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  • Americans happier with economic figures Americans happier with economic figures

    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 ...

  • British economy in modest recovery central bank governor

    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 ...

  • Call box business is booming in Cameroon

    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 ...

  • Ketamine holds promise for people with treatment-resistant depression

    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 ...

  • Thai economy contracts in first quarter

    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 ...

Movie Review

The Ten Commandments [DVD]

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 ... ...

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  • Chinese Credit Surge Raises Property Fears

    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 ...

  • Boosting Ethiopias economy one soft-soled step at a time

    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 ...

  • Circular economy investment up

    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 ...

  • Chinas economy on track for gradual slowdown in H2 as govt reiterates policy stance

    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 ...

  • RPT-Rate cuts possible as Polish inflation set to stay low -central banker

    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 ...

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