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New July 2013

Coalition keen to sell ‘budget repair job’ as focus shifts to Western Australia

Despite agreeing to big ticket budget items of the NDIS and Gonski reforms, the Coalition says it is working towards curtailing spending to ensure a sustainable budget is delivered in MayFinance minister Mathias Cormann is pointing to efforts to curtail spending as the government intensifies its May budget preparations arguing that outlays for signature programs like the National Disability Insurance Scheme must be efficient and well targeted.With national politics about to shift west for the next few days in the lead-up to the critical senate by-election in Western Australia next weekend, both the prime minister and the finance minister were talking up budget sustainability on Sunday.

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Cuba passes law to attract foreign investors

New law aims to make the island nation more attractive to foreign investment as economy struggles to improve.

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Cuba approves law aimed at attracting foreign investment

New law offers steep tax cuts and promising a climate of investment security

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As 2013 Winds Down, Obama Looks Ahead to ‘a Year of Action’

In a year-end news conference, the president discussed the economy and the National Security Agency’s surveillance programs.

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Declinists, Admit Defeat!

Believe it or not, the economy is showing signs of serious growth. Will the catastrophist diehards learn to stop worrying and accept the recovery?

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Federal Reserve Cuts Stimulus

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Ben Bernanke thinks the economy is doing better.

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Many Detect End of Line For Stimulus By the Fed

Even officials who support the stimulus agree that the Fed should taper off on its bond buying and focus on stimulating the economy by other means.

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Billionaire Drops Plan for Casino in Spain

Some civic and religious groups in Spain sought to block the EuroVegas project, but advocates saw it as a potential stimulus to the weak economy.

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A Deal to Stop Hurting the Economy

A bipartisan proposal to trim the sequester and forbid shutdowns for the next two years means Washington may finally be ready to quit kneecapping growth.

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Fed’s Plan to Taper Stimulus Effort Not Expected Until Next Year

Significant details of the eventual retreat also remain the subjects of unresolved debates, according to public statements by Fed officials and interviews with some of them.

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Euro Zone Inflation Rises to 0.9% as Jobless Rate Dips to 12.1%

The data are unlikely to end the debate about whether the region remains at risk of deflation, but suggest the economy is slowly improving.

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For Yellen, a Focus on Reducing Unemployment

Janet Yellen, President Obama’s pick to run the Federal Reserve, has backed aggressive steps to promote employment but shown only limited willingness to tolerate higher inflation.

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Reforms set to bring foreign oil firms back to Mexico

<!– google_ad_section_start –> Mexican President Enrique Pena Nieto has proposed sweeping reforms of the country’s oil sector that would allow foreign energy firms back into the industry 75 years after being thrown out. <!– google_ad_section_end –>

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Australian election campaigners clash on spending

<!– google_ad_section_start –> Australian Prime Minister Kevin Rudd on Tuesday increased pressure on the conservative opposition to reveal its policy costings, as the economy was judged the number one issue in next month’s election. <!– google_ad_section_end –>

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Path to United States Practice Is Long Slog to Foreign Doctors

Despite a shortage of doctors in some parts of the United States, a trend that may worsen under the new health care law, it takes years for a foreign doctor to be licensed here.

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Can This Waffle Save America?

First came the Doritos Locos Tacos. Now Taco Bell brings us the waffle taco. Daniel Gross on America’s booming (if bizarre) breakfast economy.

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America’s Idea Economy

It’s a cliché to note that ideas power the American economy.

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Capture spirit of Hong Kong in photo and win free air tickets

<!– google_ad_section_start –> Depict the best of Hong Kong in a photograph or illustration and you could jet out of the city on one of more than 600 plane tickets, courtesy of Cathay Pacific. <!– google_ad_section_end –>

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America, Inc. at it’s Finest

Saks Fifth Avenue
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Bren-Books.com, Modern first editions and collectible fiction<

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Chocolate Artisan Truffles by Just Chocolate

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Burberry
New July 2013