IMF Predicts Growth for Russian Economy in 2010
In 2010, the Russian economy will grow by 4.25%, after falling 7.9% last year. This forecast was made yesterday by the International Monetary Fund. (more…)
In 2010, the Russian economy will grow by 4.25%, after falling 7.9% last year. This forecast was made yesterday by the International Monetary Fund. (more…)
*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.
*Using a flood simulator, MU researchers reveal cottonwood trees as a profitable crop in devastated flood areas*
Most people have no idea what rare earth elements are, but a wide array of the technologies that we use every single day are dependent on them. (more…)
Unless the U.S. Congress acts, there is going to be a massive wave of tax increases in 2011. In fact, some are already calling 2011 the year of the tax increase. A whole host of tax cuts that Congress established between 2001 and 2003 are set to expire in January unless Congress chooses to renew them. But with Democrats firmly in control of both houses that appears to be extremely unlikely.
ARMONK, N.Y. – 19 Jul 2010:
IBM (NYSE: IBM) today announced second-quarter 2010 diluted earnings of $2.61 per share compared with diluted earnings of $2.32 per share in the second quarter of 2009, an increase of 13 percent.
While the BP Deepwater Horizon well spits tens of thousands of barrels of oil offshore on the Gulf of Mexico, an environmental disaster of proportions never before imagined, a beautiful new kind of bird flies silently in the skies on its first test flight.
The victory of the Spaniards over the Dutch in the World Cup will help the economy, experts say.