AP – Business confidence at major Japanese manufacturers tumbled to its lowest level in more than a year as the impact of the earthquake and tsunami became clearer, the central bank said Friday, but it expects improvement later this year.
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Archive for June, 2011
Japan business confidence tumbles after disaster (AP)
Hugo Chavez: Surgery Removed Tumor
The Venezuelan president said in a televised talk that the operation took out a tumor in which there were “cancerous cells.” His appearance came as Venezuelans speculated that he may be seriously ill because of his long stay in Cuba, mainly in seclusion. » E-Mail This » Add to Del.icio.us
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Judge blocks parts of Mont. medical marijuana law (Providence Journal)
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The real causes of the economic crisis? They’re history.
They say that winners get to write history. Three years after the meltdown of our financial markets, it’s clear who is winning and who is losing. Wall Street — arms outstretched in triumph — is racing toward the finish-line tape while millions of American families are struggling to stay on their feet. With victory...
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N.Y. Eyes Gas Drilling Ban In Watersheds, State Land
State environmental officials have proposed permitting it on private land, but only under “rigorous and effective controls” codified into state law. The Department of Environmental Conservation will give its revised recommendations to Gov. Andrew Cuomo on Friday. » E-Mail This » Add to Del.icio.us
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What Republicans Don’t Want You To Know About Government’s Role In The Economy
This post originally appeared at New Deal 2.0. If we don’t learn the lessons from the Great Depression, our infrastructure will crumble, the recovery will stagnate, and our economy will be left behind. The current conventional wisdom for many in the U.S. is that the less government is involved with the economy the better....
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Midwest factories roar, but labor market weak (Reuters)
Reuters – Factory activity in the U.S. Midwest accelerated in June, fostering hopes for a pick-up in economic growth in the third quarter, despite signs of lingering weakness in the labor market.
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The Child Cases: Lessons From Canada
Tammy Marquardt is one of at least a dozen people prosecuted for killing children in Ontario based on what later turned out to be tainted medical evidence. Courts, in just the last few years have overturned several of those convictions, and more are under review. » E-Mail This » Add to Del.icio.us
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HSBC adds to sweeping bank job cuts in Europe (Reuters)
Reuters – HSBC Holdings Plc is poised to axe about 700 jobs in its UK retail bank arm, as swingeing staff cuts begin in earnest at banks across Europe stung by a limp economic recovery, trading woes and tougher regulation.
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NATO Says It Has Killed Senior Militant Linked To Hotel Attack
The airstrike that killed him came on the same day the Obama administration unveiled its new “National Strategy for Counterterrorism,” which focuses on targeted drone strikes and special operations raids rather than conventional wars. » E-Mail This » Add to Del.icio.us
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Gates weighs toll of war (Reuters)
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Weak economy shadows Obama even in bright areas (Reuters)
Reuters – A bright spot for President Barack Obama in the bleak U.S. economic picture should be that many of the “swing” states crucial to his 2012 re-election bid are weathering the recession relatively well.
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