| Ask Gerry - Q and A with Town boss
WHAT have the last couple of days been like for you and the rest of the backroom staff? Has it been hard to remain focused and keep the players focused? Tom, Bradley Gerry says: FROM our point of view, it's been business as usual. We have simply carried on with our jobs as professionally as we can, and I can assure supporters that myself, the rest of the coaching staff and the players are fully focused on getting three points at Oldham tomorrow, then at home to Blackpool on Monday. Had Phil Parkinson accepted the manager's position, he wouldn't have come in straight away in any case, given Charlton's ongoing battle against relegation from the Premiership. That meant we were already geared up to continuing the work we've been doing since Peter (Jackson) left the club.
6:34 am: Fed officials expected to keep rates unchanged at ...
WASHINGTON (AP) - As the Federal Reserve tries to guide the economy in for a soft landing, it is being battered by turbulent financial markets, a slumping housing industry and stubborn inflation pressures.None of that is expected to alter the course Fed Chairman Ben Bernanke and his colleagues have established of keeping interest rates steady at current levels until there is firm evidence that inflation pressures have begun to recede.Wrapping up a two-day meeting on Wednesday, Fed officials were widely expected to hold interest rates unchanged while still expressing greater concerns about inflation than the threat of weaker economic growth.The federal funds rate, the interest that banks charge each other, has been at 5.25 percent since last June when the central bank capped a two-year, credit-tightening campaign with its 17th consecutive quarter-point rate hike.
Expert tips to avoid sectoral volatilities
The stock markets are falling like ninepins. On the other hand, risk-free interest rates are moving up. In such a market, what must retail investors do? Should small investors shift to safe instruments or be bold enough to face risks. Haresh Soneji spoke to SBI MF CIO N Sethuram to get his views. Excerpts: The equity markets have been very volatile. What's your take? The Indian stock and other markets are now reacting to international economic developments. World over, markets have been quite volatile over the past few months and this is also reflected in the Indian markets. In India, the government is trying hard to fight inflation. The latest rate hike is one such element. We expect volatility to continue in the near term. The fourth quarter results would be out in April and with the factoring in of the full year 2006/07 earnings and with a clearer picture of the trends for 2007/08 emerging, we feel that the volatility would reduce over the next three months.
[Column] The economics of the FTA
I don't know how they did their survey, but according to an article I once read in a foreign academic journal, 97 percent of economists support free trade theory. The problem is most of the economists I know are opposed to the FTA with the United States; or, to be more precise, are opposed to the agreement in its current form, so I guess they make up the remaining 3 percent who didn't learn their economics right. The FTA is already more than the subject of debate about economics in Korea. It has become a political issue, and everyone is being forced to choose a position. Have you noticed how there is a clear taking of sides in the way the media covered the story of a working man who committed self-immolation in protest? That may be the fate of social science theory, but various economic theories are being degraded and used as tools for justifying political positions.
ZEW Indicator of Economic Sentiment for Germany in March slackened ...
The dynamism of the recovery process traced by the ZEW Indicator of Economic Sentiment for Germany slackened off somewhat in March 2007. The indicator rose by 2.9 points and now stands at 5.8 points after 2.9 points in February. This is still far below its historical average of 33.2 points. The ZEW Indicator of Economic Sentiment for Germany suggests that the German economy is continuing to recover. Domestic incoming orders developed favourably despite the increase in value-added tax. The Institute for the World Economy in Kiel, Germany on Monday revised its forecast for the German Economy to 2.8% growth in Gross Domestic Product (GDP) - faster than the 2.7% achieved in 2006, which was the fastest rate since 2000. Consumer confidence has also stabilized thanks to good news from the German labour market.
Ideal Economy Meets Human Needs, says US Writer
Washington, Apr 2 (Prensa Latina) Bill McKibben, an accomplished author of 10 books says the number one problem with world economy is that growth fails the affluent, destroys communities and threatens the Earth, according to a Bloomberg report. "Deep Economy" is McKibbens most recent work, a critique on ther line of John Kenneth Galbraiths "The Affluent Society", where the famous economist already recognized half a century ago that wealth hasnt erased poverty or inequity. ``A single-minded focus on increasing wealth has driven the planet's ecological system to the brink of failure, without making us happier," writes McKibben. A scholar in residence in environmental studies at Middlebury College in Vermont, he isn't an economist, but he has clearly thought long and hard about the matters in his book, including economic development.
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A survey has found that 43% of UK shoppers believe the best way to reduce food waste is to improve food planning, says IGD, a think-tank for the food industry. ‘Beyond Packaging: Food Waste in the Home', a survey that explored shoppers' attitudes to waste, found that nearly half the respondents said the majority of food that is wasted is due to ‘bad management'. According to IGD: “It is recognised by the greatest number of shoppers that the best way to reduce food waste it to improve planning. While this is primarily an area that needs to be addressed by the individual householder, the food industry could potentially facilitate this through information provision on providing shoppers with tools that enable them to plan better." Approximately 75% of shoppers also said they “feel guilty" about throwing away food.
TAG Unveils Landmark Study of State's Technology Industry
In the midst of the “dotcom" bust, Georgia was experiencing a boom in technology entrepreneurship, experiencing a significant upsurge in new technology-based companies as most of the nation saw a decline in tech businesses. That data was one of the more startling discoveries in the first ever comprehensive study of the state's technology industry unveiled recently by the Technology Association of Georgia (TAG). The study, which analyzed the tech industry back through the late 1990s, found that Georgia grew its technology commercial establishments by 4.4 percent in 2003 – the height of the aftermath of the tech bust – while the rest of the country saw a nearly 1 percent decline in tech businesses. “The State of the Industry report confirms what many of us have always known, technology entrepreneurship is alive, well and growing in Georgia," said TAG President Tino Mantella. “In fact, from 2002 through 2005, we have grown technology establishments in every year from over seven percent growth in 2002 to nearly three percent in 2005." Commissioned by TAG, along with leading sponsors - the Georgia Department of Economic Development, the Georgia Research Alliance and the Metro Atlanta Chamber of Commerce - the report looked at a wide variety of indicators over the period including job growth and investment capital.
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