Jamaica cuts growth forecast to 1 percent

A top Jamaican finance official is warning of tougher times to come in the Caribbean country.

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Gordon Brown is facing growing embarrassment over Britain's recovery after it became the world's only major economy still in recession as America returned to growth in the third quarter.

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The law of unintended consequences will not be kind in this regard to our economy.

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IBM has voiced its support for the "swift passage" of patent reform legislation. According to Big Blue, the Patent Reform Act of 2009 will help bolster US competitiveness in the global economy and stimulate economic growth.

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AS leaders of the world's largest economies gather today in Pittsburgh for the Group of 20 meeting, people in the world's poorest countries will likely look on with a mix of hope and trepidation, wondering whether their needs will figure in the deliberations at all.

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But at some point beyond that, taxation becomes nothing more than legalized stealing. Obviously, people will differ over where exactly that point is, but no rational person disputes that such a point exists.

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"U.S. job losses softened last month but the unemployment rate soared to its highest level since June 1983, proving that it will take some time for the ailing labor market to recover from the worst financial crisis in decades.

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Science enjoys the best and the worst of times today, celebrated as the secret sauce behind economic growth, but embattled in high-profile areas such as climate change, stem cells and evolution.

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To advocate a new, robust stimulus package, as in my last column, invites some predictable comments. Government is inefficient, politically motivated in its choice of winners and losers, and out to pad its own wallets.

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China's hydro-engineering projects and plans are a reminder that Tibet is at the heart of the India-China divide. Tibet ceased to be a political buffer when China annexed it nearly six decades ago. But Tibet can still become a political bridge between China and India...

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Cuba ordered austere energy savings to cope with rising budget deficits and plummeting export profits, and the Communist Party lowered 2009 economic growth projections.

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Wow, $3.7 trillion dollars sitting on the sidelines. No wonder there is no growth out there. People are hoarding cash because no one knows where the current administration is actually going with policy. Until this all gets worked out, expect no growth.

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Former President Bill Clinton will be named special U.N. envoy to this impoverished Caribbean nation that has been mired in political and social turmoil for decades, his spokesman said Monday.

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I believe in social darwinism, and no that does not mean everyone dies. It means you adapt and find some way to survive, be it working harder or learning to beg for charity better.

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Jacob Zuma, who will be formally elected president of South Africa by the parliament on Wednesday, is a larger-than-life figure.

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This consensus optimism is, I believe, not supported by the facts.

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Some 2,000 demonstrators demanded the Georgian president's resignation Sunday, protesting for the fourth straight day as most opposition leaders said talks to end the standoff were no longer an option.

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The real sense in which we should strive for energy independence is somewhat different—and far more ambitious. We need an energy policy that understands that the world is going to require much more energy in the future. The math is pretty simple.

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How do you expect the ongoing recession to affect sustainable business efforts, such as reducing pollution, water consumption, and energy use? Are businesses turning away from corporate responsibility?

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Conservatives are already propagating various myths about the budget; The Progress Report offers these debunks:

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My guess is that in a few months as the full import of the recession becomes obvious, a lot fewer people will be characterizing the stimulus as "massive".

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A great article about ways to actually get the economy going vs the fiscal cocaine (otherwise known as the stimulus package) that is currently being deployed.

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The Psychology of Economic Growth - Growth is fettered in attitude. Do some people not wish to "improve their standard of living"? Is there a cost to it?

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You have certainly heard, several thousand times, that tax cuts lead to economic growth. That's not true. Moderate tax cuts lead to a flat economy. (The Johnson tax cuts, usually misnamed the Kennedy tax cuts, lead to 16 years of virtually no growth.)

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The worst job market in a generation sets up a difficult test for Barack Obama: how closely to align himself with organized labor at a time when reviving economic growth is the top national priority. It's a question that the incoming president will have to address directly in  …

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In a throwback to the 1930s and 1970s, Demo­cratic lawmakers are betting that America's economic ills can be cured by an extraordinary expansion of government. This tired approach has already failed repeatedly in the past year, in which Congress and the President:

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