Word: economices
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There are plenty of reasons to believe that small businesses aren't getting the credit they need. In the last three months of 2009, business lending at smaller banks, which tend to cater to smaller companies, was down at a 13% annual rate, according to the Federal Reserve. Not only...
Germany lags far behind other Western countries when it comes to gender equality in the workplace and promoting women to top positions. In a survey of 600 global companies conducted by the World Economic Forum earlier this month, Germany ranked 14th out of 20 countries in terms of the percentage...
On the back of such tales, conventional economic thinking says, dangerous speculative bubbles are built. And these days not much - aside from the possibility of a double-dip recession in the U.S. - has more economists, international investors, hedge-fund managers and bankers tearing their hair out than the deceptively simple...
The reason for their angst is clear enough: throughout 2009, the most severe global downturn in decades, China's economic growth remained intact. This year, China's GDP will likely rise 9% or more, in contrast to a merely subpar recovery in the U.S. and Europe. For thousands of companies...
Another critical factor underpinning the residential real estate market is formed by the psychology of the Chinese home buyer in combination with regulatory restraints on what they can do with their savings. Just 34 years out of the chaos of the Cultural Revolution, and less than 15 years down the...