for new strategy
More troops and a new strategy for using them are emerging as critical components to the 8-year-old effort by U.S. and NATO forces to defeat the Taliban and secure Afghanistan.
Source: http://apnews.myway.com/article/20090901/D9AEFI1G0.html