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Economists: Mich. will keep losing jobs in 2010

Michigan's economy will improve in 2010, but only in comparison to what has been "one of the most brutal years in a generation," University of Michigan economists said Friday.

WVU forecast calls for employment rebound in 2010

The state economy should begin producing more jobs than it loses around the middle of 2010, West Virginia University predicted in its annual economic outlook Wednesday.

Indian PM hopes for 7 percent growth next year

The Indian government is pushing ahead with economic reforms aimed at achieving a growth rate of more than 7 percent next year but will make sure the benefits reach the poor, Prime Minister Manmohan Singh said Sunday.

Russian president: Economy sank more than forecast

Russian President Dmitry Medvedev said Sunday that Russia's economy was hit harder than expected by the global financial crisis, but Kremlin measures helped the country avoid the worst-case scenario.

Job losses overshadow recovery signs

Despite hopeful signs among this week's economic data,  the recovery from the worst downturn in decades remains hostage to the high jobless rate. By msnbc.com's John W. Schoen.

White House: G-20 summit will not be `victory lap'

Wary of complacency, President Barack Obama will urge a summit of world financial powers to stick with efforts to boost the global economy rather than abandon coordinated economic stimulus work, a top White House adviser said Wednesday.

UCLA forecast: Calif. economy slow through 2010

A UCLA forecast says California will continue to struggle with recession next year even though its high-tech industries will rebound.

Peres: Palestinian state first, full peace later

Israeli President Shimon Peres, a longtime advocate of peace with the Palestinians, said Friday that a comprehensive settlement resolving the century-old dispute was not currently achievable.

Economic troubles roil Africa

Amid signs the rest of the world may be recovering from the global financial crisis, Africa is still being hammered. South Africa's economy, the continent's largest, shrunk by another 3 percent in the second quarter, an omen that things may get even worse before they improve.

Recession works way into pop culture

The new HBO series “Hung” premiered this summer with scenes of abandoned Detroit factories and a voiceover lamenting how the city has gone to seed — along, we soon learn, with the life of the show’s protagonist, Ray Drecker.

IMF expects slow recovery from global recession

The global economy is beginning a sluggish recovery from its worst recession since World War II, the International Monetary Fund said Wednesday.

Large banks see recession ending by late summer

The nation's largest banks expect the economy to recover from its deep slump by late summer but remain weak until next year.

NCAA trimming costs, suspending dues

The NCAA wants to give schools an economic break.

UN predicts 2009 economic decline of 2.6 percent

The United Nations predicted Wednesday that the global economy will shrink 2.6 percent this year as a result of the world financial crisis — a considerably deeper downturn than the 0.5 percent contraction forecast in January.

Crisis spurs spike in 'suburban survivalists'

Six months ago, Jim Wiseman didn't even have a spare nutrition bar in his kitchen cabinet.

As downturn eases, economy hard to read

There seems to be general agreement that the steep slide in the global economy and financial markets is slowing down. There’s little consensus, though, on what happens next.

Hungary's economy to shrink by up to 6 pct in 2009

Hungary's new prime minister said Sunday that the country's economy would contract by as much as 6 percent this year, making new budget cutbacks and reforms necessary to keep the state budget in balance.

Jobs still roadblock on path to recovery

It’s still about jobs, jobs, jobs. Until the employment market starts showing signs of improvement, it will cast a pall over any “green shoots” of growth poking up through the destruction left by the worst economic meltdown since the Great Depression.

Italy's shaky finances jolted by quake

Italy's notoriously shaky finances are facing another jolt: the cost of recovery from the deadly earthquake that has left dozens of towns and villages in ruins.

Obama asks people not to get too down over economy

President Barack Obama is telling people worried about the economy not to "shortchange the future because of fear of the present."

Flood dampens North Dakota's economic success

North Dakota has largely escaped the recession, enjoying slow but steady growth and even a budget surplus. But as the floodwaters begin to recede, the swollen Red River still threatens to wash away some of that prosperity.

White House adviser confidence in economic rebound

"Incredibly confident."

IMF: World economy to shrink in 2009

The world economy is expected to contract in 2009 for the first time in 60 years and governments should do more to counter the downturn, the International Monetary Fund said Thursday.

Obama outlines economic summit priorities

President Barack Obama says he's confident interests will be aligned more than in the past when he meets with foreign leaders at an April summit to discuss the worldwide economic troubles.

Views of Obama, the stimulus, other worries

Some views of President Barack Obama's performance, the economic stimulus package and personal worries:

The Vine
Most states see higher jobless rates
Source: Google

"Unemployment rose in 29 states in the U.S. during October, hinting the threat posed by weak labor markets to the economic recovery might be growing.

Frum: Republicans are heading for a spectacular bloodbath in Florida
Source: CNN

David Frum, resident fellow at the American Enterprise Institute, was a special assistant to President George W. Bush in 2001-2002. He is the author of six books, including "Comeback: Conservatism That Can Win Again," and the editor of FrumForum.com.

Zombie Lies Don't Die ... WSJ Spins Discredited Claim that Programs for the Poor Caused Housing Crisis
Source: AlterNet.org

The idea that affordable housing initiatives were responsible for the crash is a widely discredited myth.

The Montana Town That Wanted To Be Gitmo
Source: TIME

Due to be mothballed, this state of the art prison center was approved by the powers that be, was built in good faith, and now sits empty. Why? Why would M.

Ocala's 'Economic Catastrophe' in Jobs - Taylor, Bean & Whitaker - - from Florida Trend, Florida's Source For Business News
Source: Florida Trend

In Ocala, Fl, you are either very rich or you are among the starving-poor. If, you cannot afford to take care of yourself, you are encouraged to leave by bus, if possible.

If I were the president of USA, I would (fill in here)...

If you were the president of USA, what would you do to make America better? Better as in economic sense, justice, quality of life, etc...

Fate Of Dems Majority Rests On Job Growth
Source: npr.org

When Barack Obama was elected president a year ago this week, the country was already mired in a long recession. But even his top economic advisers didn t know how bad things were going to get.

Cheney Blood Lust - Page 1 - The Daily Beast
Source: thedailybeast.com

A person of some intelligence makes a heroic effort to understand Cheney family.

Partisan Economics in Action
Source: The New York Times

For now, there is little reason to think the Republicans are on the verge of a Clinton-like reform. But it is hard to see how they can ultimately stick to their current platform. At some point, the government will have to figure out how to pay for the baby boomers' retirement.

The Economic Recovery is an Illusion
Source:

In light of the persistent exclamations of "an end" to the recession, a "solution" to the crisis, and a "recovery" of the economy; we must remember that we are being told this by the same people and insitutions whcih told us in years past, that there was "nothing to worry about," …

The Economic Recovery That Isn't!
Source:

While we were focusing our economy on consumer spending, much of the rest of the world was saving for the future. As such, we must begin to produce more for export, so we can sell goods to those who have the money to pay for them.

Man accused of tweeting cop actions at protests
Source: The Atlanta Journal-Constitution

A self-described New York City anarchist has been accused of tweeting the location of police officers to protesters trying to evade them during the Group of 20 economic summit in Pittsburgh.

The Public Health and Economic Benefits of Taxing Sugar-Sweetened Beverages
Source: New England Journal of Medicine

The consumption of sugar-sweetened beverages has been linked to risks for obesity, diabetes, and heart disease; therefore, a compelling case can be made for the need for reduced consumption of these beverages.

Senate drags feet on unemployment extension
Source: Examiner

More then a week past the House's passage of an extension for unemployment benefits and the Senate is mired in disagreement over the scope of the extension, all the while thousands lose their benefits.

Clinton: Iran can't prove peaceful nuke claim
Source: msnbc.com

Secretary of State Hillary Clinton says she doesn't believe Iran can convince the U.S. that its nuclear program is for peaceful purposes, putting Tehran on a course for more sanctions.

VOA News - World Leaders Rally in Support for Pakistan
Source: VOA News

President Barack Obama co-chaired a meeting of world leaders in New York Thursday aimed at generating political and economic support for Pakistan. The meeting coincided with U.S. Senate passage of a five-year non-military aid package for Pakistan.

Bridging The State Funding Gap - Second Stimulus

Bridging the State Funding Gap, Proposal 04-08-2009 National Economic Policy – Tax Cuts Coupled with Block Grants Reshaping Government Spending, by Gemand Consulting LLC

Iowa Film Tax Credit Program Suspended
Source: kcci.com

Well it looks like all the good things that the film industry was doing for Iowa is at the end. The state had a good thing going for it and the State Government decides to end it because of some issues other than fix those issues.

Portraits Of Hunger: Francisca Casiano (Guatemala) | United Nations World Food Programme - Fighting Hunger Worldwide
Source: WFP.org

This is Francisca Casiano - a 16 month old girl who's strong and healthy, unlike many other Guatemalan children.

The ACORN Saga: Another Argument for Transparency
Source: Center for Fiscal Accountability

These reflections from the Center for Fiscal Accountability come after last night's important U.S. Senate vote to strip funds from ACORN.

An Immoral Economic System
Source: globalresearch.ca

An immoral economic system compels a society's moral decline. Because of Congressional devotion to our traditional economic system, American government seems to have enshrined all the disadvantages and none of the advantages of democracy.

The World's Poor can Teach the US a Lesson about Money
Source: MarketWatch.com

He points out that in a world of $4-a-cup coffee, 1.4 billion people live on less than $1.25 a day, and 2.6 billion people live on less than $2 a day. Still, they manage to spend, borrow and -- yes -- save.

Health Care for the Benefit-less Work Force?

How can we have health care if the US's work force is losing more and more of their benefits everyday. Many companies used the economic downturn to axe their highest paid and well benefited work force.

Employees growing work gardens at eBay -
Source: ABC Local Affiliates

Bay Area-based eBay has found a way to provide employees with a host of benefits at a very low cost. It's giving workers a chance to raise their pay and raise workplace morale while raising crops at its San Jose campus.

Hawaii turns 50 amid commemoration, protest
Source: msnbc.com

Events for 50 years of statehood are being called a "commemoration" rather than a "celebration" out of respect to Natives and unresolved claims since the 1893 overthrow of the Hawaiian kingdom.

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