Economy set for worst year in a decade
India's economy grew at an alarmingly slow 5.3% during the July-September quarter, putting the country on track for its worst financial year since the drought and dot com bust of 2002-03.www.hindustantimes.com
Brazil economy surprisingly weak, adds to global fears
Data indicates many consumers have reached their debt limit, despite a massive year-long cycle of interest rate cuts, leaving few other strong motors to power Brazil's $2.5 trillion economy. Finance Minister Guido Mantega told reporters that growth was ...www.reuters.com
Consumer Spending in U.S. Falls as Sandy Reduces Wages: Economy
30 (Bloomberg) -- Americans unexpectedly pared spending in October as superstorm Sandy depressed wages, showing the world's largest economy is cooling as lawmakers seek ways to avoid the so-called fiscal cliff. The 0.2 percent decrease in purchases ...www.sfgate.com
UPDATE 3-Canada's economy disappoints in third qtr, outlook dim
Economy grew 0.6 pct in third quarter vs 1.7 pct in second. * GDP flat in September for second month in a row. * Exports, business investment, housing drag down growth.www.reuters.com
Euro-Area Recession Drives Unemployment to Record 11.7%: Economy
The euro-area economy has shrunk for two successive quarters, forcing companies to cut costs to help weather the downturn, and economists foresee a further contraction of 0.3 percent in the fourth quarter, the median of 25 forecasts in a separate ...www.sfgate.com
Poland's Economy Continues to Slow
WARSAW—Poland's economy slowed for a third consecutive quarter to the lowest level since 2009, sparking fears among some economists that the largest emerging economy in the European Union could risk falling into recession as the government reins in ...online.wsj.com
Hollande Mittal Push Risks Hurting Economy by Spooking Investors
President Francois Hollande's threat to nationalize an ArcelorMittal (MT) steel plant, while saving 600 jobs, may curb the creation of new employment by reinforcing France's notoriety as a difficult place for business.www.businessweek.com
Uh-oh: The economy might be hitting a rough patch
The bottom is falling out of economic forecasters' expectations for U.S. economic growth in the final months of 2012.www.washingtonpost.com
National Hockey League Lockout Checks Canada Economy
"It matters for the economy," said Michael Gregory, one of Mr. Porter's colleagues at BMO. Canada's key monthly jobs data have also suggested signs of lockout-induced economic strain, Mr. Gregory said. He points to the approximately 14,500 jobs lost in ...blogs.wsj.com
Senate votes to tighten penalties on Iran's domestic industries, targeting economy
WASHINGTON - The Senate voted Friday to impose new sanctions on Iran's domestic industries, targeting the Islamic Republic's economy to thwart its nuclear ambitions. The 94-0 vote for a package of penalties reflected fears about the threat of Iran's ...www.washingtonpost.com
The US economy grew 2.7% last quarter. That's not entirely good news.
The economy grew at a 2.7 percent pace in the third quarter of 2012, not the 2 percent pace previously estimated. That's the latest verdict from the Bureau of Economic Analysis today, which went back and updated its GDP numbers as better data rolled in.www.washingtonpost.com
The Economy's Improving? Tell Small Business
One survey following another shows that Americans feel better about the economy than they have since before the 2008 financial crisis.www.businessweek.com
Oil Heads for First Monthly Gain Since August on Economy
Oil headed for its first monthly gain since August in New York amid signs of economic growth in the U.S. and China, the world's biggest crude consumers.www.businessweek.com
The Gift of a Sustainable Economy
As the end of the year approaches, so does the biggest consumer rush of the year, as millions flock to the stores and online vendors for the latest TVs, gadgets, trendy toys, clothes and more.www.huffingtonpost.com
Canadian Stocks Fall, Heading for Monthly Drop, as Economy Slows
Canadian stocks fell, heading for the first monthly decline since May, as the nation's economic growth slowed more than estimated and U.S.www.bloomberg.com
Sandy delivers blow to economy
FILE -In this Tuesday, Oct. 30, 2012, file photo, a man cleans up his store damaged by Hurricane Sandy, in New York's South Street Seaport.www.theadvertiser.com
Boehner: Obama fiscal cliff offer bad for economy
House Speaker John Boehner (BAY'-nuhr) says President Barack Obama's proposal to avoid the fiscal cliff by boosting revenue by $1.6 trillion over the next decade would be a "crippling blow" to the economy and leave the nation's debt problems unresolved.seattletimes.com
The Bipolar Economy: If Consumers Are Happy, Why Is Business So Miserable?
For years after the crash, businesses were growing while consumers were struggling. Suddenly, businesses are pessimistic, and consumers are happy.www.theatlantic.com
Mexico's new president to shift dialogue with US, from drugs to economy
MEXICO CITY - On the eve of his inauguration and his party's return to power, Mexico's incoming President Enrique Peña Nieto has vowed to reshape his country's education, business and energy sectors in ways that could have profound effects on the ...www.washingtonpost.com
Has the Indian economy turned the corner?
Don't look now, but India's 30-stock Sensex /quotes/zigman/1652085 IN:1 is up 25% so far this year, back up among Asia-Pacific's best performing stock markets for 2012 (behind the Thai and Philippine benchmarks but ahead of New Zealand and Hong Kong ...blogs.marketwatch.com
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