Category Archives: Economy

One in Four Missouri Families Worries about Food for their Children

COLUMBIA, Mo. ­— As the recession continues, economic casualties continue to mount. Daily, the media report that banks continue to foreclose on home loans and people are still losing their jobs.  

Missing from the headlines, however, is the growing number of people that are having more difficulty feeding themselves and their children. According to the 2010 Missouri Hunger Atlas, which was released by a University of Missouri research team, one in four Missouri families with children living at home worries about putting enough food on the table.

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18 Signs that America is Rotting Right in Front of our Eyes

Sometimes it isn’t necessary to quote facts and figures about government debt, unemployment and the trade deficit in order to convey how badly America is decaying.  The truth is that millions of Americans can watch America rotting right in front of their eyes by stepping out on their front porches.  Record numbers of homes have been foreclosed on and in some of the most run down cities as many as a third of all houses have been abandoned.  Unemployment remains at depressingly high levels and the number of Americans on food stamps continues to set new records month after month.  (more…)

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Forest Fires Cause Damage of $15 Billion to Russian Economy

Experts started to calculate the losses, which the Russian economy suffered as a result of unusually hot summer and immense forest fires. The damage may total one percent of the GDP growth in 2010, which is equal to $15 billion, or 450 billion rubles. For the time being, the experts take account of direct costs and negative short-term consequences for the economy.

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The Looming World Food Catastrophe

For several years, the World Bank has been announcing its plans to find solutions to solve the world food crisis, whereby vast swathes of the world’s population find it increasingly difficult to put food on the family table, while the banks bail each other out and fat cat bankers get fatter. The morality of the issue is staggeringly incomprehensible.

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The Horrific Derivatives Bubble That Could One Day Destroy The Entire World Financial System

Today there is a horrific derivatives bubble that threatens to destroy not only the U.S. economy but the entire world financial system as well, but unfortunately the vast majority of people do not understand it.  When you say the word “derivatives” to most Americans, they have no idea what you are talking about.  In fact, even most members of the U.S. Congress don’t really seem to understand them.  But you don’t have to get into all the technicalities to understand the bigger picture. 

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MU Researcher Says Chinese Credit Market Remains Underdeveloped

*Survey reveals urban Chinese households maintain high saving rates and are unwilling to utilize credit* 

COLUMBIA, Mo. ­— The Chinese government has made several reforms to its economic policies in recent years. Despite these reforms, a new study shows that Chinese households are not utilizing their credit market to its fullest extent. Rui Yao, a researcher in the department of Personal Financial Planning in the College of Human Environmental Sciences at the University of Missouri, says a recent survey of urban Chinese households shows that the Chinese credit market remains underdeveloped.

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Rebuilding Missouri Flood Plains, Agriculture, Economy

*Using a flood simulator, MU researchers reveal cottonwood trees as a profitable crop in devastated flood areas* 

COLUMBIA, Mo. ­­­–When the Missouri River flooded in 1993 and 1995, it left a deep layer of sandy silt that covered thousands of acres of rich farmland. Now, MU forestry researchers may have found a crop that can survive a flood and act as a sustainable source of biomass.

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