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The debt per capita for the state of Illinois exceeds $9000.
Linked Articles
Illinois Debt Takes Toll on Services, Study Finds
New York Times 10/24/2012
Report Details Threats to States' Fiscal HealthWall Street Journal 07/18/2012
Linked Articles
Geithner Memo Adds to Pressure on BOE
Wall Street Journal 07/13/2012
Geithner Wrote Libor Memo in 2008Wall Street Journal 07/14/2012
Rohani has attended theological seminary. He also attended law school in Tehran University and in Scotland where he completed master's and doctoral degrees in law. This gives him a unique understanding of the concept of the rule of law for an Iranian cleric. He cited his achievement of avoiding international sanctions as chief nuclear negotiator fo president Khatami, contrasting this with the Ahmadinejad years during pre-election televised debates.
Linked Articles
New Iran Leader Seen as Moderating Force
Wall Street Journal 06/16/2013
Iranâs Airliners Falter Under SanctionsNew York Times 07/13/2012
A decline in GDP is leading to lower tax revenues leading to a relaxation of deficit targets. Spain faces an unemployment rate of 27% in 2012
Linked Articles
Euro Zone Eases Budget Demand on Spain
Wall Street Journal 07/10/2012
Spain Braces for Renewed Austerity as Tax Take HemorrhagesUnknown 07/10/2012
The sharp decline in the U.S. and European manufacturing indexes in June 2012 with the slowdown in China and Europe.
Linked Articles
Sluggish Economy Plagues Europe
Wall Street Journal 07/03/2012
Factory Slump Reaches U.S.Wall Street Journal 07/03/2012
Linked Articles
Wall Street Journal 06/28/2012
Lie Bores Into Credibility of Barclays and the CityWall Street Journal 06/28/2012
Linked Articles
EU Reaches Deal on Bank Supervisor
Wall Street Journal 12/13/2012
Report Suggests ECB Bank SupervisionWall Street Journal 06/26/2012
The discussions in Rome between Mario Monti of Italy and the leaders of Germany, France, Spain, at the end of June 2012. Monti as respected mediator between the different sides and positions and the importance of productive discussions to the future of the Euro and the economies of Europe.
Linked Articles
Why Monti, despite Merkel, could prove the euro’s best hope - The Washington Post
Washington Post 06/24/2012
Amid crisis, leaders of Germany, France, Italy and Spain meet in Rome - The Washington PostWashington Post 06/22/2012
Monetary policy's diminishing effectiveness in the U.S. in 2012-2013.
Linked Articles
Wall Street Journal 06/21/2012
What Fed Move Means for Investors - Real-Time Advice - SmartMoneyUnknown 06/21/2012
The mild winter pulled jobs into the Dec-Feb. 2012 period from the March-May 2012 period, overstaing one and understating the other say experts. The drop in U.S. oil prices to $83 on June 1, 2012 should boost disposable income and personal spending acting as an offset to sluggish growth.
Linked Articles
Wonkbook: Don’t read too much into the May jobs numbers - The Washington Post
Washington Post 06/04/2012
Technically Speaking, Crude-Oil Prices in TroubleWall Street Journal 06/04/2012
Lenovo is emerging as China's global brand with a large presence in China and India, the two fastest growing markets.
Linked Articles
As Rivals Outsource, Lenovo Keeps Production In-House
Wall Street Journal 07/09/2012
PC Firm Lenovo Hunts For Brazil AcquisitionsWall Street Journal 05/29/2012
The report calls the disaster "a profoundly man-made event," and "a disaster 'Made in Japan,' " citing cultural factors that contributed to the accident. It is sharply critical of TEPCO and the Japanese government's response. Both the report and the testimony of the prime minister at the time of the accident, Naoto Kan, refer to the 'nuclear bloc' or 'nuclear village' in Japan that promotes nuclear energy. Some of its actions are dangerous to safety, such as locating the nuclear safety agency NISA inside the same ministry that promotes nuclear power, a critical flaw. Ironically Germany made the decision to make a gradual shift out of nuclear power after looking at the Fukushima nuclear plant disaster and near collapse in Japan, while Japan is reactivating its nuclear plants to meet energy needs without having obtained public confidence in the system of nuclear energy including the essential safety actions. The result is a profound credibility gap about the nuclear plant industry, and public opposition in Japan.
Linked Articles
Report blasts Japan’s preparation for, response to Fukushima disaster - The Washington Post
Washington Post 07/06/2012
Japan's Ex-Premier, Naoto Kan, Condemns Nuclear PowerNew York Times 05/28/2012
A White House aide says election advisor David Plouffe's influence affected "everything" in the Obama White House. Tom Friedman points to the influence of campaign consultants on the White House as overreaching and pervasive, going so far a to describe the campaign being developed in test tube fashion. Karl Rove pointed to president Obama keeping an eye on reelection 18 months before Nov. 6, 2012, as not a positive development. Friedman specifically mentions president Obama's failure to endorse the Simpson-Bowles commssion on deficit reductions as part of the imprint of election advisors because reducing tax expenditures or deductions might prove politically unpopular. Yet this was part of responsible governance to take on unpopular positions- something other presidents, including Democratic president Truman, did not fail to do choosing instead to educate pubic opiion on difficult steps needing to be taken. Truman took the decisions head on such as confronting the soviets in Greece and other parts of Europe and in Korea after the fall of the Iron Curtain, so soon after a major war when the public was weary of conflict.
Linked Articles
Obama Adviser's Strategy Is High Risk, High Reward
Wall Street Journal 10/31/2012
President Obama Should Seize the High GroundNew York Times 05/26/2012
Illinois's per capita debt exceeds $9000.
Linked Articles
Wall Street Journal 10/25/2012
Report Details Threats to States' Fiscal HealthWall Street Journal 07/18/2012
Conditions and factors driving a steeper sales decline for Opel and Ford in Europe.
Linked Articles
GM Sees Expanded European Losses
Wall Street Journal 07/16/2012
Ford's Europe Sales DiveWall Street Journal 07/13/2012
Changes in orders and cancellations by Quantas, China Eastern and other airlines as a result of long delays in the Dreamliner 787 program.
Linked Articles
Boeing 787 Profit Plan Strained by Order Cut
Wall Street Journal 08/24/2012
Hit by Delays, Airbus Tries New Way of Building PlanesWall Street Journal 07/11/2012
Merkel possesses the rare trait in leaders to learn and grow during crises. After slow action during the early period of the eruozone crisis Merkel showed leadership as the crisis progressed. She took a lot of criticism early in the crisis and adapted her position to show flexibility and courage to point a way out.
Linked Articles
Fifty Years Later, a New Chance for Reconciliation
Wall Street Journal 07/06/2012
Matthew Kaminski: The Accidental Architect of a New EuropeWall Street Journal 09/25/2012
Linked Articles
European Central Bank Head, Draghi, Has New Powers
New York Times 07/02/2012
Doubts Greet Plan for Euro Zone Bank RegulatorNew York Times 07/01/2012
Linked Articles
Barclays Executives Are Said To Know of Low Rates
New York Times 07/02/2012
Lie Bores Into Credibility of Barclays and the CityWall Street Journal 06/28/2012
Wasteful spending, cronyism, corruption and lack of transparency in local government marked the years of the construction and real estate boom in Spain. Now grassroots efforts are taking place across Spain to clean up accounts, ensure transparency, and divert wasted resources to meet vital needs. Similiar efforts are taking place from Thessaloniki, Greece, to Sicily, Italy, as Europ faced with high unemployment and austerity cuts comes up with its own efforts for renewal from the bottom up setting the political elites aside.
Linked Articles
Europe's Recession Sparks Grass-Roots Political Push
Wall Street Journal 05/21/2013
A Spanish Leader Emerges as a Crusader for AusterityWall Street Journal 06/25/2012
Linked Articles
Wall Street Journal 06/22/2012
A Sober New Reality in Credit Downgrades for BanksNew York Times 06/22/2012
Melissa Eddy of the NYT provides these two exceptional accounts of Germany's national priorities gone awry as the economic revival takes place in manufacturing, but leaves behind important areas such as early childhood education and child care centers. A lack of investment in the people who form the backbone of the educational system, is one of the forms of the distorted priorities. It may be recorded as the singular lapse of the Merkel administration in the last decade.
Linked Articles
German Child Care Workers’ Strike Brings Debate on Priorities
New York Times 06/05/2015
Germany Considers Subsidies for Non-State Child CareNew York Times 06/06/2012
The aging of vehicles to about 10.8 years on average for vehicles on the road in the U.S. is supporting a reovery in the automobile market in 2012. The strong recovery for Japanese automakers in the U.S. is reducing the advantage of American automakers who benefitted from the shortages of Japanese cars after the tsunami in Japan in 2011. The recovery for Japanese automakers is uneven with Toyota doing better than Honda in the U.S.
Linked Articles
May Car Sales Keep Up Healthy Pace
New York Times 06/01/2012
U.S. Auto Sales Keep RisingWall Street Journal 06/02/2012
These cities are being squeezed by high unemployment and declining incomes from lower paid manufacturing jobs. This makes college education more elusive than ever, and much worse so with the over $1 trillion in college debt in the U.S with spiralling cost of higher education. Vocational training in higher paid fields for families that cannot afford college and children who are not likely to go to college, is the only way not to leave behind a generation of growing children behind in these cities. It is an issue of the utmost importance for renewing America's smaller cities that do not have the advantages of San Francisco, Washington D.C. and Raleigh, S. Carolina, with their advanced university and technology hubs and access to finance.
Linked Articles
As College Graduates Cluster, Some Cities Are Left Behind
New York Times 05/30/2012
It’s time to drop the college-for-all crusade - The Washington PostWashington Post 05/28/2012
The additional investments in steel production from the Stimulus in 2012- with the accelerated approval of 254 investment projects- will only worsen the glut in steel supplies.
Linked Articles
China’s stimulus policy means trouble down the road - The Washington Post
Washington Post 05/31/2012
Steeling for a Chinese SlowdownWall Street Journal 05/26/2012
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