Ultra Tragedy: A case of false hope
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Each one of them had their eyes on what they want that day, a prize to bring home be it 300 pesos or 1 million pesos. They want an opportunity to change their fortune and improve their lives.
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Thursday, February 09, 2006
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Importance of Private Investment in Employment Creation and Growth - MENA-OECD Ministerial
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Despite the increase in private sector investment in the MENA region, approximately $10 billion in 2004, the growth of the MENA region as a whole remains slower than that of other developing country regions, prompting MENA countries to examine ways to make their economies more attractive.
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Tuesday, February 07, 2006
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Fed Rate Action Commentary From Swiss Re US Senior Economist
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After today's 25 basis point Federal Reserve increase in the target fed funds rate to 4.50 percent, Swiss Re's US senior economist Arun Raha commented, "this rate hike comes as no surprise -- the economy has been growing despite an inverted yield curve, high energy prices, and a squeezed consumer.
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Wednesday, February 01, 2006
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Eurozone and U.K. economic growth to rise in 2006, but sharp dollar fall a risk, says report
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The European economic recovery should continue in 2006, but a disorderly dollar depreciation remains a real risk, Standard & Poor's said today in its European Economic Forecast.
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Tuesday, January 31, 2006
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U.S. GDP Growth Slows Sharply in Q4
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After 4.1% growth in the third quarter, US GDP growth slowed to 1.1% in the fourth quarter of 2005, well below the median expectation of a 2.8% increase.
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Monday, January 30, 2006
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Economic Growth In The Middle East And North Africa Supports Ratings Improvements, Says Report
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Economic growth in the Middle East and North Africa (MENA) was strong in 2005, averaging 5% in real terms for the region as a whole, says a report issued today by Standard & Poor's Ratings Services.
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Wednesday, January 25, 2006
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No Housing Bubble Yet, But Worrying Signs Emerging
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While the recent rise in prices in the U.S. housing market is not currently indicating a bubble, the increases may be showing the emergence of one, according to a new report released by the Chicago-based Harris Economics Department.
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Wednesday, January 25, 2006
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ICCO World Report shows improved client understanding about value of PR in 20 countries
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Improved client understanding about the true value of PR has been cited as the key driver of PR agency revenue growth in twenty countries around the world, according to the latest ICCO World Report.
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Tuesday, January 24, 2006
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Middle East PC penetration levels lower than global average - Madar
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The Middle East needs to purchase six million more personal computers (PCs) to keep up with global PC sales figures as the level of PC penetration is much below the world average, with consumers collectively purchasing only one third of the PCs they need to have bought, states a comparative study by the Dubai-based Madar Research Group
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Saturday, January 21, 2006
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www.dailyreckoning.com: Can The Fed Prevent Japanese Investors From Sinking the U.S. Economy
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The Federal Reserve is losing its influence over America's economy, one expert warns, a fact highlighted by the recent chaos in the Japanese stock market.
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Saturday, January 21, 2006
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