Frankel: Inflation Targeting is Dead |
- Frankel: Inflation Targeting is Dead
- Greeks vent election despair through graffiti
- VIDEO: Stanford gets 110 years for fraud
- Exclusive: Arrested spy compromised China's U.S. espionage network: sources
- VIDEO: UN monitors reach Haffa in Syria
- VIDEO: DR Congo conflict threatens habitat
- An Open Letter To Anyone Ever Laid Off
- Exclusive: Arrested spy compromised China's U.S. espionage network: sources
- Britain warns Argentina over Falklands "aggression"
- Kidnapped crime reporter found dead in eastern Mexico
- Myanmar fighting displaces thousands
- China apologises to woman forced to abort
- NATO Says EU Crisis Poses Little Security Risk
- To Succeed as an Entrepreneur, Know Your Customer
- Mayor gets 51 months in prison in U.S.-Mexico gun case
- China's Yili recalls tainted milk powder, shares slump
- VIDEO: DR Congo conflict threatens habitat
- Why You Really Need To Buy A PlayStation 3
- Southeast Asia Is Cautious on Economic Ties
- Russian Security Official Apologizes
| Frankel: Inflation Targeting is Dead Posted: 14 Jun 2012 10:34 PM PDT Jeff Frankel takes up the question of inflation targeting versus nominal GDP targeting, and concludes that nominal GDP targeting has many advantages: Nominal GDP Targeting Could Take the Place of Inflation Targeting, by Jeff Frankel: In my preceding blogpost, I argued that the developments of the last five years have sharply pointed up the limitations ...
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| Greeks vent election despair through graffiti Posted: 14 Jun 2012 11:01 PM PDT ATHENS (Reuters) - The messages are stark - the prime minister is an IMF puppet, life inside the euro is a death sentence, don't vote.
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| VIDEO: Stanford gets 110 years for fraud Posted: 14 Jun 2012 10:47 PM PDT Disgraced tycoon Allen Stanford is sentenced to 110 years in jail for operating a Ponzi scheme that defrauded investors of more than $7bn (£4.5bn).
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| Exclusive: Arrested spy compromised China's U.S. espionage network: sources Posted: 14 Jun 2012 10:28 PM PDT HONG KONG (Reuters) - A Chinese state-security official arrested this year on allegations of spying for Washington is suspected to have compromised some of China's U.S. agents in a major setback that angered President Hu Jintao, sources said. Hu personally intervened this year, ordering an investigation into the case after the Ministry of State Security arrested one of its own officials for passing information to the Americans, two sources with direct knowledge of the matter said. ...
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| VIDEO: UN monitors reach Haffa in Syria Posted: 14 Jun 2012 09:11 PM PDT UN monitors enter Haffa, in western Syria, days after violent clashes forced them away from the town.
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| VIDEO: DR Congo conflict threatens habitat Posted: 14 Jun 2012 08:03 PM PDT Renewed fighting in eastern DR Congo is threatening one of the world's largest and most important nature reserves.
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| An Open Letter To Anyone Ever Laid Off Posted: 14 Jun 2012 09:58 PM PDT A simple message that I hope may be of a little solace: Say goodbye to the guilt. It's not your fault. It never was.
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| Exclusive: Arrested spy compromised China's U.S. espionage network: sources Posted: 14 Jun 2012 10:29 PM PDT HONG KONG (Reuters) - A Chinese state-security official arrested this year on allegations of spying for Washington is suspected to have compromised some of China's U.S. agents in a major setback that angered President Hu Jintao, sources said.
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| Britain warns Argentina over Falklands "aggression" Posted: 14 Jun 2012 10:02 PM PDT LONDON (Reuters) - Prime Minister David Cameron warned Argentina on Thursday that London stood "ready and willing" to defend the Falkland Islands, 30 years after Britain recaptured the South Atlantic archipelago whose sovereignty remains a hotly contested issue.
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| Kidnapped crime reporter found dead in eastern Mexico Posted: 14 Jun 2012 09:59 PM PDT MEXICO CITY (Reuters) - Assailants kidnapped and killed a reporter who covered the crime beat in Mexico's Veracruz state, officials said on Thursday, the latest in a series of attacks on journalists amid a relentless drug war across the country.
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| Myanmar fighting displaces thousands Posted: 14 Jun 2012 10:11 PM PDT Army offensive against Kachin rebels has forced more than 60,000 people into refugee camps.
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| China apologises to woman forced to abort Posted: 14 Jun 2012 09:59 PM PDT Three officials responsible for the act are also suspended after photos posted online caused uproar.
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| NATO Says EU Crisis Poses Little Security Risk Posted: 14 Jun 2012 10:36 PM PDT The European Union's crisis and the possible breakup of the bloc's single currency doesn't pose a significant threat to security, said Anders Fogh Rasmussen, NATO's Secretary General.
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| To Succeed as an Entrepreneur, Know Your Customer Posted: 14 Jun 2012 08:31 PM PDT Knowing and understanding targeted customers is the overarching rule of exceptional companies. Award-winning business builders know their customers as well as they know their own families, perhaps even more so. Cover girl Kathy Ireland is a brilliant example of a successful businesswoman who knows her customers, as Forbes contributor noted on Feb. 14. Contributor Erika ...
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| Mayor gets 51 months in prison in U.S.-Mexico gun case Posted: 14 Jun 2012 05:29 PM PDT (Reuters) - The ousted mayor of a small New Mexico border town who helped run nearly 200 firearms to a violent Mexican drug cartel was sentenced on Thursday to 51 months in prison, authorities said. Eddie Espinoza, 52, the former mayor of Columbus, received the sentence from U.S. District Judge Robert Brack in federal court in Las Cruces, New Mexico, U.S. Attorney Robert Pitman said. ...
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| China's Yili recalls tainted milk powder, shares slump Posted: 14 Jun 2012 08:22 PM PDT SHANGHAI (Reuters) - Inner Mongolia Yili Industrial Group Co, one of China's top two milk producers, has recalled baby formula tainted with "unusual" levels of mercury, sending its shares down 10 percent on Friday. In the latest scandal to hit the country's dairy sector, Yili said in a statement on its website that the recall, which began on Wednesday, applied to "Quan You" baby formula products produced between November 2011 and May 2012. The products were sold nationwide, according to media reports. The firm is investigating the cause, it said, adding other products were not tainted. ...
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| VIDEO: DR Congo conflict threatens habitat Posted: 14 Jun 2012 08:03 PM PDT Renewed fighting in eastern DR Congo is threatening one of the world's largest and most important nature reserves.
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| Why You Really Need To Buy A PlayStation 3 Posted: 14 Jun 2012 08:16 PM PDT The Sixth Axis calls this ad one of Sony?s best, pointing out that it?s about time Sony made its free??PlayStation Network (PSN)??a selling point (as opposed to Microsoft?s paid subscription service.) I think the PS3 is a fantastic system, but this ad pretty much has me running for the hills. Annoying music? Check. Lots of ...
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| Southeast Asia Is Cautious on Economic Ties Posted: 14 Jun 2012 06:29 PM PDT As Southeast Asia progresses toward a more integrated regional economy, the best-known model, the euro zone, is threatening to come apart.
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| Russian Security Official Apologizes Posted: 14 Jun 2012 06:31 PM PDT A top Russian law-enforcement official apologized to journalists from a leading opposition newspaper on Thursday, a day after the paper said he threatened to kill one of its writers during a walk outside Moscow.
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