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	<title>Economy News</title>
	<link>http://www.economynews.us</link>
	<description>Economy and Business News</description>
	<lastBuildDate>Mon, 21 Nov 2011 19:22:13 +0000</lastBuildDate>
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	<language>en</language>
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		<title>Congress Fails, Markets Wail.  Supercommittee Can&#8217;t Agree On A Deal.</title>
		<description><![CDATA[Congress failed to strike any deficit reduction deal or compromise on a plan that would replace the mandatory cuts put in place in case negotiations failed. The Super Committee’s inability to reach a deal triggers $1.2 trillion in spending cuts over a 10 year period in military and civilian budgets. Keep in mind that $1.2 [...]]]></description>
		<link>http://www.economynews.us/economy/congress-fails-markets-wail-supercommittee-cant-agree-on-a-deal/</link>
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		<title>SuperCommittee Under The Gun, Obama Threatens</title>
		<description><![CDATA[Washington &#8211; CBO Congressional Budget Office projected 2011 government receipts for 2011 at 15.4 percent of GDP or 2.6 percent below the 40-year average of 18 percent. Obama Steps In According to White House representative Jay Carney, President Obama called Republican and Democratic leadership to encourage and threaten the 12 member supercommittee to make a [...]]]></description>
		<link>http://www.economynews.us/economy/supercommittee-under-the-gun-obama-threatens/</link>
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		<title>Italy and Greece Lose Their Heads, Markets Reward</title>
		<description><![CDATA[European Union &#8211; Italy&#8217;s Premier Silvio Berlusconi and Greek Prime Minister Papandreou were both ousted or promised to leave in the last 24 hours. In response to Italy&#8217;s initial inaction, borrowing rates for Italy&#8217;s debt rose to 7.48 percent Wednesday. Italian Solution Investors dumped Italian debt onto the market avoiding additional risk associated with Italy [...]]]></description>
		<link>http://www.economynews.us/economy/italy-and-greece-lose-their-heads-markets-reward/</link>
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		<title>Clinton Critiques Obama In Book, Gives Economic Solutions</title>
		<description><![CDATA[Former U.S. president Bill Clinton offers solutions to fix the economy in book and interviews. Like a helicopter parent, former president Bill Clinton gives economic advice to the second straight sitting U.S. President. According to Politico, in Clinton&#8217;s book, Back to Work, he criticized Obama&#8217;s administration for extending the Bush tax cuts for the wealthy [...]]]></description>
		<link>http://www.economynews.us/economy/clinton-critiques-obama-in-book-gives-economic-solutions/</link>
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		<title>Deadline Looming, Boehner Cites Class Warfare</title>
		<description><![CDATA[Washington, DC &#8211; Boehner cites Obama&#8217;s &#8220;class warfare&#8221; as why Obama&#8217;s relationship with him has cooled. Revenues are still the main hurdle in negotiations for the &#8220;super committee&#8221; or the Joint Select Committee on Deficit Reduction. U.S. Downgrade After citing the political fiasco called debt ceiling talks earlier this year, S &#38; P downgraded U.S. [...]]]></description>
		<link>http://www.economynews.us/economy/deadline-looming-boehner-cites-class-warfare/</link>
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		<title>ECB Outlines Bond Purchases, Stipulations</title>
		<description><![CDATA[ECB launches new bond purchase, with conditions. October 6th the governing board of the ECB resolved to buy covered bonds or (CBPP2). Early November, they decided on the the technical aspects for the covered bond buying programed. Direct Purchase Euro-denominated covered bonds in the euro area can be directly purchased on condition they are at [...]]]></description>
		<link>http://www.economynews.us/economy/ecb-outlines-bond-purchases-stipulations/</link>
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		<title>Greece&#8217;s Turnabout Sets Off Chain Reaction</title>
		<description><![CDATA[Greece &#8211; Greek Prime Minister Papandreou proposed a referendum vote to pass austerity measures included within the Greek bailout. Most Greeks are against more austerity measures according to several polls. The EU Greek bailout seems to be on the precipice of disaster. Markets across the pond and in the U.S. took a nosedive. In the [...]]]></description>
		<link>http://www.economynews.us/economy/greeces-turnabout-sets-off-chain-reaction/</link>
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		<title>Greek Debt Deal Could Solve Euro Confidence Crisis</title>
		<description><![CDATA[Greek debt deal hammered out &#8211; still much to be finalized. In a last minute deal, Europeans found enough common ground to help rebuild confidence in the Euro and offer a solution, albeit temporary, to the Greek debt problem. Four Steps Euro-Zone Offers To Solve Greek Debt Problem: Private banks accept 50 percent losses on [...]]]></description>
		<link>http://www.economynews.us/economy/greek-debt-deal-could-solve-euro-confidence-crisis/</link>
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		<title>Hedge Fund Investor Biggs Vetoes Austerity (Video)</title>
		<description><![CDATA[Barton Biggs thinks European Austerity is a &#8220;big mistake&#8221;. As noted in the Ireland austerity piece, the reward to severe austerity during down times are lower GDP and higher costs to borrow. Biggs wants increased spending until the markets correct themselves and then begin implementing austerity. Proposed U.S. Spending Cuts Of course, he hopes the [...]]]></description>
		<link>http://www.economynews.us/economy/hedge-fund-investor-biggs-vetoes-austerity-video/</link>
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		<title>Headache or Helping?  Obama&#8217;s New Housing Proposal</title>
		<description><![CDATA[Washington, D.C. Obama&#8217;s refinance plan could positively help at least 800,000 homeowners with negative equity… possibly millions. Why does this matter for the overall economy? Most While Obama&#8217;s American Jobs Act focuses on start ups and venture capital economic incentives to drive job creation, most new jobs are mom and pop jobs and basic small [...]]]></description>
		<link>http://www.economynews.us/economy/headache-or-helping-obamas-new-housing-proposal/</link>
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		<title>Hopes of Domestic Spending for Ireland Not Good</title>
		<description><![CDATA[Ireland, an aggressive budget cutting and draconian austerity policy country from the PIIGS (Portugal, Ireland, Italy, Greece, Spain), hasn&#8217;t stopped sliding. Their GDP went from 178 Billion Euros in 2007 to 160 Billion Euros in 2010. There are few good signs as net imports increased while domestic demand is projected to plummet. Not resolving the [...]]]></description>
		<link>http://www.economynews.us/economy/hopes-of-domestic-spending-for-ireland-not-good/</link>
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		<title>Rogue Politicians Are Pushing the US Toward the Same Irish Cliff</title>
		<description><![CDATA[Ireland. Pre economic meltdown, Ireland had one of the fastest growing economies in the EU. Real estate grew at precipitous rates and it&#8217;s GDP surged. Then the global recession hit hard, tumbling Ireland to the cellar of world economies like a boxer felled by a crushing right cross. What Happened? Before the fall, Foreign investors [...]]]></description>
		<link>http://www.economynews.us/economy/ireland-rogue-politicians-are-pushing-the-us-toward-the-same-cliff/</link>
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		<title>5% Growth, Inflation Fears For Sub-Sahara in 2012</title>
		<description><![CDATA[Sub&#8211;Sahara Reagion, Africa IMF, projects economic growth for 2011 at 5.25% and 5.75% for 2012. Demand for domestic commodities and rising export demand will fuel much of the economic expansion in the next couple of years. Most of the sub-Sahara countries are characterized by low-income. Domestic demand has been growing with the increasing exports… with [...]]]></description>
		<link>http://www.economynews.us/economy/5-growth-inflation-fears-for-sub-sahara-in-2012/</link>
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		<title>Currency Agreement May Lead to Free Trade For South Korea and Japan</title>
		<description><![CDATA[SEOUL, South Korea &#8212; In an effort to resume free trade discussions, representative from South Korea and Japan found common ground increasing the amount of a currency-swap deal. While both countries are key allies to the U.S., South Koreans still resent Japan for its 35 year occupation from 1910 to 1945. Extending a goodwill gesture, [...]]]></description>
		<link>http://www.economynews.us/economy/currency-agreement-may-lead-to-free-trade-for-south-korea-and-japan/</link>
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		<title>State Unemployment Insurance Abuse Costs Taxpayers Billions of Dollars</title>
		<description><![CDATA[During Recession, Improper State Unemployment Insurance Payments Skyrocket.  Department of Labor reports billions lost in UI payments and 9 steps to improve troubled states.]]></description>
		<link>http://www.economynews.us/economy/state-unemployment-insurance-abuse-costs-taxpayers-billions-of-dollars/</link>
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		<title>GAP Downgrade, Store Reduction</title>
		<description><![CDATA[After Gap Inc (NYSE: GPS) reported September 2011 sales were unchanged &#8211; flat from the same period last year, the company is reducing its North American store presence and moving to new locations in South America. Part of the financial plan is 10 percent cuts in store square footage by 2012 when compared to 2007. [...]]]></description>
		<link>http://www.economynews.us/economy/gap-downgrade-store-reduction/</link>
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		<title>Are State Taxes or Median Income Key to Prosperity?  Surprising results.</title>
		<description><![CDATA[State taxes can be an important factor when deciding where to relocate residences, relocating businesses, or retirement living.  Based upon the data below, taxes may influence social phenomenon like the Tea Party and now the Occupy Wall Street movement.  The Tax Foundation* (right leaning non-profit organization) recently made a list with the most and least [...]]]></description>
		<link>http://www.economynews.us/economy/are-state-taxes-or-median-income-key-to-prosperity-surprising-results/</link>
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		<title>Is Debt Relief a Way to Economic Resilience?</title>
		<description><![CDATA[by Guest Financial blog writer Amy Lewis Debt relief provides people, businesses and governments with a fresh financial start. In a report named ‘The Small Business Economy 2009’, the Small Business Administration describes that because of the capability to file for insolvency, innovation and private enterprise is booming in the U.S. economy. Within the same [...]]]></description>
		<link>http://www.economynews.us/economy/is-debt-relief-a-way-to-economic-resilience/</link>
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		<title>$44 Billion Trade Deficit, The Other Monkey On The Economy&#8217;s Back</title>
		<description><![CDATA[In 1992, the trade deficit was $44 billion dollars less than July&#8217;s trade report by the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. While cutting spending has dominated the economic policy headlines, the other major impediment to growth and balancing the U.S budget isn&#8217;t being even looked at&#8230; July&#8217;s trade imbalance was [...]]]></description>
		<link>http://www.economynews.us/economy/44-billion-trade-deficit-the-other-monkey-on-the-economys-back/</link>
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		<title>Is Quantitative Easing Causing Market Instability?</title>
		<description><![CDATA[Quantitative easing is the lightning rod topic for economists and pseudo-economists talking heads. What has the role of government been and how has it affected the market? Talking heads from the political and financial sector continue rhetoric that disparages government action are now backtracking. Long term economic growth needs to have strong private sector investment [...]]]></description>
		<link>http://www.economynews.us/economy/is-quantitative-easing-causing-market-instability/</link>
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		<title>Do Jobless Benefits Keep You Unemployed? And official August unemployment rates.</title>
		<description><![CDATA[Negative effect of jobless benefits on the economy appears to be less than originally thought according to a new study. While official August 2011 unemployment remain statistically unchanged at 9.1% (see report details below), a new study by Jesse Rothstein, examines the effect of long term benefit extensions on re employment rates. Does Unemployment Insurance [...]]]></description>
		<link>http://www.economynews.us/economy/do-jobless-benefits-keep-you-unemployed-and-official-august-unemployment-rates/</link>
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		<title>House Subverts Wages</title>
		<description><![CDATA[GOP Rep. Tim Scott introduced a bill that was approved Thursday preventing the (National Labor Relations Board) NLRB from ordering an &#8220;employer to close, relocate, or transfer employment under any circumstance.&#8221; BA, Boeing receives a majority of its revenue from taxpayers through government contracts. Earlier this year Boeing received another contract from the the federal [...]]]></description>
		<link>http://www.economynews.us/economy/house-subverts-wages/</link>
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		<title>Report Concludes What Factors Led to 11 Deaths &amp; Worst Oil Spill In Gulf Of Mexico</title>
		<description><![CDATA[U.S. government investigation concludes final report on massive Gulf of Mexico oil spill disaster that killed 11 workers. BOEMRE&#8217;s JIT (Joint Investigation Team) found BP (British Petroleum) actions contributed to the Macondo well and operations of the Deepwater Horizon platform. Full of recommendations to prevent future disasters, the report details what went wrong and who/what [...]]]></description>
		<link>http://www.economynews.us/economy/report-concludes-what-factors-led-to-11-deaths-worst-oil-spill-in-gulf-of-mexico/</link>
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		<title>Geithner Opines Three Solutions To Solve Financial Crisis</title>
		<description><![CDATA[Treasury Secretary, Timothy Geithner, offered three solutions to help pull the global markets out of the current financial crisis in an op-ed this week. Steps aimed at halting a double dip recession and further economic uncertainty detail actions to take from the U.S., Europe, and then BRIC countries. First: U.S. Job, Investment, and Incentives &#8211; [...]]]></description>
		<link>http://www.economynews.us/economy/geithner-opines-three-solutions-to-solve-financial-crisis/</link>
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		<title>Study:  Surprising Headway For Young Uninsured, Tea Party Cheers Death</title>
		<description><![CDATA[Current Population Survey is the most widely received study on health insurance coverage and uninsured. According to the Census Bureau&#8217;s study, the uninsured in 2010 were no more statistically different than the uninsured in 2009. In 2009, the broad population percentage of uninsured were 16.1% versus 16.3% in 2010. 49.9 million people were without any [...]]]></description>
		<link>http://www.economynews.us/economy/study-surprising-headway-for-young-uninsured-tea-party-cheers-death/</link>
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		<title>Tuesday Dow, Global Market Gains Weak</title>
		<description><![CDATA[Dow ($INDU) is indecisive Tuesday. Based upon global market&#8217;s action over the last week, without government intervention a double dip recession is imminent. The Dow opened below the close on Monday, surged higher and then gave up its gains. S&#038;P 500 ($INX) and NASDAQ ($COMPX) opened slightly higher and has maintained relatively small gains. While [...]]]></description>
		<link>http://www.economynews.us/economy/tuesday-dow-global-market-gains-weak/</link>
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		<title>Monday Market Indecision&#8230; global debt and political fears.</title>
		<description><![CDATA[With no safety net from federal governments in the U.S. and Europe, domestic and global markets are showing signs of uncertainty. Dow ($INDU) and S&#038;P 500 ($INX) opened lower Monday from Friday&#8217;s close and at this point has stayed lower. NASDAQ ($COMPX) is up slightly. With stalling economies and investors dependent as of late on [...]]]></description>
		<link>http://www.economynews.us/economy/monday-market-indecision-global-debt-and-political-fears/</link>
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		<title>Record Summer Unemployment</title>
		<description><![CDATA[U.S. youth unemployment rate reach record numbers.  BEA reports lowest summertime employment since it began tracking youth unemployment rates.  Employment rates lower than leading industrialized countries.  ]]></description>
		<link>http://www.economynews.us/economy/record-summer-unemployment/</link>
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		<title>U. S. Markets Up Sharply, Jobs Stimulus &amp; Global Markets</title>
		<description><![CDATA[Following the news of President Obama&#8217;s expected $300 billion job growth proposal, the market ended a miserable run of consecutive losses. Today, the Dow ($INDU) is up 2% or over 200 points. Other major indexes, (Standard &#038; Poor) S &#038;P 500 ($INX) and the Nasdaq ($COMPX) also rose +2% this morning. Gold spot prices fell [...]]]></description>
		<link>http://www.economynews.us/economy/u-s-markets-up-sharply-jobs-stimulus-global-markets/</link>
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		<title>Regarding Calling In Sick, Which Country Is The Sickest? (Video)</title>
		<description><![CDATA[By far China is the &#8220;sickest&#8221; country of 35 industrialized nations surveyed. (Absentee video attached below.) Survey Said: China led all other polled regions with 71 % of workers admitting to calling in sick if they weren&#8217;t actually ill. France had the smallest number with only 16 %. U.S. had 52 % ring in ill [...]]]></description>
		<link>http://www.economynews.us/economy/which-country-is-the-sickest-video/</link>
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		<title>$60 Billion Likely Lost In Iraq And Afghanistan War</title>
		<description><![CDATA[At least $31 billion and up to $60 billion has been lost to contract fraud and waste in Iraq and Afghanistan, according to a recent congressional commission findings. The Iraq and Afghanistan War are projected to cost U. S. taxpayers well over a trillion dollars on direct war effort costs. Possibly trillions of dollars, when [...]]]></description>
		<link>http://www.economynews.us/economy/60-billion-in-iraq-and-afghanistan-war/</link>
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		<title>Second Largest Home Improvement Retailer in the World to Buy Back $5 Billion of It&#8217;s Common Stock</title>
		<description><![CDATA[Lowe&#8217;s Company Inc plans to buy back the companies common stock over the next two to three years. Although this new repurchase authorization has no expiration date, the company expects to use the full amount over the next two to three years. It&#8217;s Board of Directors also declared a quarterly cash dividend of fourteen cents [...]]]></description>
		<link>http://www.economynews.us/economy/second-largest-home-improvement-retailer-in-the-world-to-buy-back-5-billion-of-its-common-stock/</link>
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		<title>Reagan Official Says, GOP Has &#8220;checked out of reality&#8221; (Video)</title>
		<description><![CDATA[Former director of the OMB, congressman, and former Reagan official, David Stockman, declared all of the GOP presidential candidates are &#8220;willfully ignoring the facts of life&#8221;. One unanimous, &#8220;NO!&#8221; from the collective GOP candidates particularly shocked David Stockman. The question? &#8220;Would you be in favor of a one to ten deficit reduction plan (for every [...]]]></description>
		<link>http://www.economynews.us/economy/reagan-official-gop-checked-out-reality-video/</link>
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		<title>Biggest Shell Oil Spill In Decades Pours Into North Sea</title>
		<description><![CDATA[Shell oil is struggling to control the biggest oil spill in British seas since 2000. Reminiscent of BP&#8217;s efforts to stop the oil rig leak in the gulf, the oil mega giant is trying to stem the daily flood of at least a thousand barrels into the North Sea. Last Wednesday, the main oil leak [...]]]></description>
		<link>http://www.economynews.us/economy/biggest-shell-oil-spill-in-decades-pours-into-north-sea/</link>
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		<title>Charleston South Carolina</title>
		<description><![CDATA[Mind-blowing shrimp &#8216;n&#8217; grits just minutes from an awesome southern surf scene. To wake up under the ornate fourteen-foot ceilings of the Wentworth Mansion is to wonder if some southern heiress took you home with her the night before. The stately digs were once the city&#8217;s finest home, and they make you feel not like [...]]]></description>
		<link>http://www.economynews.us/economy/charleston-south-carolina/</link>
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		<title>Boehner to seek smaller 2 trillion deal</title>
		<description><![CDATA[House Speaker John Boehner informed President Barack Obama Saturday that a smaller agreement of about $2 trillion was more realistic. In a statement issued Saturday evening, Boehner said: &#8220;Despite good-faith efforts to find common ground, the White House will not pursue a bigger debt reduction agreement without tax hikes.&#8221; The White House responded that Obama [...]]]></description>
		<link>http://www.economynews.us/economy/boehner-to-seek-smaller-2-trillion-deal/</link>
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		<title>Retail sales and jobs reports send stocks higher and higher</title>
		<description><![CDATA[U.S. retailers had their best June sales results since 1999 as shoppers were lured into stores by warm weather and deep discounts. Kohl&#8217;s Corp., Target Corp., and Urban Outfitters Inc. each gained more than 6 percent. Investors have been concerned that high gas prices would constrain consumer spending as people looked for ways to save [...]]]></description>
		<link>http://www.economynews.us/economy/retail-sales-and-jobs-reports-send-stocks-higher/</link>
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		<title>Obama Summit Be Remembered</title>
		<description><![CDATA[Will Americans learn much new about their countrys relationship with China from this week? It is likely that for many existing perceptions and fears will only be reinforced, and that for many others, Hu’s visit barely registered in their lives. But don’t underestimate the subtle power of presidential summits to shape longer-term, big picture feelings [...]]]></description>
		<link>http://www.economynews.us/economy/obama-summit-be-remembered/</link>
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		<title>Tesla Roadster reaches the end of the line</title>
		<description><![CDATA[Tesla Roadster reaches the end of the line Tesla&#8217;s next big thing: Tesla&#8217;s roadster production is coming to halt as the maker of battery-powered cars switches its focus to the upcoming Model S electric sedan. The first sales of the Model S sedan are expected to begin around the middle of 2012. At a starting [...]]]></description>
		<link>http://www.economynews.us/economy/tesla-roadster-reaches-the-end-of-the-line/</link>
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		<title>Investment Turkey Country</title>
		<description><![CDATA[Continuing to keep the stability in Turkey and the Turks pursued with great interest the people of the territory of the Republic of Turkey Prime Minister Recep Tayyip Erdogan as well as outside of the country a lot of respect all over the world. Foreigners who invest in the country very pleased with the direction [...]]]></description>
		<link>http://www.economynews.us/economy/investment-turkey-country/</link>
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		<title>By China Earnings Jump At JPMorgan But Street Stifled</title>
		<description><![CDATA[By China Earnings Jump At JPMorgan But Street Stifled The report drew a muted reaction though, with JPMorgan shares up 0.8%. Bank of America ( BAC &#8211; news &#8211; people ) and Citigroup ( C &#8211; news &#8211; people ), due to report earnings next week, were up 0.5% and 0.7% respectively. Intel ( INTC [...]]]></description>
		<link>http://www.economynews.us/economy/by-china-earnings-jump-at-jpmorgan-but-street-stifled/</link>
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		<title>Form Maker</title>
		<description><![CDATA[JotForm is the best form maker. Making forms is so easy with JotForm. JotForm is a online form creation tool. You can suddenly start to make forms and customize by simply dragging and dropping the elements that you need. There is no setup, no installation, no complex instructions needed. Using JotForm is so easy&#8230; You [...]]]></description>
		<link>http://www.economynews.us/economy/form-maker/</link>
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		<title>Wall Street slips on global growth worry</title>
		<description><![CDATA[NEW YORK (Reuters) &#8211; Stocks fell slightly on Wednesday after a downgrade of Portugal&#8217;s credit rating, China&#8217;s interest rate rise and a soft report on the U.S. services sector sparked jitters about global growth prospects. The downgrading of Portugal&#8217;s credit rating to &#8220;junk&#8221; by Moody&#8217;s shocked financial markets and cast new doubt on European efforts [...]]]></description>
		<link>http://www.economynews.us/economy/wall-street-slips-on-global-growth-worry/</link>
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		<title>White House Tim Geithner Sonsidering Leaving The</title>
		<description><![CDATA[White House Tim Geithner Sonsidering Leaving The CNNMoney&#8217;s Jen Liberto, CNN&#8217;s Gloria Borger, Chief Political Analyst, and Jessica Yellin, Chief White House Correspondent, contributed to this report. Tim Geithner is considering leaving his post as Secretary of the Treasury after a deal to raise the debt ceiling is reached, a source familiar with the discussion [...]]]></description>
		<link>http://www.economynews.us/economy/white-house-tim-geithner-sonsidering-leaving-the/</link>
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		<title>Vietnam Government to Spend $17 Billion to Stimulate Vietnam Economy</title>
		<description><![CDATA[The Vietnamese government announced it will spend $17 billion in 2009 in order to stimulate the Vietnam economy in the wake of the global economic crisis according to Bloomberg. While a portion of the spending plan is part of the over all budget for the Vietnam economy, the amount is 23 percent higher as the [...]]]></description>
		<link>http://www.economynews.us/economy/vietnam-government-to-spend-17-billion-to-stimulate-vietnam-economy/</link>
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		<title>Land Rover Freelander 2</title>
		<description><![CDATA[Freelander 2 LR2 &#8211; E &#8211; S &#8211; XS &#8211; SE &#038; HSE Models, Explore the Land Rover Freelander 2, LAND ROVER &#8211; FREELANDER 2 2.2 TD4 HSE, Land Rover Freelander 2 SD4 Sport, 2011 Land Rover Freelander 2 gets minor facelift, 2011 Land Rover LR2/Freelander 2 revealed, Land Rover Freelander 2 TD4 review, 2011 [...]]]></description>
		<link>http://www.economynews.us/economy/land-rover-freelander-2/</link>
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		<title>Saigon Securities to List on Singapore Stock Exchange</title>
		<description><![CDATA[Through cooperative agreements between Vietnam and Singapore, Saigon Securities, Vietnams leading securities brokerage plans to list on the Singapore stock exchange in 2008 according to the Wall Street Journal. In addition to Saigon Securities, Vietnam companies such as Vinamilk (dairy producer) and FPT (IT services) plan to list on either the Singapore stock exchange or [...]]]></description>
		<link>http://www.economynews.us/economy/saigon-securities-to-list-on-singapore-stock-exchange/</link>
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		<title>Vietnam Protest Over Spratly and Paracel Islands</title>
		<description><![CDATA[The people of Vietnam, despite the Vietnam government, protested on Sunday outside the China embassy over the partial claim of the Spratly and Paracel islands by the Chinese government according to AFP. The Chinese government took partial position of the islands from South Vietnamese forces in 1974 which have created on going concern ever since [...]]]></description>
		<link>http://www.economynews.us/economy/vietnam-protest-over-spratly-and-paracel-islands/</link>
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		<title>Thai Economy Loses $2.9 Billion from ‘Red Shirt’ Riots</title>
		<description><![CDATA[The Thai government estimates that the most recent riots by ‘Red Shirt’ protestors has cost the Thailand economy as much as $2.9 billion in lost tourism revenue according to AFP. The loss to the Thai economy comes as the Thai government expects that Thailand will see 3.2 million less visitors to Kingdom as tourists spend [...]]]></description>
		<link>http://www.economynews.us/economy/thai-economy-loses-2-9-billion-from-%e2%80%98red-shirt%e2%80%99-riots/</link>
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		<title>Circle K to Invest in Vietnam</title>
		<description><![CDATA[Mentation Couche-Tard Inc, producer of the Circle K brand, has announced it will invest in Vietnam according to Fox News. While the size of the Vietnam investment deal was not disclose, the deal was signed as an exclusive master franchise and license agreement with GR Vietnam International Limited through a wholly-owned subsidiary. The move by [...]]]></description>
		<link>http://www.economynews.us/economy/circle-k-to-invest-in-vietnam/</link>
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		<title>Fitch Rating Cut to Hurt Thailand Investment</title>
		<description><![CDATA[Fitch Ratings service announced it has cut Thailand’s sovereign credit ratings from BBB+ to BBB and will likely negatively impact Thailand investment according to AP. The ratings downgrade is clearly in reaction to the continued political turmoil that has caused the current Thai government to declare a state of emergency in the capital of Bangkok [...]]]></description>
		<link>http://www.economynews.us/economy/fitch-rating-cut-to-hurt-thailand-investment/</link>
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		<title>Danone to Further Capitalize on Thailand Investment</title>
		<description><![CDATA[French based Danone has announced it is considering Thailand as its hub for exporting to Singapore and to expand its market-share in Thailand according to the Bangkok Post. A key driver of the move is the zero import tax the will take in effect in 2011 under the Asean Free Trade Area (AFTA). Danone’s investment [...]]]></description>
		<link>http://www.economynews.us/economy/danone-to-further-capitalize-on-thailand-investment/</link>
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		<title>Toyota to Produce Hybrids in Thailand</title>
		<description><![CDATA[Toyota Motor Corp continues to invest in Thailand, the Detroit of Southeast Asia, as it plans to start producing hybrid cars in Thailand according to Bloomberg. The move expects to leverage existing Thailand investments by producing a hybrid version of the Camry by 2010 an existing factory with an output of 10,000 units within 3 [...]]]></description>
		<link>http://www.economynews.us/economy/toyota-to-produce-hybrids-in-thailand/</link>
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		<title>WTO Rules Against US in Thailand Trade Dispute</title>
		<description><![CDATA[The World Trade Organization (WTO) ruled against the US in a Thailand trade dispute involving duties placed on Thai exports of polyethylene retail bags according to Plastics &#38; Rubber Weekly. Claims by the Thai government state that the US calculated duties using a controversial zeroing practice which prompted the US to file an anti-dumping complaint [...]]]></description>
		<link>http://www.economynews.us/economy/wto-rules-against-us-in-thailand-trade-dispute/</link>
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		<title>Thailand Government to Remove Foreign Capital Restrictions</title>
		<description><![CDATA[Prime Minister Samak Sundaravej of the new Thailand government has suggested that he will work towards removing restrictions on foreign capital inflows according to The International Herald Tribune. Thailand investment limits were imposed in 2006 and have since then severely damaged foreign investor confidence and have ultimately affected the growth of the Thailand economy. The [...]]]></description>
		<link>http://www.economynews.us/economy/thailand-government-to-remove-foreign-capital-restrictions/</link>
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		<title>Thailand Ranks 15th in Ease of Doing Business According to the World Bank</title>
		<description><![CDATA[Thailand now ranks 15th, up from 13th in 2007, in the World Banks 2008 ease of doing business report according to The Nation. The key driver of the higher ranking for Thailand is the introduction of e-customs that has led to a fall of costs in exporting and importing. Nonetheless, the World Bank noted that [...]]]></description>
		<link>http://www.economynews.us/economy/thailand-ranks-15th-in-ease-of-doing-business-according-to-the-world-bank/</link>
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		<title>F&amp;P to Invest in Thailand</title>
		<description><![CDATA[New Zealand’s biggest producer of washers and dryers, Fisher &#38; Paykel Appliances (F&#38;P), plans to further invest in Thailand according to Bloomberg. In addition to the Thailand investment, F&#38;P set up plants in Mexico and Italy as it closes down three plants in New Zealand, Australia, and in the US. The company moved its electronics [...]]]></description>
		<link>http://www.economynews.us/economy/fp-to-invest-in-thailand/</link>
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		<title>Thailand Government Extends Leases to Chevron</title>
		<description><![CDATA[The Thailand government has decided to extend Chevron leases for natural gas production of the Thailand coast until 2022 according to the San Francisco Business Times. Through Chevron’s purchase of Unocal in 2005, the Thailand government committed to honoring the agreement and Chevron hopes to produce 1 billion cubic feet of natural gas per day. [...]]]></description>
		<link>http://www.economynews.us/economy/thailand-government-extends-leases-to-chevron/</link>
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		<title>Gap to Invest in Thailand</title>
		<description><![CDATA[US based retailer Gap Inc. has announced plans to invest in Thailand according to Dow Jones. While no specific monetary terms of the Thai investment were disclosed, Gap with partner with Thai based marketer Armin Systems Ltd in order to effectively penetrate the Thai market. Gap’s plans to invest in Thailand will make Thailand the [...]]]></description>
		<link>http://www.economynews.us/economy/gap-to-invest-in-thailand/</link>
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		<title>Tata Motors to Unveil Truck Made in Thailand</title>
		<description><![CDATA[Tata Motors, India’s largest automaker, has unveiled its first pick-up truck made in Thailand according to The Economic Times. The truck, named the Xenon, is a product of the Tata investment in Thailand worth $40.26 million. The Thailand investment by Tata and plans to manufacture 12,500 units a year and aligns with Tata’s global expansion [...]]]></description>
		<link>http://www.economynews.us/economy/tata-motors-to-unveil-truck-made-in-thailand/</link>
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		<title>Chevron to Start Work on $3.1 billion Project</title>
		<description><![CDATA[Chevron has announced that it will start work on its $3.1 billion natural gas Thailand investment project according to East Bay Business Times. The project plans to output 420 million cubic feet of natural gas per day and eventually 1 billion cubic feet per day from Thailand gulf. The lease areas of the Chevron investment [...]]]></description>
		<link>http://www.economynews.us/economy/chevron-to-start-work-on-3-1-billion-project/</link>
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		<title>Thailand Economy Sees More Signs of Inflation</title>
		<description><![CDATA[The Thailand economy saw a rise of 2.5 percent in the Thailand Consumer Price Index (CPI) in the month of October according to RTT News. The key drivers of such inflation on the Thailand economy are in price increases of oil, food and beverages. The Thailand Consumer Price Index (CPI) in the month of September [...]]]></description>
		<link>http://www.economynews.us/economy/thailand-economy-sees-more-signs-of-inflation/</link>
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		<title>Consumer Confidence Rises in Thai Economy</title>
		<description><![CDATA[Consumer confidence in the Thailand economy rose to 71.9 in January according to Businessweek. The positive Thailand economic news marks the the highest consumer confidence reading in 21 months and is up from a reading of 70.4 in December. Consumer confidence in the Thailand economy is tracked by the University of the Thai Chamber of [...]]]></description>
		<link>http://www.economynews.us/economy/consumer-confidence-rises-in-thai-economy/</link>
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		<title>Vote Buying to Swell Thailand Economy by $1 Billion</title>
		<description><![CDATA[Economist estimate that vote buying because of upcoming Thai elections will swell the Thailand economy by at least $1 billion according to the International Herald Tribune. While vote buying in many developed countries is masked through political promises if elected, the political process in Thailand is different as many Thai people expect to be paid [...]]]></description>
		<link>http://www.economynews.us/economy/vote-buying-to-swell-thailand-economy-by-1-billion/</link>
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		<title>Rates Unchanged for the Thai Economy</title>
		<description><![CDATA[The Bank of Thailand has left interest rates unchanged in order to help spur the Thailand economy according to WSJ. The current interest rate for the Thai economy stands at 1.25 percent and is expected to remain at this level throughout the rest of the year with a possible slight increase in 2010. More concerning [...]]]></description>
		<link>http://www.economynews.us/economy/rates-unchanged-for-the-thai-economy/</link>
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		<title>Suspicion Over 6 Million Hong Kong Dollars</title>
		<description><![CDATA[As the Thai election gets closer, more concern by the Thailand government over vote buying continues to permeate according to the Bangkok Post. The Anti-Money Laundering Office (AMLO) and the Immigration Police Bureau have both been assigned by the Thailand government to investigate 6 million undeclared Hong Kong dollars that have been brought into Thailand [...]]]></description>
		<link>http://www.economynews.us/economy/suspicion-over-6-million-hong-kong-dollars/</link>
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		<title>Consumer Prices Drop as Thai Economy Declines</title>
		<description><![CDATA[The Thailand economy continues to see deflationary pressure on consumer prices as the Thai CPI dropped 3.3 percent in May according to Bloomberg. The fall in consumer prices make it the fifth consecutive decline since January and accounts for the longest contraction in the Thai economy in the last nine years. Despite the deflationary Thai [...]]]></description>
		<link>http://www.economynews.us/economy/consumer-prices-drop-as-thai-economy-declines/</link>
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		<title>Thailand to Patrol Malacca Straits</title>
		<description><![CDATA[Thailand plans to help patrol the Malacca Straits in conjunction with patrols already in place by Indonesia, Malaysia and Singapore according to the International Herald Tribune. This move spotlights the importance of the Malacca Straits with regard to global trade. The Malacca Straits is the main passageway between the Pacific and Indian oceans. It is [...]]]></description>
		<link>http://www.economynews.us/economy/thailand-to-patrol-malacca-straits/</link>
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		<title>Thailand Exports Decline 26 Percent</title>
		<description><![CDATA[Thailand exports declined 26.5 percent in January to account for its biggest decline in 12 years according to The International Herald Tribune. The negative Thailand trade news comes as the global economic crisis starts to severely impact emerging markets that rely heavily on export revenues from the developed world. All of Thailand’s leading sectors impacted [...]]]></description>
		<link>http://www.economynews.us/economy/thailand-exports-decline-26-percent/</link>
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		<title>GM to Invest in Thailand $455 Million</title>
		<description><![CDATA[General Motors Corporation has announced it will invest in Thailand $455 million over the next two years to upgrade existing production lines and open a new diesel-engine plant according to Reuters. The new plant will expand on an existing plant located in Rayong Province, otherwise known as the the “Detroit of Asia”, to add an annual [...]]]></description>
		<link>http://www.economynews.us/economy/gm-to-invest-in-thailand-455-million/</link>
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		<title>Japanese Food Processors Move from China to Thailand</title>
		<description><![CDATA[Japanese food processors are moving back to Thailand from China because of food quality concerns according to the Bangkok Post. The obvious driver of the move by hundreds of Japanese food processors to move to Thailand is due to lack of Japanese consumer confidence in goods from China as the media over the last few [...]]]></description>
		<link>http://www.economynews.us/economy/japanese-food-processors-move-from-china-to-thailand/</link>
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		<title>Vietnam Government to Rise Vietnam Steel Export Duties</title>
		<description><![CDATA[The Vietnam government has announced it will double the Vietnam trade duty on steel exports to 20 percent according to The Economic Times. The Vietnam trade increase by the Vietnamese government is design to limit steel exports as Vietnam relies heavily on steel imports from China.]]></description>
		<link>http://www.economynews.us/economy/vietnam-government-to-rise-vietnam-steel-export-duties/</link>
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		<title>Thai Government to Increase Ethanol to Curb Thailand Imports of Oil</title>
		<description><![CDATA[The Thai government has announced that it plans to double the amount of ethanol used in petroleum in order to curb Thailand imports of oil according to The Star Online. As Thailand imports most of its oil and oil prices continue to rise, the Thai government is shooting for a 20% ethanol mix at most [...]]]></description>
		<link>http://www.economynews.us/economy/thai-government-to-increase-ethanol-to-curb-thailand-imports-of-oil/</link>
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		<title>Thai Exports Decline 25.9 Percent</title>
		<description><![CDATA[Thailand exports declined 25.9 percent in June for an either consecutive month according to AP. The key driver to the decline in Thailand trade is a clear lack of global demand in cars, electronics and other goods as the global recession continues to take hold. Despite the 25.9 percent decline, which accounts for $12.3 billion [...]]]></description>
		<link>http://www.economynews.us/economy/thai-exports-decline-25-9-percent/</link>
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		<title>Thailand Government to Release Rice Stockpiles</title>
		<description><![CDATA[The Thailand government has announced it will release rice stockpile in order to quell rising domestic prices of rice according to Forbes. The amount of the 2 million ton rice stockpile that the Thailand government will release was not disclosed. Nonetheless, any added supply to the Thailand economy will help since Thai rice prices are [...]]]></description>
		<link>http://www.economynews.us/economy/thailand-government-to-release-rice-stockpiles/</link>
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		<title>Ford Thailand Investment on Schedule</title>
		<description><![CDATA[The Ford and Mazda Motor Company investment in Thailand is still on track despite the global recession according to Dow Jones. At an estimated $500 million, the Thailand investment will raise capacity out of the Rayong AutoAlliance facility to 275,000 units. The Thai government is likely pleased with the positive Thailand investment news as the [...]]]></description>
		<link>http://www.economynews.us/economy/ford-thailand-investment-on-schedule/</link>
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		<title>Methanex to Invest in Vietnam</title>
		<description><![CDATA[Canada’s Vancouver-based Methanex has announced possible plans to invest in Vietnam $1 billion according to Reuters. The Vietnam investment will go towards a new methanol plant located in southern Vietnam province of Ba Ria Vung Tau and will act as the countries southern oil and gas hub.]]></description>
		<link>http://www.economynews.us/economy/methanex-to-invest-in-vietnam/</link>
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		<title>Thaksin Shinawatra Leverages Montenegrin Citizenship</title>
		<description><![CDATA[Former Thailand government prime minister Thaksin Shinawatra has arrived in Montenegro according to Reuters. While the current Thailand government would hope for extradition of Thaksin Shinawatra considering a recent Thai court decision to sentence Thaksin Shinawatra for corruption, Montenegrin officials have indicated that since Thaksin Shinawatra is a Montenegrin citizen they will take no action. [...]]]></description>
		<link>http://www.economynews.us/economy/thaksin-shinawatra-leverages-montenegrin-citizenship/</link>
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		<title>Thai Government Capps Budget Deficit to 4% of GDP</title>
		<description><![CDATA[The Thailand government has announced it will cap its budget deficit to 4% of GDP in fiscal 2010 in an effort to stabilize the Thai economy according to The Nation. The Thai economic move is a reaction to a sharp decline in key revenue streams such as Thai exports and tourism. The Finance Ministry expects [...]]]></description>
		<link>http://www.economynews.us/economy/thai-government-capps-budget-deficit-to-4-of-gdp/</link>
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		<title>Thailand Economic Growth Forecast Dropped by Bank of Thailand</title>
		<description><![CDATA[The Bank of Thailand has lowered its Thai economic growth forecast for 2009 from 0 to 2 percent GDP growth to now negative 1.5 to negative 3.5 percent GDP growth according to Xinhua. In addition the Bank of Thailand lowered its Thai economic growth forecast for 2010 from it initial 2 to 4 percent GDP [...]]]></description>
		<link>http://www.economynews.us/economy/thailand-economic-growth-forecast-dropped-by-bank-of-thailand/</link>
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		<title>Protest Over Thailand Economy</title>
		<description><![CDATA[The threat of protest by truck drivers and fisherman over soaring prices are beginning to challenge the Thailand government according to AP. The biggest threat to the Thai government over the deadline to subsidize fuel prices by next Tuesday or else at least 100,000 trucks may drive into Bangkok and cause havoc in the cities [...]]]></description>
		<link>http://www.economynews.us/economy/protest-over-thailand-economy/</link>
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		<title>Brazil Economy Sees Consumer Spending Slow</title>
		<description><![CDATA[The Brazil economy saw Brazilian consumer spending slow twice the rate of GDP between 2008 and 2009 according to Bloomberg. According to Itau analyst, it is estimated that Brazilian personal consumption may slow 7.9 percent this year to 5.2 percent in 2009. Nonetheless, despite the concern that the Brazil government’s attempt to control inflation will [...]]]></description>
		<link>http://www.economynews.us/economy/brazil-economy-sees-consumer-spending-slow/</link>
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		<title>IBM and Infosys fight for Indian IT captive unit of Fidelity</title>
		<description><![CDATA[IBM and Infy are at loggerheads for having Fidelity&#8217;s, (the world&#8217;s largest Mutual Fund Company) Indian IT captive unit. IBM has proposed to pay about $150 million for the acquisition whereas Infy is ready shell out about $180 million for the unit. However, IBM is more likely to emerge as the winner because of the [...]]]></description>
		<link>http://www.economynews.us/economy/ibm-and-infosys-fight-for-indian-it-captive-unit-of-fidelity/</link>
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		<title>ArcelorMittal Eyes Thailand Investment</title>
		<description><![CDATA[ArcelorMittal, the world’s number one steel company, has indicted that it is interested in a Thailand investment according to AFP. However, ArcelorMittal is not quite ready to move forward as it has concerns about the high cost of doing business in Thailand and Thailand’s productivity challenges. Interestingly, ArcelorMittal announcement about a possible investment in Thailand [...]]]></description>
		<link>http://www.economynews.us/economy/arcelormittal-eyes-thailand-investment/</link>
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		<title>A Conversation With Two Sudanese Women</title>
		<description><![CDATA[The two women, Kamilia Ibrahim and Mona Abdellatif welcomed me to chat on a wide range of issues concerning Sudan. The objective of the discussion was to verify media speculation on the state of things in Sudan with particular focus on the war. The day of the interview March 4, 2005 could have not come [...]]]></description>
		<link>http://www.economynews.us/economy/a-conversation-with-two-sudanese-women/</link>
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		<title>Pohamba vows to emulate Nujoma</title>
		<description><![CDATA[The 21st of March 2005 witnessed a rare political happening on the African continent. The smooth transition and change of Presidential power in Namibia was one of those scarce happenings on the continent, especially when compared to other African countries where such events are marred with violence, protests, demonstrations and political discontent. Pride for Southern [...]]]></description>
		<link>http://www.economynews.us/economy/pohamba-vows-to-emulate-nujoma/</link>
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		<title>An exclusive interview with Namibia&#8217;s musical icon: Jossy Joss</title>
		<description><![CDATA[Elvis Mboya talks to the Namibian Hip Hop artist Jossy Joss Having been one of the young Namibian idols of the new hip hop music culture, Jossy Joss has not only made a name for releasing hot tracks locally, but is steadfast to bring Namibian music to greater heights of international recognition.Mboya engaged him in [...]]]></description>
		<link>http://www.economynews.us/economy/an-exclusive-interview-with-namibias-musical-icon-jossy-joss/</link>
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		<title>African Independence is actually &#8216;Second-Hand&#8217;</title>
		<description><![CDATA[There was a time when an African needed an iron sheet roof over his head to be, a &#8216;true man&#8217;, which meant standing out in a crowd. That was way back into the early decades of the previous century, a period when majority of Africans owned grass thatched shelters that were the only source of [...]]]></description>
		<link>http://www.economynews.us/economy/african-independence-is-actually-second-hand/</link>
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		<title>Independence: A Nationalist perspective</title>
		<description><![CDATA[When asked what independence means to them, some individuals say that they see it as a symbol of freedom. Some say that while it is a chance to drink party and celebrate while enjoying the company of friends and family, it is important to remember all those who fought so that Namibians can live in [...]]]></description>
		<link>http://www.economynews.us/economy/independence-a-nationalist-perspective/</link>
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		<title>Black People in the Bible</title>
		<description><![CDATA[As promised in our last edition, this part IV will specifically focus on the historical process that culminated in the metamorphosis of the original colour of Jesus Christ to the now most familiar images,that is, the white Jesus. As could be gathered from our preceding discussions, the question of colour of Jesus Christ can be [...]]]></description>
		<link>http://www.economynews.us/economy/black-people-in-the-bible/</link>
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		<title>Africa Cannot Absorb More Aid</title>
		<description><![CDATA[Is that a reasonable, factual and true statement or a politically motivated remark? It is very strange that while the African continent is busy building the momentum for better economic development, some rather discouraging statements are coming from interesting sources, specifically from one of the &#8216;reputable&#8217; international financialinstitutions such as the International Monetary Fund. According [...]]]></description>
		<link>http://www.economynews.us/economy/africa-cannot-absorb-more-aid/</link>
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		<title>The Plight of African refugees displacement versus development</title>
		<description><![CDATA[Talk of misplacement due to war, destabilization, bad governance, gross abuse and violations of human rights, xenophobia, alienation, persecution, stereotypes, ethnic violence, religious intolerance, post-traumatic stress or even just flat out corruption that leads to mass poverty. Various factors including both the pulling from other less disruptive countries and economies or their stability and pushing [...]]]></description>
		<link>http://www.economynews.us/economy/the-plight-of-african-refugees-displacement-versus-development/</link>
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		<title>Namibia&#8217;s Passionate Pan Africanist</title>
		<description><![CDATA[&#8220;I was born in Swakopmund and went to school in Walvis Bay and Swakopmund. I did my tertiary education in South Africa at the University of Cape Town. I now work at NEDBANK Namibia. I am a mother of two and I am heading the corporate marketing communications department as a Senior Manager. Pan African [...]]]></description>
		<link>http://www.economynews.us/economy/namibias-passionate-pan-africanist/</link>
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		<title>Michael Jackson&#8217;s Acquittal: USA Judicial Maturity</title>
		<description><![CDATA[Michael Jackson was acquitted of all ten charges that bordered around child molestation and giving alcohol to under-aged children. Fans traveled from all corners of the world to witness the court proceedings that could have resulted in Mr Jackson spending more than twenty years in prison had he been found guilty. A snap survey in [...]]]></description>
		<link>http://www.economynews.us/economy/michael-jacksons-acquittal-usa-judicial-maturity/</link>
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		<title>Oprah Winfrey The &#8216;Black Voice&#8217; in a &#8216;White&#8217; World</title>
		<description><![CDATA[As an ideal role model for most of the aspiring great women of the world today, the Total Success Institute compliments the black woman (Oprah) as &#8220;she has done a lot to reinvent herself to become the powerful woman that she is today. What have we blacks got to say to her other than a [...]]]></description>
		<link>http://www.economynews.us/economy/oprah-winfrey-the-black-voice-in-a-white-world/</link>
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		<title>An &#8216;African&#8217; Lingua Franca</title>
		<description><![CDATA[Being an African is something worth so much pride but many a time one would shy away from the African identity. This happens in cases where people consider and fear the stereotyping that comes with our skin colour and what is considered &#8216;primitive&#8217; culture. But hey! Think of the sun&#8217;s rays that those other skin [...]]]></description>
		<link>http://www.economynews.us/economy/an-african-lingua-franca/</link>
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		<title>Namibia &amp; the African Peer Review Mechanism</title>
		<description><![CDATA[At a public talk organised by a local NGO in Namibia, the Hans Seidel Foundation Namibia, the Namibian Foreign Minister Honourable Marco Hausiku stated the Namibian government position on NEPAD and specifically on the APRM. The Minister acknowledged the importance of NEPAD and APRM as &#8220;important issues on the agenda of the African Union, in [...]]]></description>
		<link>http://www.economynews.us/economy/namibia-the-african-peer-review-mechanism/</link>
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		<title>Think BEE, Think Black Money, Black Hands</title>
		<description><![CDATA[The current excitement cutting across the lips of many Namibians is the concept &#8216;Black Economic Empowerment&#8217; (BEE). The concept is extensively written about in many local media. It is also a major theme of many commercial forums and conferences. When one thinks about what is said about this noble concept, one gets so excited and [...]]]></description>
		<link>http://www.economynews.us/economy/think-bee-think-black-money-black-hands/</link>
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		<title>Developmental Journalism is a reflection on us</title>
		<description><![CDATA[This paper wishes to underscore the role of the media. Over the years two main voices have emerged: the call for the public&#8217;s right to know and the exercise of responsible journalism on the part of journalists. The two extreme concerns is indicative that the media are instruments of information and that such information can [...]]]></description>
		<link>http://www.economynews.us/economy/developmental-journalism-is-a-reflection-on-us/</link>
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		<title>Genocide in the Sudan</title>
		<description><![CDATA[It has been said that when God views from heaven atrocities that go the Sudan, the angels weep and the saints begin to cry. It is totally impossible not to be moved by the reports coming out of western Sudan/Darfur, as a humanitarian crisis of immense proportions unfolds. Well over 1 million people have been [...]]]></description>
		<link>http://www.economynews.us/economy/tears-in-the-sand-genocide-in-the-sudan/</link>
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		<title>Saddam&#8217;s Trial: An Act of Retribution?</title>
		<description><![CDATA[Saddam Hussein faces criminal trial and not political charges. Among others, he faces charges on the Invasion of Kuwait, killings of innocent Kurds, Invasion of Iran etc. Although his lawyers argue that he committed these acts under presidential immunity which he crafted whilst president of the country, Dr Muhaffa Al Rubai, a legal practitioner argues [...]]]></description>
		<link>http://www.economynews.us/economy/saddams-trial-an-act-of-retribution/</link>
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		<title>Namibia&#8217;s Compromised Identity</title>
		<description><![CDATA[‘My second bullet cluster deals with Namibians’ copycat syndrome, from big things to little ones. Look at the names of constituencies, neighborhoods, streets and service centers in Katutura (Windhoek&#8217;s high density location) and elsewhere; they are replete with foreign labels. Then the football teams, songs sung by local choirs, including foreign music conductors, even in [...]]]></description>
		<link>http://www.economynews.us/economy/namibias-compromised-identity/</link>
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		<title>Racial Supremacy and Namibia&#8217;s and Kaffirs Boers</title>
		<description><![CDATA[She was 42 when she boarded a bus downtown Montgomery on December 1, 1955 when she caused an unprecedented revolution in racially torn United States of America of yesterday. A bus driver told her to leave her seat for a white man. Lo and behold, she said no. “You are a criminal!” ruled the judge. [...]]]></description>
		<link>http://www.economynews.us/economy/racial-supremacy-and-namibias-and-kaffirs-boers/</link>
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		<title>The Sam Nujoma Stadium Namibia&#8217;s Pride</title>
		<description><![CDATA[The Sam Nujoma stadium in the high-density suburb popularly known as Katutura is doing social marvels for Windhoekers. Officially inaugurated in 13 August 2005, the stadium has brought entertainment and quality sport such as soccer closer to the many poor people who could not afford to attend these events that were previously held at the [...]]]></description>
		<link>http://www.economynews.us/economy/the-sam-nujoma-stadium-namibias-pride/</link>
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		<title>Former Prime Minister Freed After 7 Months Behind Bars</title>
		<description><![CDATA[Former Senegalese prime minister, Idrissa Seck, was released from prison on Tuesday 7 February 2006 after more than seven months in detention on charges of corruption and threatening state security. An investigating panel of the Senegalese high court ordered the release after examining charges against the 46- year-old one-time top ally of President Abdoulaye Wade. [...]]]></description>
		<link>http://www.economynews.us/economy/former-prime-minister-freed-after-7-months-behind-bars/</link>
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		<title>Liberia Proves That African Women Too Can Be Elected Leaders</title>
		<description><![CDATA[“It is a great door-opener for women all over the continent and I am very pleased that I am the one who is going to open the doors,” the 67-year-old former finance minister told Reuters. Traditionally a woman&#8217;s role in the African societies is to take care of the family which includes cooking for them, [...]]]></description>
		<link>http://www.economynews.us/economy/liberia-proves-that-african-women-too-can-be-elected-leaders/</link>
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		<title>Integrity of the National Payment System</title>
		<description><![CDATA[Notes on commercial bank charges, RD cheques and consumer protection Background A number of issues were raised recently with regards to alleged high bank charges and punitive restrictions on bank clients with regards to issuing cheques with insufficient funds (RD cheques). These notes are meant to shed some light on these subjects and also to [...]]]></description>
		<link>http://www.economynews.us/economy/integrity-of-the-national-payment-system/</link>
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		<title>Kamwi&#8217;s Viva Voce Exposes Mosquito&#8217;s Cryptic Tendencies</title>
		<description><![CDATA[Namibia&#8217;s Minister of Health and Social Services Honorable Richard Kamwi is geared for a doctorate in the field of science and health. This was demonstrated by his convincing defense of his dissertation before a panel of academics on December 8, 2005 at the University of Namibia. The study interrogated the vector species and effectiveness of [...]]]></description>
		<link>http://www.economynews.us/economy/kamwis-viva-voce-exposes-mosquitos-cryptic-tendencies/</link>
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		<title>SmartSwitch Outsmarts Traditional Banking</title>
		<description><![CDATA[What is Smart Switch Namibia? Smart Switch Namibia (SSN) is a 50/50 joint venture company established by Namibia Post Limited and Net 1 Universal Electronic Payment Systems (Net 1). The latter is a South African-based company, which is also listed on the NASDAQ Stock Exchange in the United States of America. Smart Switch Namibia is [...]]]></description>
		<link>http://www.economynews.us/economy/smartswitch-outsmarts-traditional-banking/</link>
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		<title>Barbaric Racist Behavior in Spain a Disgrace</title>
		<description><![CDATA[On February 25, 2005, the world witnessed an African vehemently proclaim, “Enough is enough!” on being racially dehumanized and demeaned by citizens of the so-called &#8216;developed&#8217; nation, Spain. Samuel Eto&#8217;o, the Barcelona based Cameroonian international soccer superstar protested against Real Zaragoza soccer fans in reaction to racist chants they leveled against him. He threatened to [...]]]></description>
		<link>http://www.economynews.us/economy/barbaric-racist-behavior-in-spain-a-disgrace/</link>
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		<title>The Vile Appetite of British Servicemen</title>
		<description><![CDATA[In the remote parts of East Kenya lie the Nanyuki and Laikipia escarpment. The villages are typical African dwellings made out of a mixture of mud and cow dung. In one of these villages lives a tribe whose daily domestic chores are overwhelmed by once adulterous British men. They have been compelled to baby sit, [...]]]></description>
		<link>http://www.economynews.us/economy/the-vile-appetite-of-british-servicemen/</link>
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		<title>Right is Might vs. Might is Right</title>
		<description><![CDATA[‘But, why does capitalism confer economic sovereignty on the few in the private good economy where communalism confers economic on all in the common good economy? Simply because capitalism and communalism have different ideas about the purpose of human life on this earth and have, therefore, different rules of socioeconomic behavior. Communalism , for example, [...]]]></description>
		<link>http://www.economynews.us/economy/right-is-might-vs-might-is-right/</link>
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		<title>Nahas Angula on Namibia&#8217;s 16th Birthday</title>
		<description><![CDATA[The Namibian Right Honorable Prime Minister Mr Nahas Angula sees democracy, stability and good governance as important and functional elements in Namibia. In his view, 16 years of Namibian Independence could be celebrated through noting the functional rule of law. He said this at the University of Namibia during a public lecture geared towards celebrating [...]]]></description>
		<link>http://www.economynews.us/economy/nahas-angula-on-namibias-16th-birthday/</link>
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		<title>Namibia at 16</title>
		<description><![CDATA[There are positive associations and connotations associated with progress. None of us would like to retrogress or get fixated at any stage in our developmental process. Namibia has been politically independent since the 21 March 1990. This means that the 21 March 2006, marks our 16th birthday, as a developing and united nation? In the [...]]]></description>
		<link>http://www.economynews.us/economy/namibia-at-16/</link>
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		<title>Circumcision in Africa</title>
		<description><![CDATA[For the Jews it is a covenant that Jehovah handed down to Abraham. To the Muslims, it is a religious directive. For most African communities (those that practice it), it is the formal incorporation of males/females into religious and/or tribal life. Among the Xhosa community (down south of Africa), an uncircumcised male cannot inherit his [...]]]></description>
		<link>http://www.economynews.us/economy/circumcision-in-africa/</link>
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		<title>The West, The Money, The Church and Africa</title>
		<description><![CDATA[The church is good. Thank God it is also in Africa. Some of its crucial functions in Africa are those of uniting Africa&#8217;s complex multi ethnic and multi cultural groups. The most crucial function of the church in Africa, which in my view outweighs all, is that of it serving as the soother or counselor [...]]]></description>
		<link>http://www.economynews.us/economy/the-west-the-money-the-church-and-africa/</link>
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		<title>Kaapama&#8217;s Ascendance</title>
		<description><![CDATA[Phanuel Kaapama is Namibia&#8217;s youngest, most sought after political analyst whose voice has been heard over and over on both local and international electronic media. It was as recently as March 2005 when SABC Africa, traced him to his mother&#8217;s farm on the outskirts of Okahandja to comment on the vote recounts of Namibia&#8217;s infamous [...]]]></description>
		<link>http://www.economynews.us/economy/kaapamas-ascendance/</link>
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		<title>US life expectancy tops 78 as top diseases decline</title>
		<description><![CDATA[For the first confinement, U.S. life expectancy has surpassed 78 years, the government reported today, although the United States continues to lag behind about 30 other countries in estimated life span. The increase is to be ascribed largely to falling mortality rates in almost completely the leading causes of death, federal health officials said. The [...]]]></description>
		<link>http://www.economynews.us/economy/us-life-expectancy-tops-78-as-top-diseases-decline/</link>
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		<title>Health care focus tonight in S.F.</title>
		<description><![CDATA[A health survey of area residents released today showed people happy with their own health care but still dissatisfied with the limited resources for the uninsured. This and other tools and materials will be discussed tonight at a free town hall meeting in San Francisco as part of a national health care survey, sponsored by [...]]]></description>
		<link>http://www.economynews.us/economy/health-care-focus-tonight-in-s-f/</link>
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		<title>Town hall meeting tackles health care</title>
		<description><![CDATA[The public is invited to learn more about the results of a Bay Area health care survey and to voice opinions on the at one’s beck at a town hall meeting at 7 p.m. Tuesday in San Francisco. The San Francisco region was one of three U.S. areas &#8211; including Detroit and Miami &#8211; chosen [...]]]></description>
		<link>http://www.economynews.us/economy/town-hall-meeting-tackles-health-care/</link>
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		<title>The Great Zimbabwe</title>
		<description><![CDATA[The largest and most well known Kingdom of the Iron Age in Africa south of the Sahara is the Great Zimbabwe from which the modern state of Zimbabwe takes its name. It is a complex of dry stone walls, remains of an ancient city that once thrived on the gold rich plateau of Zimbabwe. The [...]]]></description>
		<link>http://www.economynews.us/economy/the-great-zimbabwe/</link>
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		<title>U.S. life expectancy rises</title>
		<description><![CDATA[Americans’ life abeyance reached a enroll high of 78.1 years in 2006, with disparities among ethnic groups and between the sexes generally narrowing, according to government data released Wednesday. The death rates from most diseases went down, with influenza humanity falling and AIDS mortality marking its tithe straight year of decline. Infant mortality in 2006 [...]]]></description>
		<link>http://www.economynews.us/economy/u-s-life-expectancy-rises/</link>
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		<title>New look Businesswoman of the Year award launched</title>
		<description><![CDATA[The hunt is on for an innovative and entrepreneurial Namibia woman who qualifies for the Businesswoman of the Year title. The next Businesswoman of the Year will be crowned in September next year. The entry and judging process has been revamped. Unlike with the past winners, who were chosen on either entrepreneurial or corporate and [...]]]></description>
		<link>http://www.economynews.us/economy/new-look-businesswoman-of-the-year-award-launched/</link>
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		<title>2009 is Businesswoman of the Year again</title>
		<description><![CDATA[The Economist Businesswomen Club had a very successful year in 2008 but is destined for even bigger and better things in 2009. The Businesswomen club, a non-profit organisation, has a string of projects lined up for this year with the most anticipated event af all, the Namibian Businesswoman of the Year Award for 2009. This [...]]]></description>
		<link>http://www.economynews.us/economy/2009-is-businesswoman-of-the-year-again/</link>
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		<title>US Government Moves Further to rescue Citi, Plans to increase stake</title>
		<description><![CDATA[The US Government has agreed to provide further aid to Citigroup and decided to trim down the existing shareholder&#8217;s stake in the company by 74 percent. The Treasury Department today said in a statement that it is planning to convert nearly $25 million of preferred stock of the company into common stock. The move would [...]]]></description>
		<link>http://www.economynews.us/economy/us-government-moves-further-to-rescue-citi-plans-to-increase-stake/</link>
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		<title>Businesswomen conference in the North set for August</title>
		<description><![CDATA[Organisers of the Businesswomen Club have announced that the 11th Northern Businesswomen Conference will take place on 12 August in Oshakati. The aim of the conference is to create an opportunity for women to share expertise and skills, make new contacts, support one another and to create business relationships. Launching the conference in Windhoek this [...]]]></description>
		<link>http://www.economynews.us/economy/businesswomen-conference-in-the-north-set-for-august/</link>
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		<title>Mali: Through a Namibians eyes</title>
		<description><![CDATA[The saying, ‘you’d have to see it to believe it’ has never really been a familiarity with me as far as Africa’s poverty, over population and social diversity are concerned. I am now, lets just say, enlightened, after having visited West Africa. I have not until recently given my beloved, beautiful country Namibia the right [...]]]></description>
		<link>http://www.economynews.us/economy/mali-through-a-namibians-eyes/</link>
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		<title>Role of Education and Social Emancipation</title>
		<description><![CDATA[Education controls the quality and flow of the learning that informs our society about the world. Education is also the most reliable tool for artistic, intellectual and spiritual nutrients which permit learners to survive. We therefore need to develop a curriculum that produce texts in the form of books and journals that will assist teachers [...]]]></description>
		<link>http://www.economynews.us/economy/role-of-education-and-social-emancipation/</link>
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		<title>Down the African Isle</title>
		<description><![CDATA[Marriage is assumed to be the beginning of a new life and it is mainly considered to be a time when two people (considered to be lovers) become one. In most African traditions, marriage is a cherished institution and is intended for procreation. Everybody therefore, has to get married and bear children, which is the [...]]]></description>
		<link>http://www.economynews.us/economy/down-the-african-isle/</link>
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		<title>Namibia Ports Authority</title>
		<description><![CDATA[On the14th of September 2006, the Namibia Ports Authority (NAMPORT) opened a new chapter in the realization of one of the themes on its Mission statement. The theme reads, “Namport is the preferred link for seaborne trade with Namibia and the SADC Region”. After the completion of the Katima Mulilo Bridge across the Zambezi River [...]]]></description>
		<link>http://www.economynews.us/economy/namibia-ports-authority/</link>
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		<title>Namibian prehistory: Apollo 11 art, the oldest rock art in the world</title>
		<description><![CDATA[More than three quarters of human history remains unwritten either buried underground or simply encoded in archaeological features and artefacts on the surface of the ground or underwater. Archaeology enables people to interpret and write history by using methods that allow them to decode information from material culture that was left millions of years ago [...]]]></description>
		<link>http://www.economynews.us/economy/namibian-prehistory-apollo-11-art-the-oldest-rock-art-in-the-world/</link>
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		<title>Jerry Muadinohamba:Communicator of the year</title>
		<description><![CDATA[Jerry Muadinohamba hails from the northern parts of Namibia near the Angolan border. At 35, he has already spent most of his youthful years in demanding leadership positions. He is currently the Chief Executive Officer of the once administratively troubled Motor Vehicle Accident Fund (MVA) that is now known as one of the best-run parastatals [...]]]></description>
		<link>http://www.economynews.us/economy/jerry-muadinohambacommunicator-of-the-year/</link>
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		<title>The Mystic Mission of Gaddafi is Raising My Eyebrows</title>
		<description><![CDATA[It is very difficult to comprehend what Muamah Gadhafi is up to. He has repeatedly called for African unity and the integration of African economies as well as Africa’s inter-state political ties. Well and good, the calls seem to be enticing considering the ailing economies of many African countries. However, how the Arabic media and [...]]]></description>
		<link>http://www.economynews.us/economy/the-mystic-mission-of-gaddafi-is-raising-my-eyebrows/</link>
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		<title>The Democratic Republic of Congo</title>
		<description><![CDATA[In the past four years, Congo has lost more lives than any other country that was once in a war state like it. By mid 2002, the International Rescue Committee reports that 2,5 million people had died because of the war in eastern Congo alone. Some of those that died were hacked to death while [...]]]></description>
		<link>http://www.economynews.us/economy/the-democratic-republic-of-congo/</link>
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		<title>An African American&#8217;s Nostalgic Lamentations</title>
		<description><![CDATA[I am here as an African living in America. African people living in America were not taken to America because they wanted. We did not go to America on a titanic. We were ferried in slave boats that had names such as; ‘Good Ship Jesus’, ‘John the Baptist’, ‘Equality’, and ‘Liberty.’ They then attempted to [...]]]></description>
		<link>http://www.economynews.us/economy/an-african-americans-nostalgic-lamentations/</link>
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		<title>Bush And Blair Iraq War: The Hidden Dimensions</title>
		<description><![CDATA[On the 20 March 2003, the United States and British armed forces invaded Iraq and committed naked aggression against the innocent people of Iraq. The official justifications that were given were that they only wanted to disarm Saddam Hussein of (non-existent) weapons of mass destruction, remove him from power and also punish the Iraq regime [...]]]></description>
		<link>http://www.economynews.us/economy/bush-and-blair-iraq-war-the-hidden-dimensions/</link>
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		<title>Jericho Gawanab Namibia&#8217;s Hip Hop artist</title>
		<description><![CDATA[Following his hit song and remarkable performance at the 2006 nbc Sanlam musical awards at Safari court, the African Magazine (TA) followed Jericho to his home in Damara location; Katutura, Windhoek for a chat. The discussion was about his music and his life in general. His full name is Jericho Gawanab. TA: So, who is [...]]]></description>
		<link>http://www.economynews.us/economy/jericho-gawanab-namibia-s-hip-hop-artist/</link>
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		<title>Ipumbu Shiimi; The Captain of Namibia’s financial stability</title>
		<description><![CDATA[Towards the end of 2006, the Bank of Namibia announced Mr Ipumbu Wendelinus Shiimi as new Assistant Governor for the Financial Stability division. This is a position effected through Namibia’s legislative mandate…Formerly a Bank supervisor and Head of Research unit at Bank of Namibia, Mr Shiimi now finds himself what could seen as an extremely [...]]]></description>
		<link>http://www.economynews.us/economy/ipumbu-shiimi-the-captain-of-namibia%e2%80%99s-financial-stability/</link>
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		<title>FNB champions intellectual development in Namibia</title>
		<description><![CDATA[Since 2001, the University of Namibia has been host to an Executive MBA program run by the Maastricht (MsM) outreach institution in the Nederlands The program is administered by the steering committee that comprises of the interim Director Mr. Z Kazapua (UNAM Pro- Vice Chancellor Admin &#38; Finance), Mr Albertus Aochumub (MTC), Mr Dixon R [...]]]></description>
		<link>http://www.economynews.us/economy/fnb-champions-intellectual-development-in-namibia/</link>
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		<title>Are African intellectuals functionally illiterate?</title>
		<description><![CDATA[Other than African countries that got recently independent from colonialism such as Namibia, African countries have invested immensely in education. In fact, countries like Nigeria and Ghana boast of not less than thirty living PhD holders in every given village. In South Africa, millions of living and currently enrolled PhD students are registered as pursuing [...]]]></description>
		<link>http://www.economynews.us/economy/are-african-intellectuals-functionally-illiterate/</link>
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		<title>It is Festive seasons; Africans are happy</title>
		<description><![CDATA[It is festive season. Christmas time to be precise, and the Africans are happy. Africans are happy because they are paid, paid double in fact. One salary is for November and the other for December. Come Christmas itself, the salary could be no more, but now, I mean as for now, Africans are really happy.Come [...]]]></description>
		<link>http://www.economynews.us/economy/it-is-festive-seasons-africans-are-happy/</link>
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		<title>Educational Institutes in India Look Towards Online Branding</title>
		<description><![CDATA[According to the research conducted by HR firm Magic Tech Resourcing Solutions, a number of educational institutes in India are looking towards online branding to promote the brand of their institutes in the student community. The research report presented by the company shows that a number of private educational companies are moving forward with making [...]]]></description>
		<link>http://www.economynews.us/economy/educational-institutes-in-india-look-towards-online-branding/</link>
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		<title>United Spirits Firms Up Plans To Buy Stake In Pioneer Distilleries</title>
		<description><![CDATA[United spirits which is part of United Breweries group owned by Vijay Mallya, has said that it will be buying a 54.7% stake in the Pioneer Distilleries(PDL) which are amongst leading producers of alcohol in India. This deal has been chalked out in order to increase the capacity of the brewery by 160 kilolitres per [...]]]></description>
		<link>http://www.economynews.us/economy/united-spirits-firms-up-plans-to-buy-stake-in-pioneer-distilleries/</link>
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		<title>Government is on a “€ sniff” to find source of Rs. 2000 crore that went into “fuelling terror”</title>
		<description><![CDATA[The incredible amount of Rs.2000crore that was found parked in about 200 banks accounts and is believed to have gone into alleged &#8216;terror activities&#8217; has stimulated governmental probe teams. The trigger is to reach the roots from where the funds came. The Financial Intelligence Unit (FIU) that labeled about 200 transaction of the nation as [...]]]></description>
		<link>http://www.economynews.us/economy/government-is-on-a-asniffa-to-find-source-of-rs-2000-crore-that-went-into-afuelling-terrora/</link>
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		<title>Employment in Indian cos has jumped by 0.6%: January-March report</title>
		<description><![CDATA[According to a labor ministry report, the employment in manufacturing and service sectors has shown a rise of 0.6 percent. The report that was released on Monday was conducted on 3,192 firms that spanned 21 industrial sectors. It says that employment rate in gems and jewellery sector went up by 3.08 percent; 0.82% in IT/BPO, [...]]]></description>
		<link>http://www.economynews.us/economy/employment-in-indian-cos-has-jumped-by-06-januarymarch-report/</link>
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		<title>DGCA Questions Air Carriers Regarding Withdrawal of Low-End Fares</title>
		<description><![CDATA[The series of withdrawal of low-end air fares by some of the domestic carriers have raised the suspicion towards the cartelization among them and therefore, the DGCA has asked all the companies to give details and justify the decision of simultaneous reduction in air-fares. The move from Director General of Civil Aviation (DGCA) came after [...]]]></description>
		<link>http://www.economynews.us/economy/dgca-questions-air-carriers-regarding-withdrawal-of-lowend-fares/</link>
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		<title>Bandra-Worli Sea Link Is To Open Today</title>
		<description><![CDATA[After a decade-long wait and postpones, India&#8217;s first over the sea bridge, Bandra-Worli link in Mumbai is all set to open today. The eight-lane, 5.6-km long bridge that connects Worli with the suburbs of Bandra over the Arabian Sea, will be inaugurated by UPA chairperson Mrs. Sonia Gandhi on Tuesday. The 750-crore sea link project [...]]]></description>
		<link>http://www.economynews.us/economy/bandraworli-sea-link-is-to-open-today/</link>
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		<title>Asia’s developing economies to be on the “expanding” path next year: ADB</title>
		<description><![CDATA[Asian development Bank feels that the growth in Asian developing economies will get down to the lowest level in the present year since the 1997/98 financially troubled period though next year it is bound to regain. This prediction is however based on the mild indications of &#8216;betterment of economy&#8217; so certainty of this happening are [...]]]></description>
		<link>http://www.economynews.us/economy/asiaas-developing-economies-to-be-on-the-aexpandinga-path-next-year-adb/</link>
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		<title>Airlines to give dissection of ‘fares’ structure</title>
		<description><![CDATA[In order to make aviation charges structure more transparent, the aviation ministry has asked all carriers to disclose the total amount of charges paid by passengers. The move is believed to be welcomed by air travelers as they will now be able to have access to the surcharges paid by passengers besides the basic fare. [...]]]></description>
		<link>http://www.economynews.us/economy/airlines-to-give-dissection-of-afaresa-structure/</link>
			</item>
	<item>
		<title>Air India Offers its employees to go on voluntary leave</title>
		<description><![CDATA[In a bid to cut its staggering salary bills Air India has come up with a voluntary leave scheme that will allow its employees to go on a non paid leave for two years. This leave period can also be extended by another 3 years subject to the approval of the management. It is interesting [...]]]></description>
		<link>http://www.economynews.us/economy/air-india-offers-its-employees-to-go-on-voluntary-leave/</link>
			</item>
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