U.S. Senate Passes Economic Stimulus Bill 61-37

February 10th, 2009 • No Comments

The United States Senate passed the hailed economic stimulus bill Tuesday, with modifications of which leave the bill at $838 billion U.S., leaving the bill one step closer to the President’s desk. Continue reading ‘U.S. Senate Passes Economic Stimulus Bill 61-37.’

Trade Retailiation: United Steelworkers Call for ‘Buy Canadian’

February 10th, 2009 • 1 Comment

In an NDP response to the Buy American clause in the bailout package, Leader Jack Layton called for the government to adopt a “Buy Canadian” policy in order to “save jobs” - his callout was met with eager appreciation from the Canadian Auto Workers and United Steelworkers unions. Continue reading ‘Trade Retailiation: United Steelworkers Call for ‘Buy Canadian’.’

Group of Economists: Bigger Stimulus Required

January 29th, 2009 • No Comments

The $825 billion stimulus package could be the costliest move in U.S. history, and a number of economists have a problem with that - from insisting that inflation and irrational changes in the money supply will make it inefficient, to this group of not-quite fringe economists who believe it’s entirely too small. Continue reading ‘Group of Economists: Bigger Stimulus Required.’

Tankan: Business Confidence in Japan at Record Lows

December 16th, 2008 • No Comments

Japan’s central bank, the Bank of Japan released it’s quarterly Tankan survey Monday, in it, suggesting that Japanese business confidence has made the largest fall in over 30 years. Continue reading ‘Tankan: Business Confidence in Japan at Record Lows.’