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Job growth in the Southwest is cooling, Dallas Fed says Although economic growth in the Southwest region outpaced the nation in April and May, the regional economy continued to slow, reports the Federal Reserve Bank of Dallas. BizJournalsRegions and territories: ZanzibarBBC Regions and territories: SomalilandBBC In Switzerland, A Health Care Model For America? Switzerland's health care system could be the perfect political compromise for the U.S. Those who can afford to buy insurance are required by law. For those who can't, the government provides subsidies. Swiss citizens, like Cecile Crettol-Rappaz, say they wouldn't trade it for any other system. NPRD-8 Must Kick Start Projects To Enhance Group By Mikhail Raj Abdullah KUALA LUMPUR, July 2 (Bernama) -- Since the last summit of the Group of eight developing Islamic countries (D-8) in Bali, the global economic dynamics have changed drastica... India GazetteEconomic Report: Consumer delinquencies increase in first quarter, bankers say Higher delinquency rates for home-equity lines of credit and bank cards during the first quarter reflecting ongoing stress in the nation's housing market as well as general economic weakness, according to American Bankers Association data. MarketWatch.comConsumer delinquencies rise in first quarter: ABA WASHINGTON (MarketWatch) -- Delinquency rates for home equity lines of credit and bank cards rose during the first quarter, the American Bankers Association reported Wednesday, citing ongoing housing market stress and general economic weakness. On a seasonally adjusted basis, the percentage of HELOC accounts more than 30 days past due rose 14 basis points to 1.1%, reaching the highest rate recorded since ABA started the series in 1987. Delinquencies for bank cards - credit cards provided by a bank -- rose 13 basis points to 4.51% in the first quarter, compared with the five-year average delinquency rate of 4.40%. MarketWatch.comIndian Stocks Plunge Due to Political Turmoil and Inflation FearsVoice Of America Economy to see high inflation, slower growth in `08: NCAER The National Council of Applied Economic Research further says the inflationary pressures are likely to ease in the longer-term as the supply-side scenario improves. The Times Of IndiaOfficial poverty measure undercounts the nation`s poor An alternative, more comprehensive measure of poverty reveals shortcomings in the official poverty rate measurements used by the U.S. government. This week's Economic Snapshot compares the two measures and illustrates how the alternative measure, which incorporates recommendations of the National Academy of Sciences, shows higher and faster growing poverty rates. Economic Policy Institute1 2 |
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