Algeria to buy 51 percent of Vimpelcom unit: report
Sun, 08 Jan 2012 11:05:10 -0800

By Christian Lowe ALGIERS (Reuters) - The Algeria state announced on Sunday it will acquire a 51 percent stake in Vimpelcom's Djezzy mobile phone unit and keep Vimpelcom on as operator, but it has still not decided how much it will pay for the stake. ...

Venezuela's annual inflation at 27.6 percent
Thu, 05 Jan 2012 14:53:17 -0800

President Hugo Chavez's government is likely to spend heavily in 2012 to rev up the economy during his re-election bid, and that could worsen one of Venezuela's biggest problems: 27- percent annual inflation that is already close to the highest in the ...

Austan Goolsbee's Budget Math Is Wrong - More than 100 Percent of Long-Term ...
Sun, 08 Jan 2012 08:20:41 -0800

An aging population and rising health-care costs mean that spending will rise again and imply a larger size of government than we have ever had but with all the growth coming from entitlements while projected federal revenues as a percentage of GDP ...

Analysts: Global gadget sales to top $1 trillion in 2012; demand from ...
Sun, 08 Jan 2012 11:53:54 -0800

Developing countries will account for 46 percent of global gadget sales in 2012, up from 37 percent four years ago, according to Gf K Boutique Research and the Consumer Electronics Association. The groups presented their forecast ahead of the massive ...

Jordan's unemployment rate hits 13.1 percent
Sat, 07 Jan 2012 23:41:34 -0800

According to data released by the Jordanian Department of Statistic, unemployment for the kingdom averaged 13.1 percent for 2011. Unemployment disproportionately affected the young, the university educated, and women. The International Monetary Fund ...

Romney plan would cut taxes on top 0.1 percent by nearly half a million dollars
Thu, 05 Jan 2012 12:42:25 -0800

When comparing how people are doing under today's tax policies to how indivuals would do under Romney's plan in 2015, these are the changes you'd see: Individuals in the top 0.1 percent , or those making over $2.8 million, would get an income tax cut of ...

Algeria to buy 51 percent of Vimpelcom unit: report
Sun, 08 Jan 2012 11:05:10 -0800

By Christian Lowe ALGIERS (Reuters) - The Algeria state announced on Sunday it will acquire a 51 percent stake in Vimpelcom's Djezzy mobile phone unit and keep Vimpelcom on as operator, but it has still not decided how much it will pay for the stake. ...

Support rate for Cabinet sinks to 35.7%
Sun, 08 Jan 2012 15:51:57 -0800

Public support for Prime Minister Yoshihiko Noda's Cabinet has plunged to 35.7 percent from 44.6 percent last month, with more than half 50.5 percent expressing disapproval for the first time since Noda took office in September, a Kyodo News poll ...

NPD: US Holiday Electronics Sales Drop 5.9 Percent
Sun, 08 Jan 2012 11:28:11 -0800

By peter svensson ap technology Writer US sales of consumer electronics fell 5.9 percent this past holiday season, as smartphones cannibalize sales of standalone gadgets like cameras, camcorders and GPS navigation devices. The NPD Group reported Sunday ...

'Occupy' camps out as 2011's word of the year... conquering both 'the 99 ...
Sun, 08 Jan 2012 10:51:56 -0800

By Michael Zennie When it's comes to being the word of the year, 'occupy' is camped out at the top this year, keeping down 'the 99 percent ' and stifling 'job creators.' The word, which became synonymous with anti-Wall Street protestors who took over ...

White House proposes 0.5 percent pay increase for federal workers
Fri, 06 Jan 2012 07:34:16 -0800

By Ed O'Keefe (Andrew Harrer - Bloomberg) The White House will propose a 0.5 percent pay increase for civilian federal employees as part of its 2013 budget proposal, according to two senior administration officials familiar with the plans. ...

Netflix shares soar 11 percent on stats highlighting growing usage of Internet ...
Wed, 04 Jan 2012 20:53:01 -0800

The numbers released Wednesday contributed to an 11 percent surge in Netflix Inc.'s stock price. The shares gained $8.21 to finish at $80.45. It marked Netflix's highest closing price in seven weeks. The stock still remains far below of its all-time ...

House of Lies Premiere Review: No Sympathy For The One Percent
Fri, 06 Jan 2012 14:16:31 -0800

The wonderful Cheadle is never less than 100 percent committed to the role, but Marty is too shallow and predictable to give the actor much to work with. As his second-in-command, Jeannie Van Der Hooven, Kristen Bell rarely gets a chance to show off ...

US Gasoline Rises to $3.36 a Gallon, Lundberg Survey Shows
Sun, 08 Jan 2012 12:35:57 -0800

Prices rose as crude oil surged 8.6 percent and as a government subsidy on ethanol expired Dec. 31. The subsidy, enacted in 1978, gave a 45-cent tax credit to refiners for each gallon of the biofuel blended into gasoline. Wholesale prices were up 19.5 ...

Special Report: Did NJ property tax reform help most taxpayers?
Sun, 08 Jan 2012 03:16:26 -0800

Trenton new Jersey homeowners paid an average of 2.4 percent more for property taxes in 2011, the smallest increase in nearly two decades, showing Gov. Chris Christie's push to restrain local levies might be working. A Star-Ledger analysis of taxes ...

Rio de Janeiro seeing boom in tourism, with 12 percent increase this summer
Sun, 08 Jan 2012 07:31:01 -0800

That's a 12.4 percent increase projected for the south-of-the-equator summer months of January, February and March. Riotur officials said last week the greater number of visitors will also spend $2.2 billion this summer, compared to $1.9 billion last ...

Workers Report Pressure on Ethics Rules in Survey
Sun, 08 Jan 2012 11:30:23 -0800

The percentage of employees who perceived pressure to break rules rose to 13 percent , from 8 percent in 2009, and 93 percent of those workers said they saw misconduct. Retaliation was more far-reaching than in 2009, according to the group. ...

Top Forecasters Split on Euro as No. 1 Wells Fargo Sees Decline
Sun, 08 Jan 2012 16:31:57 -0800

The euro dropped 1.9 percent to $1.2717 last week, and has weakened from last year's high of $1.4940 in May. It depreciated 3.2 percent in 2011 and 6.5 percent in 2010, and was the worst performing currency of 2011 versus nine developed-nation ...

Australian Retail Sales Unexpectedly Stall, Ending Four-Month-Long Advance
Sun, 08 Jan 2012 17:11:56 -0800

Sales were little changed from a month earlier, when they rose 0.2 percent , the Bureau of Statistics said in Sydney today. The result compares with the median forecast (AURSTSA) in a Bloomberg News survey of 20 economists for a 0.4 percent gain. ...

Australian Retail Sales Unexpectedly Stall, Ending 4-Month Gain
Sun, 08 Jan 2012 17:36:11 -0800

Sales were little changed from a month earlier, when they rose 0.2 percent , the Bureau of Statistics said in Sydney today. The result compares with the median forecast in a Bloomberg News survey of 20 economists for a 0.4 percent gain. ...