United Kingdom GDP Report Disappoints, Forcing BOE to Rethink Monetary Policy

U.S. Deficit At All Time High

By: StockMarketsAnalysis

The US Budget deficit got up to 1.4 trillion dollars for this fiscal year. This nearly equals the deficit percentage of GDP during the 2nd World War. Analysts predict that there will be budget deficits over a trillion dollars until past 2011. Meanwhile new data was just released stating the over 71% of the U.S.'s GDP is consumer spending.

about 1 month ago

U.S. Urges Arab States to Lift Oil Exports to China

By: BiodunIginla

Monday, October 19, 2009 Article

about 1 month ago

China forecasted to be the world’s number 2

By: graffiti1982

China will beat Japan as the world’s 2nd largest economy in the next 2 years according to  analysts.  There was 9.5% growth in the 3rd quarter of 2009.  In 2010 or 2011, it is expected to topple Japan from its 40-year status as the 2nd biggest economy.  Its gross domestic product rose to $4.3 ...

about 1 month ago

New Study Shows Reducing Energy Intensity is Critical in Curbing CO2 ...

By: chnarendra

Reducing the amount of energy required to produce a unit of gross domestic product (GDP), particularly in the service sector, has been by far the greatest contributor to curbing emissions growth, according to a new World Bank study on changes in CO2 emissions.  Entitled Changes in CO2 Emissions from Energy Use: a

22 days ago