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Greece hit by strikes, riots over austerity plan

ATHENS, Greece (AP) – Street clashes erupted between rioting youths and police in central Athens Thursday as tens of thousands demonstrated during a nationwide strike against the cash-strapped government’s austerity measures. Hundreds of masked and hooded youths punched and kicked motorcycle police, knocking several off their bikes, as riot police responded

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Greece hit by strikes, riots over austerity plan

March 11, 2010   No Comments

Patchwork Pension Plan Adds to Greek Debt Woes

ATHENS — Vasia Veremi may be only 28, but as a hairdresser in Athens, she is keenly aware that, under a current law that treats her job as hazardous to her health, she has the right to retire with a full pension at age 50. “I use a hundred different chemicals every day

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Patchwork Pension Plan Adds to Greek Debt Woes

March 11, 2010   No Comments

Local sales tax revenue plummets

Pratt’s sales tax revenues for January fell a whopping 29.9 percent over the same period in 2009 from $209,260 to $146,645, according to the Kansas Department of Revenue. WRH permalink

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Local sales tax revenue plummets

March 11, 2010   No Comments

Budget cuts may be amplifying recession in Hawaii

State spending cuts significantly have worsened the effects of the global economic downturn in the Islands, according to several Hawai’i economists who spoke to more than 150 advocates, lawmakers and others at the state Capitol yesterday. WRH permalink

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Budget cuts may be amplifying recession in Hawaii

March 11, 2010   No Comments

Canada recovering with growing optimism says PM

OTTAWA, March 11 – Canadian Prime Minister Stephen Harper adopted a more upbeat tone than usual when discussing the economy on Thursday, saying the nation was recovering with a growing sense of optimism. Harper who reiterated that unemployment wa Canada recovering with growing optimism says PM

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Canada recovering with growing optimism says PM

March 11, 2010   No Comments

Generating Income in Today’s Market

Today I’d like everyone to welcome Tom Dyson Editor of the “The 12% Letter”, a monthly investment advisory with one clear objective: To help subscribers collect a steady, reliable “paycheck” (in the form of dividend payouts and fund distributions) and earn a safe 12% return every year. In today’s economy, Tom has found a

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Generating Income in Today’s Market

March 10, 2010   No Comments

GMAC Bailout Could Cost Taxpayers $6.3B

New watchdog report says the Treasury Department sank billions into auto finance giant GMAC without an exit strategy or proof the company was viable – a decision that could cost taxpayers $6.3 billion. WRH permalink

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GMAC Bailout Could Cost Taxpayers $6.3B

March 10, 2010   No Comments

Kansas City, Mo., closing nearly half its schools

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Kansas City, Mo., closing nearly half its schools

March 10, 2010   No Comments

NZ manufacturing expands in February – PMI survey

WELLINGTON, March 11 – New Zealand’s manufacturing sector remained in expansion for the sixth month in a row in February, a survey showed on Thursday, pointing to a brighter outlook for the economy. The Bank of New Zealand-Business NZ’s seasonally NZ manufacturing expands in February – PMI survey

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NZ manufacturing expands in February – PMI survey

March 10, 2010   No Comments

Ron Paul: Not Long Before the Gov’t is “Borrowing us Further Into Oblivion”

Dr. Ron Paul (R-TX) isn’t one to let his opinion go unheard… especially as Congress continues approving massive amounts of debt-financed spending. From his recent Texas Straight Talk: “Last week, the House approved another increase in the national debt ceiling. This means the government can borrow $1.9 trillion more to stay afloat and avoid default. It has Ron Paul: Not Long Before the Gov’t is “Borrowing us Further Into Oblivion” originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today’s markets. Its been called “the most entertaining read of the day.”

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Ron Paul: Not Long Before the Gov’t is “Borrowing us Further Into Oblivion”

March 10, 2010   No Comments

Stocks Gain on Economic Optimism as Citigroup Financial Companies Rally

U.S. stocks rose as a drop inwholesale inventories and improvement in the corporate bondmarket added to signs the economy is strengthening,overshadowing concern China will raise interest rates. Citigroup Inc. advanced 3.7 percent as the bank sold tr Stocks Gain on Economic Optimism as Citigroup Financial Companies Rally

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Stocks Gain on Economic Optimism as Citigroup Financial Companies Rally

March 10, 2010   No Comments

Aberdeen Foresees Stocks of Developing Countries Falling 15%

Filed under: International Markets , Forecasts , India , China , Brazil , Russia , Mexico , Economic Data Devan Kaloo, of Aberdeen Asset Management foresees a 15% drop for stocks of developing countries. His fund is investing in the developing countries of Mexico, India and Turkey. He is neutral on Brazil and underweight on Russia. He is holding fewer Chinese stocks because he feels that stock valuations in China are overdone. The $586 billion stimulus package is due to run out this year. The helped the Shanghai Composite Index to rise 80% last year. This year to date the index is down 6.4%. Continue reading Aberdeen Foresees Stocks of Developing Countries Falling 15% Aberdeen Foresees Stocks of Developing Countries Falling 15% originally appeared on BloggingStocks on Wed, 10 Mar 2010 14:00:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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Aberdeen Foresees Stocks of Developing Countries Falling 15%

March 10, 2010   No Comments