U.S. exports jumped more than 2 percent in May. But a surge in imports widened the country's trade deficit -- disappointing the effort to even out global trade flows.
I like to use every chance I can to point out economics lessons in everyday life, and here's one I just can't pass up: Argentina and Greece just finished a World Cup soccer match. What's economic about that, you ask?...
When you think of a cheerleader personality, Ben Bernanke's cautious, monotone manner doesn't come to mind. Yet, for lack of others, the Fed chairman has emerged as the chief cheerleader for the struggling U.S. economic recovery. Even if he...
The fragile U.S. recovery is now facing economic threats from both the Eastern and Western hemispheres: As the eurozone union appears to be on the verge of cracking apart, Thailand is just putting out the flames of an internal revolt...
Image by World Economic Forum via FlickrThe German government is taking the rather radical step of banning naked short-selling of stocks, government bonds and credit-default swaps starting at midnight, the wires are reporting from that nation, a unilateral move to...
May 18, 2010; 2:10 PM ET |
Categories: Deficit/debt | Tags: Business, Credit default swap, Germany, Investing, Naked short selling, Short, Stocks and Bonds, United States
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Here's your situation in Greece in a nutshell: The Associated Press is reporting that Angela Gerekou, who is Greece's deputy tourism minister, has resigned because her husband -- a former pop music and film star -- owes millions of euros...
May 17, 2010; 5:18 PM ET |
Categories: Deficit/debt | Tags: Greece, Maps and Views, Politics, Tolis Voskopoulos, Tourism, Travel Guides, Travel and Tourism, United States
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