MPC unanimous on rates decision

In Sickness and In Health

By: RKane1

The H1N1 novel flu virus, which prompted the World Health Organization to declare a pandemic state of emergency in June 2009, has remained active with confirmed infections on the rise in Ukraine, and more recently, Canada, and the United States. Ottawa, a Canadian province that has documented an unsettling spike in confirmed cases this week, was ...

15 days ago

The Falling U.S. Dollar Is A Good Thing

By: amalgam80

The strength of the U.S. dollar is in trouble. In March a $1.25 bought you 1 euro, now it takes $1.50. But I’m here to tell you that this may not be a bad thing, at this time.   Over the long term, a weaker dollar could narrow the long-running United States trade deficit, helping close the gap between exports and imports, as American ...

about 1 month ago

Time Isn't Money: Part 5 - What is GDP and Why It's Bad

By: u2consulting

Gross Domestic Product (GDP) measures the total economic output in terms of the value of goods and services of our country. It's supposed to correlate with our standard of living - but that, as we all know, has not necessarily improved over the past couple of decades (all things considered). It all depends how you value life, time and money, and ...

about 1 month ago

NTPC sale to fetch 1.8 billion dollars: Disinvestment Secretary

By: AMITOO2_44

A five percent stake sale of the state-run power producer National Thermal Power Corporation (NTPC) could fetch the government 1.8 billion dollars (81 billion rupees), Disinvestment Secretary Sunil Mitra said on Friday. Last week, the government mandated more sales of shares by state firms and changed the rules on how it can use the ...

25 days ago