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: 247 documentos

Osborne's first Budget? It's wrong, wrong, wrong!
Joseph Stiglitz, the Nobel prizewinner who predicted the global crisis, delivers his verdict on the Chancellor's first Budget and tells Paul Vallely it will take the UK deeper into recession and hit millions – the poorest – badly.
| | 28-06-2010

The Third Depression
Recessions are common; depressions are rare. As far as I can tell, there were only two eras in economic history that were widely described as “depressions” at the time: the years of deflation and instability that followed the Panic of 1873 and the years of mass unemployment that followed the financial crisis of 1929-31.
Paul Krugman | | 28-06-2010

Changes in China Could Raise Prices Worldwide
Shanghai.- The cost of doing business in China is going up. Coastal factories are raising salaries, local governments are hiking minimum wage standards and if China allows its currency, the renminbi, to appreciate against the U.S. dollar later this year, as many economists are predicting, the cost of manufacturing in China will almost certainly rise.
David Barboza | | 07-06-2010

Lost Decade Looming?
Despite a chorus of voices claiming otherwise, we aren’t Greece. We are, however, looking more and more like Japan. For the past few months, much commentary on the economy — some of it posing as reporting — has had one central theme: policy makers are doing too much. Governments need to stop spending, we’re told. Greece is held up as a cautionary tale, and every uptick in the interest rate on U.S. government bonds is treated as an indication that markets are turning on America over its deficits.
Paul Krugman | | 21-05-2010

Sweden, Canada Outrank U.S. On Confidence In Health Care
While It remains to be seen whether or not the monumental health care legislation passed last month will dramatically alter Americans' feelings about their country's heath system, a new online poll from Ipsos/Reuters suggests that there is certainly room for improvement. The poll found, perhaps unsurprisingly, that people living in countries with government-run health care, such as Sweden and Canada, were generally more confident about receiving good, affordable health care than are Americans. More than 70 percent of Swedes and Canadians surveyed said it would be easy to find quality care at a reasonable price if a family member became ill, compared to just 51 percent of Americans.
Nicholas Sabloff | | 16-04-2010

Lightning Makes Mushrooms Multiply
Lightning makes mushrooms more plentiful, according to ongoing research that offers a solid scientific basis for Japanese farming lore."The reaction of the mushrooms to this sudden burst of energy is initially to decrease the proteins and enzymes secreted by their hyphae, followed by a sudden increase,". Hyphae are elongated cells that act like roots for mushrooms, anchoring the spores in the ground and taking in nutrients. The hyphae also give rise to new fruiting bodies, the fleshy, capped structures that produce spores and are harvested as crops.
Julian Ryall | | 12-04-2010

Learning from Greece
The debt crisis in Greece is approaching the point of no return. As prospects for a rescue plan seem to be fading, largely thanks to German obduracy, nervous investors have driven interest rates on Greek government bonds sky-high, sharply raising the country’s borrowing costs. This will push Greece even deeper into debt, further undermining confidence. At this point it’s hard to see how the nation can escape from this death spiral into default.
Paul Krugman | | 08-04-2010

Aral Sea Almost Dried Up: UN Chief Calls It 'Shocking Disaster' (video)
Nukus, Uzbekistan.- The drying up of the Aral Sea is one of the planet's most shocking disasters, U.N. Secretary-General Ban Ki-moon said Sunday, as he urged Central Asian leaders to step up efforts to solve the problem. Once the world's fourth-largest lake, the sea has shrunk by 90 percent since the rivers that feed it were largely diverted in a Soviet project to boost cotton production in the arid region.
| | 04-04-2010

2010 Census: Officials Worry Low Response Rate Is Form Of Anti-Government Protest
"Contrary to historical trends," the Houston Chronicle reports, "some of the toughest challenges" facing the agency responsible for carrying out the 2010 Census are not "counting the traditionally undercounted groups such as African-Americans and Latinos. Instead, a new and growing threat to an accurate national head count is coming from anti-government conservatives who may not fill out their forms to protest against 'Big Brother' in Washington."
| | 30-03-2010

Taking On China
Tensions are rising over Chinese economic policy, and rightly so: China’s policy of keeping its currency, the renminbi, undervalued has become a significant drag on global economic recovery. Something must be done.
Paul Krugman | | 15-03-2010

Calles sin nombre en Japón
En Japón, las calles son simplemente el espacio vacío entre cada manzana, no tienen identidad alguna. Lo que sí que se pueden identificar son las manzanas con un sistema de tres números: el primero indica el distrito, el segundo la manzana, y el tercero el edificio o casa dentro de la manzana. Es una forma totalmente diferente al resto del mundo de estructurar las ciudades pero es perfectamente válida, es cuestión de cambiar el chip. ¿Qué es más fácil de utilizar, nuestro sistema o el japonés? Para los humanos depende de a lo que estés acostumbrado pero para las máquinas, para los ordenadores es mejor utilizar la notación japonesa. 
| | 02-03-2010

Detrás de los desperfectos de Toyota: ¿guerra geoeconómica de Obama contra Japón?
A partir del factor Massachusetts, donde Obama recibió una severa paliza por el neopopulismo de extrema derecha racista del Partido del Té (Bajo la Lupa, 24/1/10), el mandatario estadunidense –quien políticamente padece un ostensible síndrome de personalidad múltiple– ha sufrido una asombrosa transmogrificación (cambio a una forma extraña) que se ha cargado al belicismo neoconservador straussiano y bushiano, quizá, con el fin de prevenir una derrota del Partido Demócrata en las elecciones de noviembre próximo.
Alfredo Jalife-Rahme | | 14-02-2010

Lo que de verdad hay detrás de la crisis económica en Grecia, y qué enseña políticamente sobre la actual Unión Europea
Grecia se está convirtiendo en un experimento para la nueva fase de la corrección de curso que el neoliberalismo se propone realizar aprovechando la estela de la crisis económica y financiera.
Costas Douzinas | | 08-02-2010

Huge Deficits May Alter U.S. Politics and Global Power
The projected deficit in the coming year: nearly 11 percent of the country’s entire economic output. By President Obama’s own optimistic projections, American deficits will not return to what are widely considered sustainable levels over the next 10 years. “How long can the world’s biggest borrower remain the world’s biggest power?” Lawrence H. Summers, Obama's chief economic adviser.
David. E. Sanger | | 02-02-2010

China Syndrome: Krugman Blaming the Victim for the Crime
A year-end opinion piece by NY Times Op-Ed Columnist Paul Krugman with the title: “Chinese New Year” contains errors of fact and flaws of logic. But the most egregious fault of the piece is Krugman’s approach of blaming the victim for the crime. Krugman wrote in his article that “China has become a major financial and trade power. But it doesn’t act like other big economies. Instead, it follows a mercantilist policy, keeping its trade surplus artificially high. And in today’s depressed world, that policy is, to put it bluntly, predatory.”
Henry Liu | | 12-01-2010

U.S. Job Losses in December Dim Hopes for Quick Upswing
The nation lost 85,000 jobs from the economy in December, the Labor Department reported Friday, as hopes for a vigorous recovery ran headlong into the prospect that paychecks could remain painfully scarce into next year. “We’re still losing jobs,” said Dean Baker, co-director of the Center for Economic and Policy Research in Washington. “It’s nothing like we had in the free fall of last winter, but we’re not about to turn around. We’re still looking at a really weak economy.”
Peter S. Goodman | | 08-01-2010

That 1937 Feeling
Here’s what’s coming in economic news: The next employment report could show the economy adding jobs for the first time in two years. The next G.D.P. report is likely to show solid growth in late 2009. There will be lots of bullish commentary — and the calls we’re already hearing for an end to stimulus, for reversing the steps the government and the Federal Reserve took to prop up the economy, will grow even louder.
Paul Krugman | | 05-01-2010

For Some in Japan, Home Is a Tiny Plastic Bunk
For Atsushi Nakanishi, jobless since Christmas, home is a cubicle barely bigger than a coffin — one of dozens of berths stacked two units high in one of central Tokyo’s decrepit “capsule” hotels. When Capsule Hotel Shinjuku 510 opened nearly two decades ago, Japan was just beginning to pull back from its bubble economy, and the hotel’s tiny plastic cubicles offered a night’s refuge to salarymen who had missed the last train home. Now, Hotel Shinjuku 510’s capsules, no larger than 6 1/2 feet long by 5 feet wide, and not tall enough to stand up in, have become an affordable option for some people with nowhere else to go as Japan endures its worst recession since World War II.
Hiroko Tabuchi | | 03-01-2010

China’s Export of Labor Faces Scorn
China, famous for its export of cheap goods, is increasingly known for shipping out cheap labor. These global migrants often work in factories or on Chinese-run construction and engineering projects, though the range of jobs is astonishing: from planting flowers in the Netherlands to doing secretarial tasks in Singapore to herding cows in Mongolia — even delivering newspapers in the Middle East. But a backlash against them has grown. Across Asia and Africa, episodes of protest and violence against Chinese workers have flared. Vietnam and India are among the nations that have moved to impose new labor rules for foreign companies and restrict the number of Chinese workers allowed to enter, straining relations with Beijing.
Edward Wong | | 20-12-2009

Naomi Klein: The Copenhagen Process Is Out Of Control, US Politicians Should Stay Home (+VIDEO)
Copenhagen.- The climate talks are heading into their final three days, and Naomi Klein is concerned that little real progress has been made. On Wednesday morning, a huge non-violent demonstration is planned that involves protesters marching into the Bella Center where talks are being held, and concerned delegates and NGO representatives -- including Klein -- are going to walk out. The goal? Shutting down the talks and establishing a people's assembly. For Klein and other protesters, what's on the table in negotiations is not nearly enough to really cut global emissions levels and to reduce further catastrophic climate change.
Katherine Goldstein | | 16-12-2009

The Phantom Menace
A funny thing happened on the way to a new New Deal. A year ago, the only thing we had to fear was fear itself; today, the reigning doctrine in Washington appears to be “Be afraid. Be very afraid.” What happened? To be sure, “centrists” in the Senate have hobbled efforts to rescue the economy. But the evidence suggests that in addition to facing political opposition, President Obama and his inner circle have been intimidated by scare stories from Wall Street.
Paul Krugman | | 23-11-2009

China’s Role as U.S. Lender Alters Dynamics for Obama
When President Obama visits China for the first time on Sunday, he will, in many ways, be assuming the role of profligate spender coming to pay his respects to his banker. The result: unlike his immediate predecessors, who publicly pushed and prodded China to follow the Western model and become more open politically and economically, Mr. Obama will be spending less time exhorting Beijing and more time reassuring it.
Helene Cooper/Michael Wines/David E. Sanger | | 14-11-2009

Bank of England injects $40 billion
London.- The Bank of England decided Thursday to inject another £25 billion into the economy to try to spur a recovery after surprising data showed the recession in Britain had dragged into the autumn. “The prospect is for a slow recovery in the level of economic activity,” the bank said in a statement. It noted that there were signs of recovery elsewhere, especially emerging markets, but “global activity as a whole remains significantly depressed.”
Julia Werdigier | | 05-11-2009

Moto eléctrica, 150km/h, recarga en 6 horas (+video)
El prototipo de moto eléctrica del vídeo es capaz de alcanzar los 150km/h, la batería se recarga en tan sólo 6 horas y tiene una autonomía de cerca de 200 km. Costará unos 3.000 euros y saldrá a la venta en Japón el año que viene.
| | 19-09-2009

Nobel winner Joseph Stiglitz predicts recession's end: not now, but 2012
Just after returning to New York from Japan, Britain, and economically devastated Iceland, Stiglitz paints a picture of a U.S. economy that has stanched the most serious bleeding but remains deeply wounded. "I think we would be lucky to be out of the recession by 2012," Stiglitz says. "2010 may be a year of positive growth, though far weaker than would be necessary to get unemployment down significantly." Central to the grim diagnosis, Stiglitz says, is the lack of new jobs -- an argument echoed by the Organisation for Economic Cooperation and Development, which this week said high unemployment in the world's wealthiest countries could last years.
Sam Gustin | | 17-09-2009

Summers: Unemployment Will Remain "Unacceptably High"
Washington.- A top economic adviser to President Barack Obama on Friday acknowledged the risks of reining in too quickly the emergency programs put in place to battle the financial crisis. "We will not make the mistake of prematurely declaring victory or prematurely withdrawing public support for the flow of credit," said Lawrence Summers, director of the White House National Economic Council. Summers added that he wanted to avoid the mistakes Japan made in the 1990s and the United States in the late 1930s by pulling the plug on government support too soon.
Jeannine Aversa | | 12-09-2009

Japan’s Victors Set to Abandon Market Reform
Tokyo.- Japan’s opposition party won an overwhelming victory at the polls on Sunday pledging to increase social welfare, better protect workers and do away with American-style, pro-market reforms to lead the country out of its long slump. The Democrats are expected to form a coalition with the Socialists and the conservative People’s New Party — smaller parties that are decidedly against market reform — which could reinforce this tendency toward government-led solutions to the economic crisis.
Hiroko Tabuchi | | 01-09-2009

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