Word: economisters
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...Prague Castle. He argues that climate change - targeted in one of the E.U.'s signature policies - is a myth. On his only visit to the European Parliament, in February, he bluntly compared the E.U. to the Soviet Union. So it is no surprise that the 68-year-old former economist should try to sink the Lisbon Treaty, which aims to overhaul the E.U.'s decision-making process and has been a decade in the making...
...There's no doubt that a recovery is at hand," says economist Krishen Rangasamy of Toronto-based CIBC World Markets. "But the strong Canadian dollar will act as a break on the Canadian economy." He expects Canada's GDP to grow at an annualized rate of 3.3% in the fourth quarter, and 2% in 2010. This compares with CIBC's lower estimate of GDP growth for the U.S., with 2.4% expected for the fourth quarter...
...political consequences of Calderón's boldest economic-reform move are yet to be revealed. Foreign investors cheered the decision. "This a very good signal," said Gabriel Casillas, head Mexico economist for JPMorgan Chase, in comments representative of the enthusiasm of foreign investors. "It indicates that Calderón could carry out other structural changes to modernize Mexico." Many electricity customers are also looking forward to changes after years of complaining of high bills and poor service. But Esparza has called on fellow unions to take to the streets to fight the measure, and the outcome of the battle...
...born just after flu pandemics have higher rates of physical disability, perform worse in academic tests and have lower income compared with babies born before or after pandemics. "The cohort [born in 1919] has shorter height and lower weight as teenagers, a higher percentage of various health issues," wrote economist Ming-Jen Lin of National Taiwan University in a soon-to-be-published paper looking at the long-term effects of the 1918 flu in Taiwan...
Asia appears to be recovering from the global recession faster than the West. But the financial imbalances that triggered the worst economic crisis in memory could still put the brakes on the world's fastest-growing economies. So warns economist and Morgan Stanley Asia chairman Stephen Roach in his new book, The Next Asia, a collection of his essays and analysis from the past several years that foreshadowed the meltdown. The following is an exclusive excerpt from the book's introduction...