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The Indian government's plan to bring the deficit down over 5 years to 3% in 2017
02/14/2012
In response to the policy of the Reseve Bank of India (RBI), India's central bank, to hold off on interest rate changes till the government takes action in reducing the deficit, the Indian government lays out a plan to bring the deficit down to 3% by 2017, and 5.3% in the fiscal year ending March 2013. The government is under pressure to come up with an economic strategy to deal with the slowing economy with growth forecasts lowered to 5-6.5% for 2012. The risk of India's credit rating being being lowered to junk status and drastic slowdown in foreign investment is creating a crisis atmosphere after a period of indecison.
Linked Articles
India Lays Out Deficit Targets
Wall Street Journal 10/30/2012
Indian Central Banker Hits His Government's SpendingWall Street Journal 02/14/2012
The need for U.S. leadership 2016-2020 with the crises in Europe and the Middle East
02/11/2012
Linked Articles
U.S. leadership matters today, just as it did after World War II - The Washington Post
Washington Post 03/28/2016
Why the World Needs AmericaWall Street Journal 02/11/2012
Changes to labor laws in Italy and Spain to increase competitiveness and accompanying culture change (1)
02/10/2012
The significant changes underway in labor laws that should increase productivity and competitiveness of Spain and Italy. The need for the culture change that goes with this.
Linked Articles
Italy Official Seeks Culture Shift in New Law
Wall Street Journal 06/27/2012
Spain Approves Changes to Labor PolicyNew York Times 02/10/2012
Increasing competitiveness and culture change in Italy and Spain (2)
02/08/2012
Linked Articles
Spain Plans to Burn Its Bridges to Keep Vacationers on the Job
Wall Street Journal 02/08/2012
Italy Official Seeks Culture Shift in New LawWall Street Journal 06/27/2012
Lower incomes in manufacturing and a general lowering of expectations in U.S. midwestern states like Ohio, Michigan, Indiana, Illinois and Wisconsin (2)
02/02/2012
Linked Articles
Ohio economy improving, but residents can’t feel it - The Washington Post
Washington Post 08/08/2012
Oil Patch Bucks Income DropWall Street Journal 02/02/2012
Spain's high jobless rate of 23% in 2011 and new labor laws to make it easier to hire workers
01/28/2012
Linked Articles
In New High, Spain's Jobless Rate Nears 23%
Wall Street Journal 01/28/2012
Spain Approves Changes to Labor PolicyNew York Times 02/10/2012
Spending by regional governments and the deficit in Spain
01/18/2012
Under Spain's decentralized system of government regions prove education, healthcare and other services. The 2011 deficit target in Spain was exceeded largely because of spending by local governments. The new government of Mariano Rajoy has announced moves to control regional spending.
Linked Articles
Madrid to Curb Spending by Powerful Regions
Wall Street Journal 01/18/2012
Spanish Regional Governments to Get AidNew York Times 01/19/2012
Larger impact on Eurozone countries of oil price increases in 2012
01/06/2012
The decline in the value of the euro increases the impact of higher oil prices in 2012. It also comes at a bad time.
Linked Articles
Fears of a 2008 Repeat for Oil
Wall Street Journal 03/18/2012
Beware Strait Talking on OilWall Street Journal 01/06/2012
The wide divergence between ADP jobs estimates and Labor Department BLS figures in 2010-2014
01/05/2012
Linked Articles
Jobs Data May Be Icing on America's Birthday Cake
Wall Street Journal 07/03/2014
Strong ADP Jobs Gain Needs Grain of SaltWall Street Journal 01/05/2012
Protecting German taxpayers in eurozone bailouts- German chancellor Merkel and how she called the bluffs of European banks in 2011 and Cyprus in 2013
12/30/2011
Linked Articles
Wall Street Journal 03/26/2013
Deepening Crisis Over Euro Pits Leader Against LeaderWall Street Journal 12/30/2011
Renewed warnings in 2013-2014 for the housing price bubble in China (2)- from the editors of Xinhua news agency and The Washington Post
12/24/2011
Linked Articles
New York Times 07/17/2012
We all have a stake in China’s real estate bubble - The Washington PostWashington Post 12/24/2011
Feldstein and Krugman offer their views on China, the years of hypergrowth and the problems now facing China in 2013-2014
12/18/2011
Linked Articles
New York Times 12/18/2011
China's Biggest Problems Are Political, Not EconomicWall Street Journal 08/02/2012
The U.S. unemployment rate and the long term unemployed dropping out of the labor market (2)- 2011-2013
12/12/2011
Ezra Klein points out that the real unemployment rate in November 2011 was 11%- when taking into account the long term unemployed dropping out of the labor market- not about 9%.
Linked Articles
Piecing Together the Job-Picture Puzzle
Wall Street Journal 03/12/2012
Wonkbook: The real unemployment rate is 11 percent - The Washington PostWashington Post 12/12/2011
Why the world needs America as a champion of liberal democracy and a leader maintaining the peace in Asia and Europe
02/11/2012
Linked Articles
Yes, America Should Be the World’s Policeman
Wall Street Journal 11/14/2014
Why the World Needs AmericaWall Street Journal 02/11/2012
Mario Monti and the future of the European Union
02/10/2012
Monti on more democracy in the European Union with more power for the European Parliament, and the enduring quality of the EU becaus it is in the interests of Germany.
Linked Articles
Italyâs Leader Is Optimistic About Greece and Euro
New York Times 02/10/2012
Italy's Leader Warns EU Needs Better DemocracyWall Street Journal 02/16/2012
Policy response in Spain and France to increasing temporary workers and high youth unemployment- 2012-2013
02/10/2012
Linked Articles
France Pins Hopes on Youth Jobs Plan
Wall Street Journal 12/25/2012
Spain Approves Changes to Labor PolicyNew York Times 02/10/2012
China's declining competitiveness with price increases for land, labor and electricity (2)
02/06/2012
The return of jobs and manufacturing plants from China to Mexico and the U.S. as China's competitiveness declines.
Linked Articles
Made in China Is Getting Expensive
Wall Street Journal 08/10/2012
China's Export Pain May Be Mexico's GainWall Street Journal 02/06/2012
Research in motion's Blackberry faces steady decline with slow sales of Blackberry 7 smartphones
01/28/2012
Blackberry takes a $267 million writeoff on unsold Blackberry 7 model phones at retail stores in March 2012. After new CEO Thorsten Heins took over his strategy was to put put more of the new Blackberry 7 model phones into user hands. The failure to compete with new Android phones and the Apple iPhone places Research in Motion into a position from which it will be hard to recover.
Linked Articles
Wall Street Journal 03/30/2012
New RIM Chief Plots OverhaulWall Street Journal 01/28/2012
The army and the judiciary supporting democratic processes in Pakistan (1)
01/22/2012
Linked Articles
Pakistan Vote to Test Army's Willingness to Cede Power
Wall Street Journal 05/09/2013
Pakistan High Court Widens Role and Stirs FearsNew York Times 01/22/2012
Obama's 2012 presidential campaign and weak support from financially struggling white voters
01/13/2012
By a 26% margin financially strapped white voters affected by high unemployment favor Romney over Obama. This is wider than the 18% margin by which Obama, Kerry and Gore lost this group in prior elections. It will be crucial in states such as Ohio, Pennsylvania, Wisconsin and Michigan which were hard hit by the economic downturn.
Linked Articles
Romney holds key advantages among financially struggling white voters - The Washington Post
Washington Post 05/25/2012
White Blue-Collar Vote May Be Crucial in ElectionNew York Times 01/13/2012
Steadily growing automobile market in China in 2014-2015 (4)- the buyer preference for better quality of foreign carmakers hurts local carmakers Geely and Cherry
01/06/2012
Linked Articles
Chinese Car Makers Struggle to Lure Buyers
Wall Street Journal 04/21/2014
Car Makers Gauge Shift In China's Auto PolicyWall Street Journal 01/06/2012
The impact of large fuel subsidies on infrastructure development and economic growth - Venezuela and Nigeria in 2012-2014
01/03/2012
Linked Articles
Almost-Free Gas Comes at a High Cost
Wall Street Journal 04/12/2013
Nigeria Braces for Gas-Price ProtestsWall Street Journal 01/03/2012
The passage of the unpopular sales tax hike and political uncertainty in Japan
12/27/2011
Critics say the Democratic Party of Japan should have invested efforts in its election promises to cut wasteful spending. Polls show a majority of Japanese oppose the doubling of the sales tax to 10%.
Linked Articles
Vote Ensures Japan Will Double Sales Tax to 10%
Wall Street Journal 06/27/2012
Tokyo's Move to Raise Tax Hits SnagWall Street Journal 12/27/2011
Renewed warnings in 2013-2014 for the housing price bubble in China (1)- Krugman, Nomura's Zhang and Chen
12/18/2011
Linked Articles
New York Times 12/18/2011
Economists: China Mirrors U.S. on Eve of Financial CrisisWall Street Journal 03/18/2013
Sberbank's dominant position in Eastern Europe after withdrawal by Western European banks
12/13/2011
Russia's Sberbank acquires the Eastern European operations of Volksbank of Austria.
Linked Articles
Sberbank Looks to Buy Banks in Eastern Europe
New York Times 04/13/2012
Europe's Banks Retreat From the EastWall Street Journal 12/13/2011
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