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ECONOMY

European review of Cyprus economy ‘positive’

The conclusions of the latest European Commission and European Central Bank review of the Cyprus economy were the most positive ones since 2013, Finance Minister Harris Georgiades said on Saturday. The European Commission and the European Central Bank on Friday concluded their third post-programme review of Cyprus’ performance and in …

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Federal Reserve Overlooks Technology’s Role in Limiting Inflation

During her speech to the National Association of Business Economics on Tuesday, Federal Reserve Chair Janet Yellen made a rather startling admission: The Fed may have “misspecified” its models for inflation and “misjudged” the strength of wages and the job market. Leaving aside the odd choice of words, Yellen—true to …

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Maria dims Puerto Rico’s economy | Nation

NEW YORK — Hurricane Maria has thrown Puerto Rico’s already messy economic recovery plans into disarray. For now, the focus has shifted from Puerto Rico’s financial woes to meeting the basic needs of its 3.5 million people, many of whom still lack adequate food, water and power more than a …

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global economy: Global economy: In work, but out of pocket

LONDON: Unemployment in the world’s biggest developed economies has been falling, at least since the end of the financial crisis. But wages, in the main, have not reacted as might be expected. They have generally either grown only modestly, or even fallen. Take, for example, resurgent Germany. Since 2012, the …

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How the new stadium can help the local economy

We look at how Everton moving to Bramley Moore Dock will provide a boost to tourism and pave the way for new homes in the Liverpool area. In the grand scheme of things, Everton are in an excellent position all around. Yes, they’ve struggled to perform consistently on the pitch so far …

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SAB aims to uplift economy through the youth

One idea can ignite the economy – SAB entrepreneurship slogan. Photo: sab.co.za. South African Breweries (SAB) is creating jobs and helping entrepreneurs elevate their enterprises through its various entrepreneurship programmes. SAB’s aim is to enable entrepreneurs between the ages of 18 and 35 to play an active role in the …

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10 reads from Left & Right on Yashwant Sinha and the economy

The journey from courtship to marriage, cultural superstitions bordering on absurdity and the symbolic fight for a personal toilet – while each of these can be made into separate stories, in this instance they combine to form the plotline of one of the biggest Bollywood releases of 2017 – Toilet: …

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B-N By The Numbers: Steady Economy Overall In Last Quarter

Employment in the business sector in Bloomington-Normal is stable, according to economist Mike Doherty. Doherty reviews various numbers periodically for the Bloomington-Normal Economic Development Council. Doherty said the government sector, on the other hand, is reduced. “Back in 2010-2012 we got up to 17,000 jobs in the government sector. But …

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