by Samarth Bansal and Aman Sethi On October 4, Prime Minister Narendra Modi offered a robust defence of his government’s management of the economy, shortly after the Reserve Bank of India lowered its Gross Value Added (GVA) growth estimates for the current fiscal year from 7.3% to 6.7%. Since then, the ruling party has been … Continue reading Modi says the economy isn’t so bad; He’s right – it’s worse
Private (non-government) debt of six nations as a percentage of GDP from 1952 (source; click to enlarge).by Gaius PubliusA quick-hits piece, just to put the idea on your radar.
By now, everyone is familiar with Pixar Animation Studios. Their endless streak of #1, globally popular films have provided audiences with highly creative entertainment for over 20 years.
President Donald Trump smiles while speaking to a meeting of the National Governors Association, Monday, Feb. 27, 2017, at the White House in Washington. (AP/Evan Vucci)
Ahead of its formal release Thursday, the White House unveiled key details about U.S. President Donald Trump’s first budget proposal which would gut key departments, going as far to entirely eliminate 19 federal agencies, all in the name of boosting military spending and increasing “border security”.
Marijo Beckman greeted Black Friday shoppers at a Boynton Beach,Fla. Walmart store Friday, Nov. 28, 2014.
Published in partnership with Shadowproof.
When our elected leaders, of any party, brag about how many jobs they're creating, this is what they're bragging about (source)by Gaius PubliusThis will be short and number-filled, and not even many of those.Yes, Trump won. But......the bottom line is still the same.
The currencies of three BRICS economies have steadily strengthened against the US dollar in recent weeks.
Brazil’s real, Russia’s ruble and South Africa’s rand have benefited from a ‘pause’ in the momentum to raise interest rates, particularly in the US.
All three countries have battled recession in contrast to BRICS members China and India, which are forecast to grow 6.7 per cent and 7.6 per cent, respectively, in 2016.
The rand is up nearly 15 per cent against the dollar in 2016 after suffering a significant slump in mid-2015.
These might not be the kind of jobs a "healthy" economy should be adding.
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