uk.IBTimes.com : Unemployment Topic

Greece Crisis: Mother and Son Commit Suicide over Financial Woes

Fri, 25 May 2012 02:24:44 +0100

Antonis Perris was a 60-year-old Greek musician and his mother was 91 years' old.

Romney Gets Pass From Time, ABC As Rare Interviews Turn Into Softball

Thu, 24 May 2012 19:25:13 +0100

When Romney agreed to sit with Time magazine's Mark Halperin for an interview, it was truly a rare moment. Unfortunately, Romney didn't do much more than respond to a series of softball questions with the same talking points he's made in the past.

Daily Forex Forecast 05/25/2012

Thu, 24 May 2012 19:23:49 +0100

Whilst troubles in Europe continued to escalate overnight the Australian dollar has decided enough is enough for now and has remained in range-bound consolidation mode. I

U.S. economy trudges along as others falter

Thu, 24 May 2012 17:35:02 +0100

The number of Americans filing new claims for jobless benefits dipped last week, indicating the economy is plodding along even though headwinds from Europe cut into U.S. factory activity growth this month.

Tokyo, Madrid, Istanbul Vie For Olympic (Pot Of) Gold

Thu, 24 May 2012 14:13:03 +0100

Do host cities make money?

Economy trudges along despite Europe turbulence

Thu, 24 May 2012 13:35:05 +0100

The number of Americans filing new claims for jobless benefits dipped last week and factory activity grew but at a slower pace in May, indicating the economy was plodding along despite growing headwinds from Europe.

Romney's Latino Woes Continue

Thu, 24 May 2012 12:27:17 +0100

Mitt Romney continues to trail far behind President Obama among Latino voters, imperiling his prospects in a handful of swing states.

Romney's 6% Unemployment Promise Not As Bold As It Sounds

Thu, 24 May 2012 12:16:29 +0100

The Congressional Budget Office said earlier this year in a report that the unemployment rate is already on its way down and will gradually decline to around 7 percent by the end of 2015, before dropping to near 5.5 percent by the end of 2017.

Economy trudges along as others falter

Thu, 24 May 2012 12:14:03 +0100

Data Disappoints in Europe, US

Thu, 24 May 2012 10:52:56 +0100

In economic news, the euro data was overwhelmingly negative, which interestingly enough did not propel the euro lower.

Jobless claims little changed last week

Thu, 24 May 2012 08:42:03 +0100

New claims for unemployment benefits fell slightly last week, government data on Thursday showed, suggesting the labor market continues to expand at a moderate pace.

Succession question fuels uncertainty in Oman

Thu, 24 May 2012 06:28:03 +0100

Oman's Sultan Qaboos bin Said rules his perch on one of the world's busiest shipping lanes as an absolute monarch, without checks from a parliament or judiciary.

US Stock Futures Point To Lower Opening Thursday

Thu, 24 May 2012 06:15:48 +0100

Futures on major U.S. indices point to a lower opening Thursday ahead of initial jobless claims and durable orders data.

Australian Stock Market Report – Afternoon 5/24/2012

Thu, 24 May 2012 04:40:06 +0100

The Australian sharemarket kicked off the session a little higher for the third time this week, only to start losing ground following some disappointing economic data in China. The All Ordinaries Index (XAO) fell 0.3 pct or 12.6 pts to 4106.2. Today, 10 out of 12 sectors finished in the red; however the defensive healthcare industry was the best and rose 1 pct.

Daily Forex Foracast 05/25/2012

Wed, 23 May 2012 19:08:37 +0100

Fears of an impending Greek exit from the euro sent markets into a tail spin yesterday, the euro breaking critical support levels and taking the Australian Dollar down with it.

Romney, Obama and the Economy

Wed, 23 May 2012 18:44:41 +0100

Voters were evenly divided between Republican Presidential candidate Mitt Romney and US President Barack Obama, a Democrat on handling the economy, the top concern of voters, according to a new poll published Tuesday. A survey conducted by The Washington Post and ABC News Thursday through Sunday showed that the Democratic incumbent and his Republican challenger were tied at 47% on the US economy.

Spain bails out Bankia, seeks plan for troubled regions

Wed, 23 May 2012 17:35:02 +0100

Spain announced a 9-billion-euro (7.22 billion pounds) bailout for troubled lender Bankia on Wednesday, while also seeking ways to help its highly indebted regions meet huge refinancing needs that threaten to drag the country deeper into the euro zone crisis.

Spain to inject $11.3 billion funding gap at Bankia

Wed, 23 May 2012 14:42:02 +0100

Spain said on Wednesday its rescue of problem lender Bankia would cost at least 9 billion euros ($11 billion), as the government tries to clean up a banking system that threatens to drag the country deeper into the euro zone crisis.

Spain to fill 9 billion euro funding gap at Bankia

Wed, 23 May 2012 14:35:02 +0100

Spain said on Wednesday its rescue of problem lender Bankia would cost at least 9 billion euros (7.2 billion pounds), as the government tries to clean up a banking system that threatens to drag the country deeper into the euro zone crisis.

The Real Crash

Wed, 23 May 2012 13:02:22 +0100

I first came to national attention back in 2008 and 2009 when the housing and credit markets imploded. I became known as the guy that other market "experts" laughed at when I warned of trouble brewing in the seemingly indestructible American economy.

Domestic Violence Is Biggest Security Threat To Women Of West Africa: Report

Wed, 23 May 2012 11:43:26 +0100

A report issued Tuesday from the International Rescue Committee finds that in countries recovering from war in West Africa, domestic violence is the biggest threat to women's safety.

Euro crisis pain primes Britain for more stimulus

Wed, 23 May 2012 10:21:03 +0100

The Bank of England signalled on Wednesday it was likely to pump more money into the struggling British economy if the euro crisis causes more mayhem, and the government flagged new steps to boost growth.

Italian Consumer Confidence Hits 15-Year Low, UK Retail Sales Slump

Wed, 23 May 2012 09:53:45 +0100

European consumers are tightening the purse strings as their confidence in the region's economy continues to fade amid concern that the recession may worsen.

Top Ten Happiest Countries in the World in 2012 [SLIDESHOW]

Wed, 23 May 2012 09:34:07 +0100

United States fails to make the top ten happiest countries in the world, while countries like Australia, Israel and all of the Scandinavian nations do. Denmark is the happiest country in 2012.

UK Retail Sales Plunge 2.3% in April as Weather Hits Hard

Wed, 23 May 2012 04:40:18 +0100

The retail sales fall wipes out gains made in March and is another sign that the UK is back in recession.

Australia Tops OECD Better Life Index of Industrialised Nations

Wed, 23 May 2012 01:02:15 +0100

Australia ranks as world's happiest nation in OECD Better Life Index - ahead of Norway and US.

Growth to be Bigger Priority in China: Jiabao

Tue, 22 May 2012 19:33:04 +0100

Chinese Premier Wen Jiabao has called for stimulus policies that would boost the nation's slowing economic prospects.

Market Winds May Be Shifting

Tue, 22 May 2012 16:11:15 +0100

The G8 leaders also said that it is “our imperative to promote growth and jobs”.

Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

Tue, 22 May 2012 12:32:38 +0100

The dollar is mixed this morning, falling lower against many East Asian and Scandinavian currencies while pushing back to the top of its recent ranges against its other major counterparts. Stocks and commodities have generally extended yesterday's rally even as economic data came in mixed. Existing home sales registered slightly better than expected at 4.62M versus 4.

IMF's Christine Lagarde tells UK: 'Growth Too Slow' [NEWS VIDEO]

Tue, 22 May 2012 12:30:32 +0100

The British government and the Bank of England must do much more to stimulate growth in the country's economy, the IMF's Christine Lagarde said.