I have previously argued at some length that rising inequality is one of the main causes of the economic crisis.Famed Yale economist Robert Shiller agrees.As the Browser reports:Yale economist Robert Shiller argues that rising inequality in the US was…
Posts Tagged ‘rising’
Robert Shiller Argues That Rising Inequality In The US Was A Major Cause Of The Recent Crisis, And Little Is Being Done To Address It
January 24th, 2011 |
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Swine flu rising in Russia, Europe
January 17th, 2011 |
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The number of people infected with the pandemic A/H1N1 swine flu virus is on the rise in Russia and Europe, a senior Russian official said. Russia’s chief sanitary doctor, Gennady Onishchenko, said A-type flu viruses account for about 71 percent of all seasonal flu cases in Europe, and 93 percent of them are swine flu. [...]
Government agonises on ways to curb rising prices
January 12th, 2011 |
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Consultations among senior ministers of the government on how to curb rising food prices continue Wednesday as a follow-up to the meeting chaired by Prime Minister Manmohan Singh on the issue. That meeting ended with a few measures suggested, but none were announced. “Ministers will hold more meetings today on the issue,” an official in [...]
Singapore, Asia capital flows rising on growth, Minister says
November 22nd, 2010 |
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Growth is spurring capital flows in Singapore and Asia, Singapore’s Finance Minister Tharman Shanmugaratnam said in parliament today.
Capital inflows in Singapore are being intermediated efficiently and the island isn’t considering implementing capital controls, he said. The country will take steps if needed to keep markets stable, the minister said.
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Broadband Adoption Rising, but Gap Persists: Report
November 9th, 2010 |
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An NTIA report finds despite a rise in broadband Internet adoption in the U.S., socioeconomic hurdles remain. – A new study has found that socioeconomic factors such as income and
education levels although strongly associated with broadband Internet use are
not the sole determinants of use. Even after accounting for socioeconomic
differences, significant gaps persist along racial, ethnic and geographic lin…
Pornography and politics: Rising to the occasion
October 28th, 2010 |
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Electoral victory brings a surprising consequence: the winners look at smut
WHEN Barack Obama won the American presidency in 2008 his supporters cheered, cried, hugged—and in many cases logged on to their computers to look at pornography. And, lest Republicans crow about the decadence of their opponents, precisely the obverse happened when their man won in 2004.
That, at least, is the conclusion of a study by Patrick Markey of Villanova University, in Pennsylvania, and his wife Charlotte, who works at Rutgers, in New Jersey. The Markeys were looking for confirmation of a phenomenon called the challenge hypothesis. This suggests that males involved in a competition will experience a rise in testosterone levels if they win, and a fall if they lose. …
Why Is Unemployment Rising?
October 8th, 2010 |
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Today’s unemployment numbers are bad. See this and this.Why is unemployment rising? Because the government is doing everything wrong.One definition of insanity is doing the same thing again and again and expecting different results. Unless the gover…
STI flat, but recent rising trend intact: DBS Vickers
October 8th, 2010 |
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Singapore shares mostly higher with about 1.5 gainers for every decliner, with lower liners faring better than blue chips, says Dow Jones.
STI flat at 3,165.71 midday after hovering in tight 3,163-3,172 band intraday, suggesting this week’s 3,136 low, 3,197 high not likely to be tested.
Fast-food restaurants: Dough rising
October 7th, 2010 |
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Panera’s restaurants are thriving in the downturn
Correction to this article
“YOU can pay what you like,” says one of the two cheery female greeters at the door of Panera’s restaurant in St Louis. “We will tell you the recommended price for your meal, but it is up to you if you want to pay that, a bit more, or less.” This honour-based approach to selling fast food was launched a few months ago as a pilot scheme. The goal is to let customers who are feeling the strain of the weak economy dine with dignity among regular customers, with none of the stigma of the soup kitchen. …
UNESCO and Georgia: Rising defiantly from the ruins
August 26th, 2010 |
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Georgia’s mercurial leader cocks a snook at art-historical convention
IN MANY European countries, dwindling Christian flocks can barely cope with the patrimony they have inherited, from steeples to statues. Georgia, which adopted Christianity 17 centuries ago, faces almost the opposite problem: such is the strength of a religious revival that began after the fall of communism that a hectic programme of building and restoring churches—from tiny chapels to Tbilisi’s vast new Holy Trinity cathedral—can hardly keep up with demand.
And perhaps inevitably, the rush to refit ancient places of worship can easily run up against other priorities, including the latest international thinking about archaeology and conservation which holds that intervention should be kept to a minimum. …
General Motors’ IPO: Rising from the ashes in Detroit
August 19th, 2010 |
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General Motors’ return to the stockmarket heralds a remarkable turnaround for America’s carmakers
WHAT a difference 15 months makes. On June 1st 2009 General Motors applied for Chapter 11 protection, triggering the largest industrial bankruptcy in American history. This week the carmaker filed papers with the Securities and Exchange Commission to pave the way for an initial public offering before the end of the year.
On August 12th the firm unveiled net earnings of $1.3 billion for the three months to June, its second quarterly profit in a row and its best since 2004. GM also announced that it had secured a $5 billion revolving credit line and that its chief executive, Ed Whitacre, would soon depart. The former boss of AT&T took over at GM only last December, but the bankers handling the IPO feared that, at 68, he might not be around for the long haul. His replacement will be another former telecoms executive, Dan Akerson. …
UN: Civilian casualties rising in Afghanistan
August 10th, 2010 |
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The United Nations says civilian casualties are on the rise in Afghanistan, with insurgents increasingly responsible for harming Afghans.
In a report issued Tuesday in Kabul, the UN said the number of civilians killed or wounded in the conflict rose 31 percent during the first half of this year.
Nokia, Samsung, LG Lead Rising Q2 Handset Sales
July 30th, 2010 |
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Nokia, Samsung and LG again led the worldwide handset market in Q2, followed by RIM and Sony Ericsson. In the second half of 2010, analysts expect still higher figures and more smartphones. – Nokia, Samsung and LG Electronics led the worldwide handset market through
another growing quarter, Strategy Analytics said in a July 30 report. Handset
shipments reached 308 million units, up 13 percent from 273 million units a
year earlier. Driving this forward motion, said the firm, were high-…
IT Is Heavily Invested in ERP, Application Consolidation Rising
July 29th, 2010 |
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A 2010 study examines the maturity of IT adoption and highlights how heavily invested ERP is in the IT ecosystem. Similarly, efforts to condense and compact application systems to save money are happening with higher frequency. – A
close examination of the IT system maturity as it relates to funding finds
enterprise resource planning (ERP) to be the most mature technology across a
spectrum of enterprise, midsize and small companies. Out of 19 technology areas
being implemented, ERP takes the cake.
quot;About
two third…
Internet TV Rising. Viewers Wanting To Pay Declining Posted By : Paddy Chang
July 13th, 2010 |
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Live Internet TV | Online TV technology allows you to watch over 4,500 HD channels right on your PC.
Internet Connected TV Sales Rising Posted By : Paddy Chang
July 12th, 2010 |
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Live Internet TV | Online TV technology allows you to watch over 4,500 HD channels right on your PC.
Apple, HP, Dell Face Rising China Costs: Report
July 7th, 2010 |
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Apple and other tech companies could be forced to raise the price of items like the iPhone 4, according to a new report in The New York Times, if current pressure on Chinese supply chains continues. Chinese factories such as Foxconn face rising salaries, stronger currency and other economic factors as they try to keep their costs under control. – Apple and other tech companies are facing rising costs in China
for their devices, according to a new report in The New York Times. The
combination of higher salaries, stronger Chinese currency and economic factors
such as inflation could potentially drive up the cost of manufacturing the
iPhone…
Apple iPhone Passing iPod Touch in Ad Requsts, Android Rising: Report
June 8th, 2010 |
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Among the findings in new mobile trends report were a flip-flop in the number of ad requests from Apple iPhones and iPod touch devices, the Android OS in a solid second position, Symbian showing some spunk, and the iPads potential to be a major crossover device. – More ad requests now come from the Apple iPhone than Apple iPod touch, Android is now the second most popular OS, and while consumers generally dodge advertising, when it comes to mobile ads, theyre far more receptive. These findings were among the consumer preferences and device uses revealed by th…