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Tag: Financial Times

Europe Considers More Spending To Boost Economy

Europe Considers More Spending To Boost Economy

With recession looming in debt-struck Europe, governments face growing pleas to move away from all-out austerity and inject growth policies as leaders struggle to revive their economies. European Union leaders used two summits this year to begin discussions on how

Putin unveils $500 bn offshore energy drive

Putin unveils $500 bn offshore energy drive

Vladimir Putin vowed Thursday to win $500 billion in investment for Russian offshore field development over 30 years to tap the country’s full energy potential with the help of foreign expertise. Putin outlined a broad new and largely business-friendly energy

Myth of a 'Recovery': What the Numbers Really Say

Last night, at the State of the Union address, President Obama spoke of a recovery, but the evidence for such a recovery doesn’t really exist. The national unemployment is now 8.5% (December’s), its lowest level since January 2009, but while

THE LEFT BLAMES CAPITALISM FOR THEIR FAILURES

With the citizens of the Europe and America groaning at the thought of spending the rest of their lives as debt-slaves to pay for failed government stimulus spending, it is understandable that the Left elites are now trying to rewrite

#OccupyWallSt's Corporate Cheerleaders

The Tea Party and Occupy Wall Street movements were both born out of the despair following the 2008 financial crisis, and both have tapped into the public’s anger over the unfairness of bank bailouts and huge bonuses for the risk

Coke CEO: China Friendlier To Business Than Obama's America

Coke CEO Muhtar Kent told the Financial Times that U.S. states don’t fight one another for investment opportunities, while Chinese provinces clamor to compete for foreign investments. “In the West, we’re forgetting what really worked 20 years ago. In China

China Is Not Going To Bail Out Europe

China appears to be largely uninterested in bailing out the debt-ridden countries of Europe. Despite concerns that Beijing might buy debt and use it as leverage, the calculation by Beijing appears to be that this would be a bad bet,

G20 Aims To Lower Food Prices By Government Edict

With food prices at historic highs, politicians are scrambling for something to blame other than themselves. That was the main agenda item on the meeting of the G-20 finance ministers from the 20 biggest economies in the world. Chinese farmers

Europeans Hit Gaddafi

The Financial Times reports: French warplanes struck against Libya on Saturday, after leaders from the Arab world, Africa, the United States and other western powers approved action to protect civilians under threat from the Gaddafi regime. Defence officials said French