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Now, Even Germany Has Fallen Prey To The Euro-Zone Debt Crisis

  Market Watch April 23, 2013 By William L. Watts   Even mighty Germany, the euro zone’s biggest economy and primary growth engine, sputtered in April, according to a preliminary purchasing managers’ index reading, amplifying fears the region will continue to struggle to overcome a devastating recession that economists had previously hoped would come to … Continue reading


Data Shift To Lift US Economy by 3%

  CNBC Financial Times April 22, 2013 By: Robin Harding   The U.S. economy will officially become 3 percent bigger in July as part of a shake-up that will for the first time see government statistics take into account 21st century components such as film royalties and spending on research and development. Billions of dollars … Continue reading


Fitch downgrades UK credit rating to AA+

  BBC April 19, 2013   The Fitch credit ratings agency has downgraded the UK to AA+ owing to a weakened economic outlook. The move, after Moody’s downgrade in February, came as Chancellor George Osborne defended the government’s austerity plan. Fitch said its downgrade primarily reflected a weaker economic and fiscal outlook. Mr Osborne has … Continue reading


French Jobless Claims Hit All-Time High In March

  Reuters April 25, 2013 By Ingrid Melander   PARIS, April 25 (Reuters) – More people were out of job in France in March than at any other time in the past, data on Thursday showed, a bleak record that cast new doubt on government promises to reverse the unemployment trend by year-end. The new … Continue reading


Housing Recovery, Not So Fast

You may remember before the so called Housing Recovery back when the housing bubble burst there were folks that just couldn’t keep their heads above water. Some of these unfortunate individuals could see there was no way out and simply walked away from their homes. There were even those who saw that they were underwater … Continue reading