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Economy

China: Flexible yuan won’t rebalance world economy (AP)

June 21st, 2010

A Chinese clerk counts renminbi banknotes at a bank outlet in Hefei in central China's Anhui province, Sunday, June 20, 2010. China's central bank said Sunday it would maintain a stable exchange rate and didn't anticipate major changes in the value of the yuan, a day after saying it would manage the currency more flexibly. (AP Photo) ** CHINA OUT **AP - China says plans to allow greater flexibility in its currency are in line with its own interests but will do little to rebalance world growth without a fundamental…

Dutch voters lean right on economy, immigration (AP)

June 9th, 2010

Conservative VVD party leader Mark Rutte, leading in opinion surveys on a deficit-busting, tough-on-immigration platform, casts his ballot in general elections in The Hague, Netherlands, Wednesday, June 9, 2010. Voters go to the polls in election offering a choice between a Labor Party preaching traditional Dutch tolerance and a slew of right-leaning parties advocating a crackdown on immigration. The free-market VVD party leads polls thanks to its strong economic credentials, the anti-Islam Freedom Party and its leader Geert Wilders also hope to book large gains. (AP Photo/Evert-Jan Daniels)AP - Voters appeared likely to shift the Netherlands to the right in national elections Wednesday dominated by concerns over the rising national debt and discontent over immigration.


Tags: discontent, voters,…

As Irish Aid Ship Heads to Gaza, Local Economy Plods On (Time.com)

June 4th, 2010

Palestinians listen to Gaza Hamas Prime Minister Ismail Haniyeh, not seen, as he delivers a talk during Friday prayers at the Al-Omari mosque in Gaza City, Friday June 4, 2010. Tensions are high in the aftermath of an Israeli naval raid targeting an aid flotilla to Gaza that killed nine pro-Palestinian activists, mostly Turks, in the ensuing clash. Israel's blockade of the Gaza Strip was imposed after the militant Hamas group violently seized power in the territory three years ago. Israel says the blockade is meant to keep weapons out of Gaza and to put pressure on its Hamas rulers. (AP Photo/Lefteris Pitarakis)Time.com - A visit to the Palestinian coastal enclave of Gaza shows a humanitarian crisis as well as an economy that manages to tick on despite the Israeli-Egyptian blockade


Tags: Economy,…

How Cameron’s U.K. Coalition Stands on Defense, Economy (Time.com)

May 17th, 2010

Time.com - Compromise will be the key to determining how the new Conservative-Liberal Democrat coalition will answer major policy questions

Tags: defense, Cameron’s, U.K., Economy, Time.com, coalition, stands

Brown goes for broke in final TV economy debate (AP)

April 29th, 2010

Representatives from a bookmakers walk with greyhound racing dogs and wear masks depicting the main political party leaders, from left to right, Britain's Prime Minister and leader of the Labour party Gordon Brown, the opposition Conservative party leader David Cameron and the Liberal Democrats party leader Nick Clegg, by the Houses of Parliament in London, Monday, April 26, 2010.  Britain will hold a national election on May 6. (AP Photo/Matt Dunham)AP - Britain’s Prime Minister Gordon Brown scrapped for his political future in the country’s final TV election debate on the economy — the most combative showdown yet where he…

Lengthy eruption would put economy under a cloud (AP)

April 20th, 2010

A British Airways jet is parked at John F. Kennedy International Airport, Tuesday, April 20, 2010, in New York. Many European flights took to the skies Tuesday for the first time in days but the travel chaos was far from over: London's airports remained shut, a massive flight backlog was growing and scientists feared that history could repeat itself with yet another volcanic eruption in Iceland. (AP Photo/Mark Lennihan)AP - Even as Europe’s dormant airports sputter back to life, prudent travelers and businessmen should ask: What if Iceland’s volcano erupts again?


Tags: cloud, under, eruption, Economy, would, Lengthy

NKorea’s parliament likely to focus on economy (AP)

April 8th, 2010

AP - North Korea’s rubber-stamp parliament convenes an annual session Friday expected to show solidarity and perhaps indications of the impoverished and reclusive nation’s future leadership and economy.

Tags: Economy, NKorea’s,…

Economy the focus as China political session ends (AP)

March 13th, 2010

Delegates rise to sing the Chinese national anthem during the closing session of the Chinese People's Political Consultative Conference (CPPCC) in Beijing's Great Hall of the People, China, Saturday, March 13, 2010. China's top parliamentary adviser said Saturday that keeping the economy stable and steady must remain the government's biggest priority this year. (AP Photo/Alexander F. Yuan)AP - Mao Zedong’s grandson couldn’t have put it more simply. China’s biggest challenge? “Economic development,” he said, as the nation’s most public political meetings end with sweeping goals to…