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Oil retreats with weak economy
Oil prices fell Monday as investors remained concerned about a deepening recession and its impact on global demand for energy.
CNN Money

Consumer spending drops, factory decline eases
WASHINGTON (Reuters) - Factory activity contracted at a slower pace in January, data showed on Monday, providing a rare dose of good news for the battered economy, but other reports pointed to a deepening of the recession.
Reuters

France unveils $33B stimulus plan
French Prime Minister Francois Fillon unveiled further details Monday of a 26 billion-euro ($33 billion) business stimulus package which his government hopes can stall falling growth and prevent the country joining other major European economies in recession.
CNN

Tech won`t save the economy
In the 1970s microchips helped jump-start the economy. In the 1980s personal computers unleashed a wave of consumer and business spending. And in the 1990s the Internet gained steam just when the economy was at its bleakest, creating new companies, jobs, and investment opportunities.
CNN

Bradesco 4Q profit down 27 pct on loan slowdown
SAO PAULO (AP) - Brazil's Banco Bradesco SA said Monday that its fourth-quarter net profit fell 27 percent to 1.6 billion reals ($696 million) as the global meltdown hurt the loan business in Latin America's largest economy.
AOL

The Importance of a Forex Trade Personal Journal
Many newcomers to Forex trading online study some books and courses, and then plunge into active trading. Of course, most people would advise paper trading first on a live Forex account, and this may well be part of your preparation before trading for money.
ezinearticles.com

Carter report: missed opportunity and muddled thinking on UK broadband
Lord Carter's interim review on Digital Britain is not a bad report for the MPs and people who are clueless about the digital economy. As for the rest of us, it fails to tell us anything we haven't understood for a long time, and worse, it doesn't offer a grain of hope for the future. It seems to be a collection of outdated and outmoded thoughts and muddled thinking that fails to seize the essentials and present an aspirational UK vision.
Computer Weekly

Do you think the stimulus legislation, if it`s signed, will work?
Gustave wrote: Janet wrote: This bill is an outrage! We do not need more government jobs. The government has created the present problem with Freddie and Fannie! The pork in this bill stinks. Why should ACORN get money?????????? This government is dreadfully out of touch with the people who work in this great land. The debt we would incur is idiocy. Lower taxes and support small business. Get out of the health care business before you ruin it, too. The same is true of the auto industry. We have been the leader in the world's economy because capitalism works! Socialism fails, as is proof of Europe.I pray you senators will not vote for this ruinous stimulus bill. America has ALREADY failed, thanks to your far right lunatics you picked to run the country for most of the last 28 years.Both Bush and Reagan more than doubled US DEBT. And it was YOUR PARTY that has been in control of Freddie and Fannie for most of the last 28 years.Amazing how rightwingers
WSJ.com

Bailout Banks Sought More Foreign Workers
Even as the economy collapsed last year and many financial workers found themselves unemployed, the dozen U.S. banks now receiving the biggest bailouts requested visas for tens of thousands of foreign workers to fill high-paying jobs.
CBS News

Green Business is Growing, but Progress is Not Moving Fast Enough ... - Yahoo Finance
GreenBiz.com Report Assesses 20 Key Indicators of Green Business Performance OAKLAND, Calif., Feb. 2 /PRNewswire/ -- Green business activity has continued to grow, even during a down economy, but the aggregate environmental progress being made is ...
Feed Digest

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