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| Articles about Economist |
| Ex-IMF Chief Economist Predicts US Bank Collapse | | 2008-08-19 11:38:00 | | LONDON -- The global financial crisis is set to get worse, with a large U.S. bank likely to collapse in the next few months, a former International Monetary Fund chief economist has warned, the BBC reports on its Web site Tuesday.Kenneth Rogoff said that despite hopes that the U.S. economy had turned the corner, it was "not out of the woods.""I would even go further to say "the worst is to come'," he said."We're not just going to see mid-sized banks go under in the next few months," said Rogoff, who held the IMF role between 2001 and 2004."We're going to see a whopper, we're going to see a big one, one of the big investment banks or big banks," he said at a conference in Singapore, the BBC reports. | | By: How to be Rich, Happy and Free from Scams | | |
| | Recession Now, No Recovery Until 2H of 2009, S&P Economist Says | | 2008-08-07 11:09:00 | | Despite its obvious concerns about inflation, the Fed is widely expected to leave rates unchanged at Tuesday's policy meeting. The weak housing market, rising unemployment, and ongoing stress in the credit markets will prevent the Fed from aggressively trying to tame inflation for the foreseeable future.Indeed, while futures traders are pricing in high odds of a rate hike before year-end, Beth Ann Bovino, senior economist at Standard & Poor's, says the Fed can't do much more than talk tough about inflation now.Bovino believes the economy is currently in recession, calling the weak 1.9% second-quarter GDP the "tax-rebate high" for the cycle. Even this morning's higher-than-expected consumer spending data shows why that 1.9% growth was likely an aberration; "after adjusting for inflation, real consumer spending was actually down 0.2% following a 0.3% gain in May," The FT reports.S&P believes the recession will most likely be "long and mild," similar to the 2001 downturn. Her big concern | | By: How to be Rich, Happy and Free from Scams | | |
| | The Economist’in Türkiye için 2008 tahmini | | 2008-06-09 10:15:32 | | İngiliz dergisi The Economist, Türkiye için “düşük büyüme-yüksek enflasyon” tahmininde bulundu. The Economist’in araştırma birimi The Economist Intelligence Unit, Türkiye’de bu yılın sonunda...
Online habercilik ve teknolojinin klasik medya araçlar?yla bulu?tu?u nokta.
| | By: MedyaLens | | |
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| India's inflation rate may be revised to 10%: reports the Economist | | 2008-05-26 21:39:00 | | India's inflation rate may be revised to 10 per cent from the latest estimate of 7.82 per cent as data for prices of different commodities is updated, London-based publication The Economist has said."Delays in data collection in India can mean big revisions to inflation... The latest wholesale price rate inflation rate might therefore be pushed up to 9-10 per cent," noted The Economist in its cover story on global inflation.India faces the challenge of high inflation in the coming months, especially due to rising international crude oil and food prices."Prices are also rising partly because loose monetary conditions in emerging economies have boosted domestic demand," the prestigious journal said.India revised inflation figures for the week ended March 15 to 8.02 per cent from the earlier estimate of 6.68 per cent.Referring to ban on futures trading in agricultural commodities, it said, "In the short run such measures may help cap inflation and avoid social unrest, but in the long ru | | By: Indian stock markets | | |
| | What an Economist | | 2008-05-14 09:17:00 | | Today i do not feel like writing anything. The simple basic reason is that i am not at all happy today. I read that Mr. Bush by his great economical and financial knowledge had claimed that the main reason for Fuel Price and Commodity Price rise had been because of Sudden Increased consumption by India and China.
Wow! Mr Bush all Hails for You.. You are a Great Economist i could never imagine. | | By: ALL ADVANTAGE | | |
| | Economist dergisinden CHP eleştirisi | | 2008-05-03 01:02:46 | | Economist dergisi, Cumhuriyet Halk Partisi Genel Başkanı Deniz Baykal'a eleştiriler yönelttiği yazısında "Etkisiz muhalefet" başlığını kullanmış. Makalede, 22 Temmuz seçimlerinden önce Baykal'ın...
Online habercilik ve teknolojinin klasik medya araçlar?yla bulu?tu?u nokta.
| | By: MedyaLens | | |
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| Housing slump could exceed drop of Great Depression: economist | | 2008-04-22 20:41:00 | | NEW HAVEN (Connecticut) - AN INFLUENTIAL economist who long predicted the housing market bubble cautioned on Tuesday that the slump in the US housing market could cause prices to fall more than they did in the Great Depression and bailouts will be needed so millions don't lose their homes.Yale University economist Robert Shiller, pioneer of the widely watched Standard & Poor's/Case-Shiller home price index, said there's a good chance housing prices will fall further than the 30 per cent drop in the historic depression of the 1930s.Home prices nationwide already have dropped 15 per cent since their peak in 2006, he said.'I think there is a scenario that they could be down substantially more,' Mr Shiller said during a speech at the New Haven Lawn Club.Mr Shiller's Standard & Poor's/Case-Shiller home price index is considered a strong measure of home prices because it examines price changes of the same property over time, instead of calculating a median price of homes sold during | | By: How to be Rich, Happy and Free from Scams | | |
| | | | WB economist wants limit short-term foreign funds | | 2008-04-09 21:44:40 | | Martin Rama, Lead Economist with the Development Research Group of the World Bank said that Viet Nam now needs to issue policies to control the FII capital flows into the market soon and consider the granting of operation license for investment funds based on operation purposes and clear business plans to limit...
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| | By: Vietnam Stock Market News | | |
| | Crunch Time In America: An Interview With Economist Jared Bernstein | | 2008-04-07 22:46:12 | | The topic below was originally posted on my blog, the Intrepid Liberal Journal on April 6th and x-posted today at The Wild Wild Left, The Peace Tree, The Independent Bloggers Alliance and Worldwide Sawdust. How many economists have you read or watched on television in recent years that claimed the economy was performing well while you struggled to make ends meet and keep up with the cost of living? Indeed, until recently a happy talk virus had infected a cabal of conservative plutocrats who preached the virtues of limited regulation, market forces and free trade as wages declined and predatory lenders had a party. It seemed we were hearing conservative politicians and their mouthpieces at the Heritage Foundation or Fox news refer to the economy as “the greatest story never told” at every opportunity.Now that the housing and credit crisis has metastasized, conservative apparatchiks are fighting to minimize government intervention on behalf of regular folks while preserving corporat | | By: The Peace Tree | | |
| | | US economist calls financial crisis worst since 1930s | | 2008-03-19 23:02:00 | | The current financial crisis is the worst the world has seen since the Great Depression of the 1930s and the US Federal Reserve move to cut interest rates will not make much difference, the Nobel Prize winning economist Joseph Stiglitz said on Wednesday. "It will have some impact - it will do a little bit to stem the blood - but it's not addressing the fundamental problems underlying the collapse of the financial sector," Joseph said. Stiglitz, who won the Nobel Prize in economics in 2001, is a former chief of the World Bank and chaired former US president Bill Clinton's council of economic advisers. He is in New Zealand on a lecture tour. He said the Federal Reserve's move to cut its funds rate by three-quarters of a percentage point was "just trying to ease the economy down rather than try to address the underlying problems." Stiglitz said the main problem was the fact that an estimated 2 million Americans were going to lose their homes because they could not repay mortgages | | By: Indian stock markets | | |
| | UNDP economist urges Viet Nam to reduce inflation to single digit | | 2008-02-28 19:58:00 | | The senior country economist of the United Nations Development Program (UNDP) in Vietnam has called for the Government to pull inflation down to a single digit, or below 10% to make life easier and keep the country attractive.
"It is important that inflation should be reduced to a single digit. to make people feel safer," Jonathan Pincus told selected reporters in Hanoi yesterday. "I think the | | By: Vietnam Business Finance News | | |
| | EVE Online Economist: Scarcity Is The Basis Of Fun - SendMeRSS | | 2008-02-22 02:18:45 | | EVE Online Economist: Scarcity Is The Basis Of Fun SAN FRANCISCO -- The key to MMO economics, and the basic elements of fun gameplay boils down to the idea of resource scarcity causing necessary conflict, according to EVE Online's in-house Economist, Dr. Eyjólfur "Eyjo" Guðmundsson. As Edward Castronova wrote in his book Synthetic Worlds, "the very process of making choices under scarcity is enjoyable." Guðmundsson echoes his sentiment by pointing out that if every item, level or achievement in a game is acquired with no labor (or the use of player resources), these games lose the conflict necessary to drive a story, an economy or a fun gameplay experience.Moreso than any other proposed idea of what makes games fun that I've been exposed to this week, I fully agree with the good doctor. I won't paint myself into a corner by saying the free-to-play online game model is akin to the Internet bubble burst at the beginning of this century, but I think Dr. Guðmundsson has en | | By: Online Games | | |
| | Local housing market looking up, real estate economist says | | 2008-01-22 03:26:00 | | Colorado should fare better than the rest of the nation when it comes to the housing market, according to one economist. The fallout from defaults in subprime loans continues to make national headlines almost every day, said Lawrence Yun, chief economist for the National Association of Realtors. But he advised a group of Longmont real estate agents Wednesday to ignore the national stories and focus on what’s happening locally.
| | By: Denver Real Estate News | | |
| | | | Inflation in S'pore to taper off as growth slows: economist | | 2007-12-11 11:18:00 | | Conrad Tan 519 words 11 December 2007 Business Times Singapore English (c) 2007 Singapore Press Holdings Limited He blames energy prices for recent surge in inflation (SINGAPORE) The recent surge in the pace of inflation here is mostly due to a sharp increase in energy prices and is unlikely to last as economic growth slows next year, a senior economist maintained yesterday. Meanwhile, Asian economies still have a lot of tools at their disposal to keep their economies afloat even if growth in the US slows down more than expected, said Jan Lambregts, head of research in Asia for Rabobank International. 'In my mind there is no inflation problem' for Singapore, he said. Although inflation has been rising everywhere, 'I'm not pessimistic when it comes to this because the MAS (Monetary Authority of Singapore) already a couple of years ago adopted a tightening stance, so they were very early to the game when it came to fighting inflation,' he said. 'Energy prices are mainly to bl | | By: How to be Rich, Happy and Free from Scams | | |
| | | Economist Gerald Prante Discusses AMT on C-SPAN's Washington Journal | | 2007-12-04 00:00:00 | | Tax Foundation economist Gerald Prante, author of several reports and commentaries on the Alternative Minimum Tax (AMT) debate, discussed the issue on C-SPAN's Washington Journal this morning. Prante is the author of the Tax Foundation's revenue-neutral proposal to greatly diminish the parallel tax system known as the AMT. He has calculated how many taxpayers had to file an AMT return for tax year 2005, in each state, county, metropolitan area and congressional district. and he has shown that no taxpayer's AMT payment is as large as his tax cut was under the Bush tax cuts.Click here for more on the AMT.Click here to watch the C-SPAN video. Above: Tax Foundation economist Gerald Prante on C-SPAN Above: C-SPAN report highlights text from a Tax Foundation Special Report. Yellow highlighted area reads: Instead of raising rates on income that we’re already taxing, we should start taxing income hat is currently tax-free. With this approach, we can spare the middle class the burden o | | By: Tax Policy Blog | | |
| | Chances of US recession less than 50%: Top economist | | 2007-11-01 09:06:00 | | Bryan Lee315 words1 November 2007Straits TimesEnglish(c) 2007 Singapore Press Holdings Limited THE United States economy might have slowed dramatically under the weight of its mortgage crisis, but the chance of a recession there is well under 50 per cent, a top economist says.Former International Monetary Fund (IMF) chief economist Kenneth Rogoff said yesterday that credit market woes caused by mortgages given to risky US borrowers are being resolved. But he feels the problem will linger longer in Europe, which ironically has taken the brunt of the US sub-prime mortgage fallout. 'Mr Greenspan's going around saying that the chance for a US recession is almost 50:50 now,' said Dr Rogoff, referring to former US central banker Alan Greenspan. 'I think the odds are considerably less than that,' Dr Rogoff noted. While there are uncertainties about the extent of the sub-prime problem, 'on the whole, it's getting worked out', he said. He was answering questions from the floor after giv | | By: How to be Rich, Happy and Free from Scams | | |
| | Economist : GDP growth for Macau this year will surplus 30% 澳門今年經濟增長料達30% | | 2007-10-18 09:08:00 | | 永亨銀行財富管理部經濟師彭藹嬈預計今年澳門全年GDP經濟增長料達30%, 明年GDP將攀升至35%。今年通脹將料達5.7%, 明年逾6%。主要因為居民消費力增強, 大興土木刺激經濟迅速增長。Economist from Wang Heng Bank estimated this year Macau GDP will grow roughly around 30% and the trend will continue for next year. Next year GDP will raise up to 35% due to the construction booms happen in Macau and with the increase high purchasing power. | | By: SeeMacau | | |
| | Are Voters Irrational: An Interview With Economist Bryan Caplan | | 2007-10-15 00:38:43 | | The topic below was originally posted in my blog, the Intrepid Liberal Journal as well as The Peace Tree, the Independent Bloggers Alliance and Worldwide Sawdust.People across the political spectrum routinely question the senses, intelligence and values of their fellow voters. A decade ago conservatives chafed, as President Bill Clinton remained popular in spite of the Monica Lewinsky scandal. In recent years liberals like myself seethed while Republicans maintained one-party dominance in spite of their incompetence and criminal policies. They’re also citizens who challenge the wisdom of any voter who supports the two-party duopoly.Bryan Caplan, an economist at George Mason University and co-editor of EconLog challenges the rationality of voters with his book, The Myth of the Rational Voter: Why Democracies Choose Bad Policies (Princeton University Press). Caplan, a libertarian, contends that democracies fail because of voters themselves rather than favorite scapegoats such as specia | | By: The Peace Tree | | |
| | Tax Foundation Economist to Discuss Cigarette Taxes | | 2007-09-11 07:00:00 | | This Thursday, September 13, Tax Foundation Chief Economist Patrick Fleenor will be part of a panel discussing the proposal to raise cigarette taxes as part of the renewal of the State Children's Health Insurance Program (SCHIP). The panel, hosted by the Cato Institute, will be in B-339 Rayburn House Office Building on Capitol Hill at noon. For more information and to RSVP, visit Cato's events page.For more on cigarette taxes, including the SCHIP increase proposal, click here. | | By: Tax Policy Blog | | |
| | Agloco The Economist'te | | 2007-08-02 05:18:00 | | Agloco ya inanmayan ve inanmakta zorluk çekenlere AGLOCO hakkında The Economist dergisinde çıkan makaleyi hatırlatmak ta fayda var!Dünyadaki ekonomi dergilerinden en saygını The Economist dergisinin mart sayısındaki makalede AGLOCO'ya geniş yer verildi.Dergi de AGLOCO şöyle anlatılıyor:İnternet reklam dünyasında bir başka örnek Standford Üniversitesi mezunları tarafından keşfedilen AGLOCO (A GLObal COmmunity). Siz internetteyken reklamverenler, arama hizmeti sunucuları veya online alışveriş siteleri size ulaşmak için milyarlarca dolar harcıyorlar. Bu pastada sizin de hakkınız yok mu? Evet tüm bu hareketlilikten bir parçayı da siz hakediyorsunuz. AGLOCO sistemi şöyle işliyor: bir internet explorer eklentisi (Viewbar)ile kullanıcıların internet aktiviteleri takip edilip bu bilgi sayesinde reklamverenlerin belirli ilgi alnları olan AGLOCO üyelerine ulaşması için kullanılıyor. AGLOCO reklam gelirlerinin, satış komisyonlarının ve diğer tüm gelirlerinin %90 ını üyelerine ve buna ek olarak Agloco ya yeni üye kazandıran kullanıcılarına dağıtmayı vaadediyor.Hiç şüphe yok ki bu makale AGLOCO'nun tanıtımında büyük rol oynayacaktır. Birçok insan bu makaleyi okuduktan sonra AGLOCO unun hayali bir proje değil ayakları yere sağlam basan gerçekçi ve büyük umut vaad eden bir girişim olduğunun farkına varacaktır. Dahası bugün google da arama yaptığınızda 4.600.000 sonuç veren "AGLOCO" kelimesinin marka değerininartmasına da fayda sağlayacak.The Economist dergisindeki orjinal makaleyi okumak için tıklayın.Hemen şimdi Agloco'ya üye olmak için tıklayın->> | | By: What is Agloco? Agloco Nedir? | | |
| | Economist Sees Big Spike in Foreclosure Losses | | 2007-07-27 17:34:06 | |
The chief economist of Moody’s Economy.com says he expects mortgage credit quality to “erode measurably” between now and the summer of 2008.
Speaking with reporters on a conference call, prominent housing economist Mark Zandi predicted that the industry will see slightly more than 1.2 million mortgage defaults this year and 1.3 million next year.
By contrast, about 800,000 mortgages defaulted in 2005. Mr. Zandi said those defaults will lead to about $125 billion of losses for investors in mortgage-backed securities, an estimate significantly higher than Federal Reserve Board Chairman Ben Bernanke’s recent prediction that the subprime lending crisis could cause $50 billion to $100 billion in losses.
Ben Bernanke, Federal Reserve, Foreclosure Market, mortgage news
---Related Articles at Consumer Mortgage Reports:Bernanke Sees Subprime Mortgage Industry Losses of $50-100BBig Gap Between Core and Headline InflationRound 2 of Bernanke Testimony With SenateFed Shou | | By: Consumer Mortgage Reports | | |
| | AGLOCO appears in Economist magazine | | 2007-03-19 13:36:38 | |
“Yet another example, established by a group of Stanford graduates, is Agloco. ‘Advertisers, search providers and online retailers are paying billions to rezch you while you surf,’ says its website. ‘How much of that money are you getting? You deserve a piece of the action.’ Like AttentionTrust, Agloco is based on a browser plug-in that [...] | | By: Agloco - Own The Internet | | |
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