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

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