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...Despite the billions the government spent on consumer-spending incentives to stimulate industrial output - like implementing cash-for-clunkers subsidies for new car buyers - the schemes didn't lead to massive growth in manufacturing. Industrial production and service-sector activities fared no better than the overall 0.1% growth figure for the fourth quarter, economists noted. "When the results were announced this morning during the meeting we were holding for the occasion, the hundreds of gathered guests all howled in derision and embarrassment at the figures they heard," says David Buik, a market analyst at the London brokerage firm BGC Partners...

Author: /time Magazine | Title: Britain's Out of Recession: So Why No Cheers? | 1/26/2010 | See Source »

...France, where fourth-quarter economic growth was estimated to be 0.3%, officials are now doubling their forecasts for 2010 growth from 0.75% to 1.5%, even though no new infusions of government stimulus cash are planned. Similarly, in Germany, an initial prediction of a 1.2% gain for 2010 has been revised to 1.4% - despite the country's registering a flat fourth-quarter growth figure as government stimulus funds tapered off. (Read "France and Germany Climb Out of Recession...

Author: /time Magazine | Title: Britain's Out of Recession: So Why No Cheers? | 1/26/2010 | See Source »

Campus vending machines may carry more than just sodas and sugary sundries this fall if the Harvard College Library’s pilot program for pre-paid Crimson Cash cards proves successful...

Author: By Derrick Asiedu, CRIMSON STAFF WRITER | Title: Crimson Cash To Be Sold in Lamont | 1/26/2010 | See Source »

...program, which was initiated by HCL this month, sells pre-paid Crimson Cash cards via a new vending machine in the entrance to Lamont Library. The pilot program is targeted at University affiliates who have trouble using the traditional system—such as visiting researchers and international students—and aims to give them an alternative method of using Crimson Cash...

Author: By Derrick Asiedu, CRIMSON STAFF WRITER | Title: Crimson Cash To Be Sold in Lamont | 1/26/2010 | See Source »

...recognized that some of our users had problems putting Crimson Cash on their IDs because they had international credit cards,” said HCL Director of Communications Beth S. Brainard...

Author: By Derrick Asiedu, CRIMSON STAFF WRITER | Title: Crimson Cash To Be Sold in Lamont | 1/26/2010 | See Source »

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