Economics

U.S. fiscal war could prove self-defeating Fallback Image Decorative pattern

Economic Indicators

U.S. fiscal war could prove self-defeating

Signs are emerging that the ongoing budgetary tug of war between Obama and the Republicans will be protracted, the economic cost of which could be punishing in proportion. Last month’s fiscal cliff deal caused a budgetary contraction of about 1.5% of U.S. gross domestic product, most of which was due to the decision to let […]

By Staff |January 28, 2013

1 min read

WEF: Carney, Lagarde say recovery fragile and timid Fallback Image Decorative pattern

Economic Indicators

WEF: Carney, Lagarde say recovery fragile and timid

Mark Carney, governor of the Bank of Canada and Christine Lagarde, managing director, International Monetary Fund (IMF), among others at the 43rd World Economic Forum Annual Meeting, have sounded a cautionary note about the fragile nature of the global economic recovery even if it faces fewer challenges this year, says a World Economic Forum news […]

By Staff |January 28, 2013

2 min read

WEF: liquidity bubble a risk as economy improves Fallback Image Decorative pattern

Economic Indicators

WEF: liquidity bubble a risk as economy improves

Attention was drawn, on the fourth day of the 43rd World Economic Forum (WEF) in Davos, Switzerland, to the risk of a liquidity bubble as the global economy gains momentum. Speaking at the annual meet, Ray Dalio, founder and chief investment officer of Bridgewater Associates, warned against such a consequence. Quoted in a WEF news […]

By Staff |January 25, 2013

2 min read

CFIB exposes “ridiculous” red-tape rules Fallback Image Decorative pattern

Industry

CFIB exposes “ridiculous” red-tape rules

If your small biz clients feel bogged down by regulatory requirements, they’re not alone.

By Staff |January 25, 2013

3 min read