European Union credit rating slips from AAA
European Union credit rating with Standard and Poor’s slipped from AAA to AA+. After taking into account the deteriorating creditworthiness of several EU Member...
Raising minimum wage would lift 27.8 million workers, USA
Raising the minimum wage to $10.10 would lift the standard of living of 27.8 million American workers, according to a new study of the...
State personal income slowed in Q3 2013, USA
State personal income slowed down to 1.1% in Q3 2013, compared to 1.2% in Q2 2013, according to estimates published by the US Bureau...
US Leading Economic Index rose in November
The US Leading Economic Index rose to 98.3 in November (2004 = 100), an increase of 0.8% from October, which had increased by 1%...
Conservation investment in low-cost countries less likely to succeed
The first study to look at links between conservation management costs and factors that lead to conservation success, finds that biodiversity projects in countries...
SAAB wins Brazilian fighter jet contract worth $4.5bn
Amid fierce competition from US’ Boeing and France’s Dassault Aviation, Sweden’s SAAB wins the Brazilian fighter jet contract to supply 36 aircraft worth $4.5...
Stimulus program taper to start in January
While the stimulus program taper starts in January, very low interest rates are here to stay for a very long while, the US Federal...
Graphene is an attractive material for nanoscale electronics
The increasing demand for smaller and faster semiconductor technology intensifies the search for 'next-generation' materials that work well at the nanoscale as alternatives to...
Plastic banknotes to be issued, says Bank of England
Plastic banknotes will replace the current cotton paper £5 and £10 ones, the Bank of England has announced. Banknotes means paper money, which in...
Bitcoin panic selling after China restricts exchanges
Bitcoin panic selling has sunk the virtual currency’s value to less than half its recent trading price after The People’s Bank of China, the...