How to avoid the worst economic recession in decades: What to know about the worst downturn in decades

How to avoid the worst economic recession in decades: What to know about the worst downturn in decades

Posted February 10, 2018 04:12:47 The worst recession in U.S. history began in 2000, when the global financial crisis and the Great Recession triggered a devastating recession that wiped out more than three quarters of the economy.The Great Recession has been receding ever since.The unemployment rate has been declining for seven straight months, and the […]

What the world will look like when all the EU members exit: EU budget talks

What the world will look like when all the EU members exit: EU budget talks

The EU’s economic future depends on all of the 28 member states remaining together.But if there is a breakdown, it could be a huge headache for the European project.The crisis began when Greece, a member of the EU since 2004, began defaulting on its debts.Its bailout fund, the European Stability Mechanism, was unable to cover […]

How to spend $2.3 billion on Minnesota’s largest city

How to spend $2.3 billion on Minnesota’s largest city

A metro Minneapolis developer plans to spend a record $2 billion building a new hotel and office complex, a project that is likely to be the biggest financial boon for the city.Citibank Properties, which is redeveloping the former Minnesota State University Minneapolis-St. Paul campus, plans to build a $1.6 billion hotel, a $250 million office […]

How to tell the difference between the two major parties

How to tell the difference between the two major parties

Hillary Clinton, Donald Trump, and Bernie Sanders have each been running for president for three consecutive terms.The question is, how do you tell the two different candidates apart?If you want to learn how to tell a difference, here’s a guide.The candidates are essentially the same, with the notable exception of the positions they hold on […]

When it comes to marijuana, the U.S. can’t be all things to all people

When it comes to marijuana, the U.S. can’t be all things to all people

Marijuana can be a good medicine, but the federal government is letting a lot of it go to waste.Here’s how the feds treat the drug and why, with the help of a handful of marijuana experts.

Trump administration seeks to stop Trump from leaving China

Trump administration seeks to stop Trump from leaving China

The United States is moving to cut off ties with China, seeking to halt the president’s efforts to leave the country as tensions escalate over North Korea’s nuclear weapons program.The White House announced Monday that it was sending a letter to the Chinese government urging the Chinese leadership to prevent the United States from engaging […]

India to install 3,000 new cement factories by 2020

India to install 3,000 new cement factories by 2020

India is set to spend about $3 billion on cement manufacturing over the next five years, Finance Minister Arun Jaitley said on Wednesday.India’s total cement output is expected to reach 7 million metric tons by 2020, or 1.5% of the global market.The government will spend about 30 billion rupees ($4.7 billion) on cement for the […]

The US economy added 1,000 jobs last month, but the jobs lost to hurricanes Harvey and Irma show that there are still many Americans still without work

The US economy added 1,000 jobs last month, but the jobs lost to hurricanes Harvey and Irma show that there are still many Americans still without work

The US economic growth in September was mostly driven by hiring and the economy added just 1,100 jobs, according to the US Bureau of Labor Statistics.That’s the lowest number since October.The unemployment rate hit 7.3 percent in September, the lowest level since February of 2017.The jobs added to September were mostly part-time and part-year positions.The […]

Tanzania’s economic situation ‘a bit of a mess’ – TNA reporter

Tanzania’s economic situation ‘a bit of a mess’ – TNA reporter

TNA’s Ross McMath reports that Tanzania’s economy “a bit…a mess” as the country’s president, John Magufuli, announced last week that he is stepping down in 2018.He was re-elected with 58 per cent of the vote.TNA President John Magiulmu-Tsegay says he will step down in October, 2018, at the end of his term, after serving two […]

How to read the IMF’s new figures – ABC News

How to read the IMF’s new figures – ABC News

Posted February 06, 2020 06:08:48As the IMF announced its first annual report to the UN on Wednesday, we had a brief look at some of the findings.The IMF said that the world economy has shrunk in the second quarter of the year, but that it was the weakest since the crisis of 2008.And that’s an […]

Sponsorship Levels and Benefits

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