MercoPress

John Perkins latest book, the challenge of a blueprint for a new global economics

Wed, 13 Apr 2011 04:07:00 GMT

By David Michaels (*) “Hoodwink” is John Perkins latest book and a blueprint for a new form of global economics, far from predatory capitalism that must put an end to the old formula of “the few benefiting at the expense of the many”.

IMF calls on the US to tackle the deficit and help financial markets stability

Tue, 12 Apr 2011 21:26:00 GMT

There is an urgent need for the United States to tackle the deficit in the government's finances since the size of the exposure risks creating instability in the financial markets, according to the International Monetary Fund. However the IMF says the global economic recovery is gaining strength.

Inflation contagion in Latin America with the exception of Mexico, says IMF

Tue, 12 Apr 2011 21:18:00 GMT

Inflation risks are building in all Latin American countries except Mexico, where price gains are low and economic expansion should outpace Brazil this year, according to the the International Monetary Fund World Economic Outlook.

US farmers have planted the biggest crop in 13 years reports USDA

Tue, 15 Feb 2011 05:34:00 GMT

United States farmers have planted the biggest crop in thirteen years according to a report released by the US Department of Agriculture which estimated the area sown to the eight major field crops in 2011 at 103.3 million hectares.

US plans 53 billion USD high-speed rail and intercity network investment

Thu, 10 Feb 2011 01:11:00 GMT

United States unveiled a strategy to spend 53 billion US dollars on high-speed rail and intercity network over the next six years. It's a plan that will, according to Vice-president Joe Biden, bring the US closer to giving 80% of Americans access to high-speed rail in the next 25 years.

US recovery still needs help for stronger job creation, says Bernanke

Fri, 04 Feb 2011 21:17:00 GMT

The US economic recovery still needs help from the Federal Reserve despite signs of improvement, the central bank's chairman Ben Bernanke said.

Egypt triggers debate in the US on an internet “switch off” bill

Wed, 02 Feb 2011 14:24:00 GMT

While Egypt's government attempted to crackdown on street protests by shutting down internet and mobile phone services, United States is preparing to reintroduce a bill that could be used to shut down the internet.

Sales of Homes in the US show Signs of Recovery

Thu, 27 Jan 2011 18:31:00 GMT

The number of newly signed sale contracts on existing United States homes registered another increase in December, beating analysts' expectations.

United States Calls For Reform in Egypt

Wed, 26 Jan 2011 23:36:00 GMT

United States Secretary of State Hillary Clinton, has said that widespread anti-government protests over poverty and government repression in Egypt represent an opportunity for the 30-year administration of president Hosni Mubarak to implement “political, economic and social reforms to respond to the legitimate needs and interests of the Egyptian people”.

China alleges ‘dumping’ and imposes 104% tariff on US chicken imports

Mon, 27 Sep 2010 18:26:00 GMT

The Chinese Commerce Ministry said it would impose a 105.4% tariff on U.S. chicken exports after concluding they were unfairly priced. After a yearlong investigation, China concluded US exporters were selling chicken in China at prices that were lower than the costs of production, a practice known as product "dumping."