The oil price
Recoil
Painful though it is, this oil shock will eventually spur huge change. Beware the hunt for scapegoats

IN THE early 1970s a fourfold rise in the price of oil almost brought the world to a standstill. The shock of the Arab embargo left a deep mark in many countries: America subjected its cars [...]

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McCain Bid to Save Reformer Role May Falter Amid Lobbyist Ties

May 30 (Bloomberg) — John McCain became livid when he learned that two top campaign officials had worked as lobbyists for the [...]

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U.S. Economy: Consumer Spending Growth Slowed to 0.2% in April
May 30 (Bloomberg) — U.S. personal spending slowed in April after record fuel costs, a slump in home values and a deteriorating job market hammered consumer confidence.
The 0.2 percent [...]

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Brown’s Labour Party Slumps to Record in U.K. Poll (Update2)

May 30 (Bloomberg) — Prime Minister Gordon Brown’s Labour Party is more unpopular than it’s ever been since polling began in the U.K. [...]

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S&P 500 Rises, Led by Technology, Energy Shares; Dell Climbs
May 30 (Bloomberg) — U.S. stocks rose, sending the Standard & Poor’s 500 Index to its second straight monthly advance, after better-than-forecast earnings at Dell Inc. and a rebound in oil prices led technology [...]

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Bear Stearns Neared Collapse Twice in Frenzied Last Days
Paulson Pushed Low-Ball Bid, Relented; a Testy Time for Dimon
By KATE KELLY
It had been a rough day, but when Alan Schwartz headed for home on Friday, March 14, the Bear Stearns Cos. chief executive thought he’d have a month to find a buyer for his teetering firm.

Part [...]

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Ensuring America’s Growth

Peter Morici

Related Quotes

C
22.04
+ 0.44

HMC
32.16
+ 0.42

MER
44.28
+ 0.46

SKS
13.52
+ 0.33

TM
99.21
+ 1.42

WMT
57.94
+ 0.85

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Mainland China [...]

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Five Ways to Monkey Around With Libor’s Defects: Mark Gilbert
Commentary by Mark Gilbert
May 29 (Bloomberg) — A quarrel is rumbling about the veracity of the London interbank offered rates, a set of borrowing costs supplied by the banking community and used to fix the [...]

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¿Terminó el sueño europeo y comienza la pesadilla?

Por Fernando SavaterClarín
Los sueños, según nos enseñó Freud, se encargan de satisfacer imaginariamente nuestros deseos inconscientes para asegurar nuestro descanso nocturno. Son un mecanismo narcótico que de vez en cuando desembocan en pesadillas que nos desasosiegan.

A muchos europeístas convictos y confesos que hemos siempre creído que España [...]

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La campaña antihispana en TV

Por Andrés Oppenheimer El Nuevo Herald
¡Bravo! Un nuevo estudio revela el ejercicio de un periodismo irresponsable y la propagación sistemática de mitos peligrosos por parte de algunos conductores de televisión de cable, como Lou Dobbs, de CNN, y Bill O’Reilly, de Fox News, que han construido sus carreras en base a [...]

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