Word: economice
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Insider trading hasn't always been a crime. On the contrary, it was once considered logical and efficient to let any competitive advantage inform decision-making in the free market - a position many economic libertarians continue to embrace today. What some consider to be America's first insider-trading scandal...
Australia is so way Down Under that what happens there often seems far removed from the rest of the world. Not this time. The Aussies' aggressive tightening is seen as the start of the global exit from the unprecedented liquidity governments have injected into their financial systems to avert an...
It's a potentially dangerous step. No one knows exactly how a withdrawal will affect the tentative global economic recovery - just as it is not clear, even now, whether interest-rate cuts and huge stimulus spending in the U.S. and elsewhere are resulting in sustainable economic growth. The world is...
The G-20, the group of developed and developing economies that has taken over the G-8 industrialized countries as the decision maker in global economic affairs, agreed over the weekend to adopt a detailed timetable in order to coordinate the world's stimulus exit. The first steps are slated...
Indeed, U.S. President Barack Obama wants to spend even more. "My economic team," he said last week, "is looking at ideas such as additional investments in our aging roads and bridges, incentives to encourage families and businesses to make buildings more energy-efficient, additional tax cuts for businesses to create...