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PBOC Wades Into Fiscal Waters as China Boosts Stimulus PBOC Wades Into Fiscal Waters as China Boosts Stimulus

The following is an excerpt from Bloomberg News | July 6, 2014 | Bloomberg.com | China’s central bank is seeking to support economic growth with unconventional tools that Credit Suisse Group AG and Everbright Securities Co. say look more like fiscal policy. The People’s Bank of China this year started a 100 billion yuan ($16 billion) quota for relending earmarked for agriculture and small businesses. It offered another 300 billion yuan for low-income housing, China Business News said. Governor Zhou Xiaochuan is trying ... Read More

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Sharing the Gains from Economic Growth Sharing the Gains from Economic Growth

The following is an excerpt from Mark Thoma | January 28, 2014 | Thefiscaltimes.com | President Obama will make reducing inequality a major part of his State of the Union Address according to several reports. But to avoid being accused of waging class warfare, he will talk about creating “ladders of opportunity” instead of focusing directly on the inequality problem. This shift in emphasis is a mistake because it misses a key part of the inequality problem. It’s true that opportunity is ... Read More

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The Global Economy Is About to Pop! The Global Economy Is About to Pop!

The following is an excerpt from Christopher Matthews | December 12, 2013 | Time.com | Faster economic growth is just around the corner. At least that’s what economists from such august institutions Goldman Sachs Group Inc., Deutsche Bank and Morgan Stanley would have you believe. According to Bloomberg News these economists expect that, “global growth will accelerate at least 3.4 percent in 2014 from less than 3 percent this year as the euro area recovers from recession and China and other ... Read More

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How Coffee Is Driving Economic Growth How Coffee Is Driving Economic Growth

The following is an excerpt from Slate.com | December 4, 2013 | Coffee’s not just that beverage that gets you going each morning—it’s a surprisingly dynamic segment of the global economy. Three T. Rowe Price analysts discuss the trends that are currently defining a multi-faceted industry. Coffee consumption in the U.S. has been an integral part of our daily routine for decades, and today it’s a similarly big part of life around the world, from traditional coffee-drinking markets like Europe to emerging ... Read More

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Tax Earnings Where Products Are Sold Tax Earnings Where Products Are Sold

The following is an excerpt from Alan J. Auerbach | May 30, 2013 | Nytimes.com | More than a century old, our corporate tax is showing its age. To modernize it, the basic challenge is to implement a corporate tax that is fair and provides sufficient revenue while making the United States an attractive place for companies to locate and produce, and create the good jobs we need. The fundamental problem is our reliance on the concepts of residence, or where a ... Read More

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Asian Stocks Rise, Led by Japan, on Central Bank Stimulus Asian Stocks Rise, Led by Japan, on Central Bank Stimulus

The following is an excerpt from Adam Haigh | April 5, 2013 | Bloomberg.com | Asian stocks rose, with Japanese shares surging to the highest closing level in 4 1/2 years, after the Bank of Japan’s new governor announced unprecedented monetary easing to end two decades of economic stagnation. Japan’s Nikkei 225 Stock Average (NKY) surged 1.6 percent to 12,833.64, after earlier climbing above 13,000 for the first time since August 2008, as the yen fell against all its major peers. Exporters ... Read More

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The Lost Era of Economic Growth The Lost Era of Economic Growth

The following is an excerpt from FRED BARNES | April 1, 2013 | weeklystandard.com | President Obama highlighted the need for strong economic growth in his State of the Union address in February, citing it 11 times. He mentioned it 5 times in a speech in Illinois in mid-March. Last week, when he nominated Tom Perez as his new labor secretary, Obama declared, “As I’ve said before, my top priority as president is doing everything we need to do to make ... Read More

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Afternoon Reading: Egypt Gets $2B From Libya; Apple Fuels Sales Rise At Hon Hai Afternoon Reading: Egypt Gets $2B From Libya; Apple Fuels Sales Rise At Hon Hai

The following is an excerpt from Johanna Bennett | March 25, 2013 | Barrons.com | A little recommended mid-day reading from a variety of publications: FT.com: A long running spat between Turkey’s Sabanci and retail partner Carrefore (CRRFY) has taken another bad turn. In Libya, the government is giving cash-strapped Egypt $2 billion and speeding up visa for thousands of laborers seeking to work in the oil rich country. And Brazil’s government is casting about for ways to revise stalled economic growth. WSJ: ... Read More

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‘Democratic’ and ‘Anti-Business’ Are Becoming Synonymous ‘Democratic’ and ‘Anti-Business’ Are Becoming Synonymous

The following is an excerpt from JEFFREY H. ANDERSON | December 20, 2012 | TheWeeklyStandard.com | Forbes’s recently released list of “The Best States for Businesses and Careers” provides further evidence of the Democratic party’s striking erosion as a party of economic growth and prosperity. Based on their votes in the most recent presidential election, all but three of Forbes’s top-10 states are Republican-leaning, while all but two of its bottom-10 states are Democratic-leaning. The top-10 states on Forbes’s list — Utah, ... Read More

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What European Elections Mean for Stocks What European Elections Mean for Stocks

The following is an excerpt from Jonnelle Marte | April 23, 2012 | Smartmoney.com | Stocks fell Monday as concerns over political upheaval in Europe unsettled investors. And this volatility may continue even after ballots are cast in upcoming elections, advisers say. The sudden resignation of the Dutch prime minister Monday, coupled with presidential election politics in France and Greece, heightened fears that a shakeup in leadership could upend efforts to address the European debt crisis. Politicians and parties opposed to the ... Read More

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