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Volcker says US markets need more supervision While massive government intervention has contained the nation's economic crisis, structural reform and increased oversight of financial markets are necessary to avoid a repeat of the 'Great Recession,' former Federal Reserve Chairman Paul Volcker said Friday. SignOnSanDiego.comWorst recession since 1950s stokes tension in Downing St . Rift between No10 and Treasury. Tories attack Brown over economyGordon Brown's hopes of fighting the general election on the back of a clear economic recovery suffered a severe blow today when government figures showed that Britain is experiencing its worst recession since the mid-1950s.To the disappointment of ministers, figures from the Office for National Statistics showed a shock 0.4% fall in gross domestic product in the third quarter of the year.The figures, which stoked tensions between No 10 and the Treasury ahead of the pre-budget report later this year, were seized on by the Tories as evidence that Brown was wrong to claim that Britain was best placed to weather the recession.David Cameron said: 'France and Germany have come out of recession a full six months before us. It does finally show that all those promises that the prime minister made that we were well prepared, that [he] ended boom and bust - this was just nonsense. We have got to get plans to get the deficit under GuardianObama pushes clean energy as U.S. economic salvation ‘It's the system we currently have that endangers our prosperity and prevents us from creating million of new jobs' The Globe and MailTexas' Alamo region is rated economically excellent A new report from Texas Comptroller Susan Combs shows that the economic outlook for the Alamo Region is excellent due to the San Antonio area's educational opportunities, health care sector and tourism industry. Biz JournalEconomic Crime, Cybersecurity, ID Theft Prove to Be Hot Topics ECI of Utica College conference Most Successful to Date prnewswire.comDoes Economics Violate the Laws of Physics? SYRACUSE, N.Y. -- The financial crisis and subsequent global recession have led to much soul-searching among economists, the vast majority of whom never saw it coming. But were their assumptions and models wrong only because of minor errors or because today's dominant economic thinking violates the laws of physics?A small but growing group of academics believe the latter is true, and they are out to prove it. These thinkers say that the neoclassical mantra of constant economic growth is ignoring the world's diminishing supply of energy at humanity's peril, failing to take account of the principle of net energy return on investment. They hope that a set of theories they call "biophysical economics" will improve upon neoclassical theory, or even replace it altogether. [More] Scientific AmericanEconomists Say Recession Is Over, Do You? For more than 8-in-10, the rumors of economic recovery are greatly exaggerated. ABC NewsBSkyB adds 94,000 new customers International News: Network continues to defy economic downturn -- Dominant U.K. pay box BSkyB added 94,000 new customers in the three months to the end of September as the company continued to defy the economic downturn. VarietyObama: U.S. needs to lead clean-energy race In a speech at MIT, President Obama calls for passage of an energy and climate bill, saying that innovation in energy will achieve bring both environmental and economic benefits. CNETIn A Wall Street World, Washington Finally Delivers The Obama administration's announcement of pay cuts to top executives hasn't come without scrutiny — where is the real economic reform America needs? But as commentator Clyde Prestowitz explains, sometimes a bandage is the first step a wound needs to heal. NPR1 2 3 |
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]
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