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It’s nice to see the long-stewing Chinese currency manipulation pot bubbling a bit again, thanks to China’s latest blatantly disingenuous move to allow a token fluctuation or two of the yuan.
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As America continues to contemplate its trade mess, the question naturally arises how other developed nations manage to trade with the world without deficits and without turning high-wage industries into low-wage industries to compete. Although some other developed nations, like Britain and Spain, have trade situations almost as bad as ours in recent years, some have been quite the opposite.
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Iceland’s Eyjafjallajokull volcano is once again wreaking havoc with major airports in Great Britain, Ireland, and portions of Europe. Last week a shift, I the jet stream forced the closure of airports in Northern Spain and parts of France.
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Flights out of Europe disrupted again on Saturday, and Sunday’s flights may see as many delays if not remain at the gates as the
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The Canadian government announced that 109,000 Canadians found themselves re-employed the month of April bringing the unemployment rate down to 8.1 percent a tenth of a percent decline from Februarys numbers.
The giant volcanic ash cloud that grounded all flights a matter of weeks ago has returned thanks to the jet stream changing pattern.
Nigerian federal civil servants threaten to strike over inadequate salary increases.
The World Bank has granted a $915 million (USD) loan to Nigeria in the form of aid to help finance Nigeria’s 2010 budget.
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On April 8, 2010 the World Bank’s Board of Executive Directors approved us US$3.75 billion loan to South Africa’s power utility, Eskom to achieve a reliable electricity supply.
Senate Majority Leader Harry Reid Well Respected by GOP
President Obama: Senate Republicans Stop Holding Small Businesses Hostage
Senate Elections Key to National Economic Survival
Senate Scheduled to Begin Summer Recess at the End of Next Week
Angle’s Tough Love Is Tough Luck For Nevada’s Unemployed
Senator Schumer’s Offers Hint of Unemployment Extensions for 99ers