Americans are at their most optimistic since 2007 according to a Thomson Reuters/University of Michigan index of consumer sentiment. The preliminary index has shown optimism increased to 83.7 in May as stocks surged and real estate climbed. With record stock prices boosting household wealth and unemployment down in some areas, consumers were able to see their way through the effects of ...
Bank of England Governor Mervyn King said in a television interview that Britain's economy had achieved "only a modest recovery". "We are seeing a recovery. It's only a modest recovery, and we certainly can't be satisfied with it," the outgoing central bank governor King said in an interview with the Sky News' Murnaghan programme Sunday. "We will need to do more to use up the spare capacity ...
There's no official figure to determine its role in the Cameroonian economy but there is evidence that the "call box" business is a booming informal business in the country's mobile telephone sector. The informal business, practised by thousands of Cameroonians in both in the urban and rural areas, entails one getting a mobile phone and a table in an open area on a street, reports Xinhua. This ...
In a new study, patients with treatment-resistant major depression saw dramatic improvement in their illness after treatment with ketamine, an anesthetic. The largest ketamine clinical trial to-date was led by researchers from the Icahn School of Medicine at Mount Sinai. The antidepressant benefits of ketamine were seen within 24 hours, whereas traditional antidepressants can take days or ...
BANGKOK (AFP) - Thailand's economy shrank 2.2 percent in the three months to March from the previous quarter -- the first contraction in more than a year -- as manufacturing output fell, official data showed on Monday.The decline followed a blistering year-long recovery from devastating floods in late 2011 that hit major factories north of the capital Bangkok and caused a double-digit drop ...
The Ten Commandments [DVD]
Cecil B. DeMilles opulent Technicolor remake of The Ten Commandments, which he had originally directed in 1923, is the cinematic equivalent of really bad religious art: Those who love it and find it spiritually moving truly, deeply love it, while everyone else wou ... ...
BY TOM ORLIK AND ESTHER FUNG Surging credit has kept China's real-estate sector humming despite a renewed attempt by the government to bring prices under control, supporting short-term economic growth but risking a destabilizing decline in prices down the line. Average house prices rose 4.3% from a year earlier in April after gaining 3.1% in March, according to The Wall Street ...
Specifically, building a successful shoe manufacturing business that creates jobs, empowers employees, like the one she founded -- SoleRebels, the first ever global footwear company to come out of a developing country. "You don't build your economy based on aid, you want to build your economy based on the way SoleRebels built its business, so that it's sustainable," Bethlehem ...
Workers lay solar panels on a roof at Nanjing South Railway Station. China is giving attention to reducing energy consumption in industrial production. Dong Jinlin / for China DailyThe Chinese government will double its investment in the circular economy this year to 2 billion yuan ($300 million) to support the national policies of energy conservation and emission reduction, a senior official ...
China's economy is expected to head toward a gradual slowdown in the second half of this year, as the central government has stated that it will retain its current mix of tightened economic policies.Top officials from the Political Bureau of the CPC Central Committee agreed at a Friday meeting that the country will stick to its proactive fiscal policies in the second half of this year, with ...
Mon May 20, 2013 2:19am EDT (Repeats Saturday story without changes) By Wojciech Zurawski RYTRO, Poland May 18 (Reuters) - There is little chance that consumer inflation in Poland will quickly return to the central bank's 2.5 percent target, a Monetary Policy Council member said on Saturday, leaving scope for further monetary easing. Jerzy Hausner, one of the central bank's 10 ...
On the record
Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.
The world's best known footballer was speaking after formally announcing his retirement.
Sweet Home Hotel
It is not often we review a hotel of this size, or of this budget range, so it was a ...Keep reading
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Iranian authorities have executed two men after they were charged and convicted for spying Israel and the United States.
Iran has repeatedly accused Israel and the U.S. of carrying out covert intelligence operations following ongoing pressure on the country over its nuclear programme, which the Western nations suspect as being used to build an atomic weapon, despite Tehran's insistence that the programme is meant for peaceful purposes, BBC News reports.
Tehran's prosecutor's office said that Persian santoor player and songwriter Mohammad Heydari has been found guilty of revealing 'security issues and national secrets' to the intelligence experts, the Israeli Mossad agents in exchange for cash, while Kourosh Ahmadi had been convicted of providing intelligence reports to the Central Intelligence Agency (CIA).
Iran's Fars news agency reported that the order for the executions was given at dawn by Tehran's Revolutionary Court and confirmed by the Supreme Court. (ANI)
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