Finance & Economics

The Secret Document That Transformed China

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Yen Jingchang was one of the signers of the secret document

Cheap Chinese Panels Spark Solar Power Trade War

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Contractors with SunEdison install more than 1,000 Chinese-made solar panels on top of a Kohl's Department Store in Hamilton Township, N.J., in 2010. Energy generated by the solar system will cut the store's usage, on average, by 25 to 30 percent.

Statement by the EC, ECB, and IMF on the Review Mission to Ireland

Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during January 10-19 for the regular quarterly review of the government’s economic programme. The teams’ assessment is that the programme is on track but challenges remain and continued steadfast policy implementation will be key. The EC and IMF missions will seek approval for the completion of this review from the relevant EU bodies and the IMF Executive Board respectively.

Taiwan's economic outlook boosting

Taiwan’s 2012 presidential election had attracted world attention last week. President Ma Ying-jeou’s relection has been treated as the support for Consensus of 1992 which is the foundation of stable cross-strait relations and allows further develope cross-strait ties. The European Union, United States, China and Taiwan’s neighbouring countries welcome the result.

The Income Gap: Unfair, Or Are We Just Jealous?

The widening gulf between the rich and everyone else is a growing source of tension in America.

S&P Downgrades Ratings in Nine Euro-zone Countries

The ratings agency, SP&, released a statement today that pointed out the proper assessment of pecuniary conditions of countries in the Euro-zone.

Liberian cocoa and coffee farmers to benefit from UN financing

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The United Nations rural development arm is to provide a $24.9 million loan to Liberia to improve the West African country’s cocoa and coffee production in an effort to alleviate poverty among rural communities recovering from the effects of past conflicts.

Italy's Accordion Industry: Tiny And Thriving

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Italy's famed accordion industry has all the business it wants — but there are limits to its ambitions.

Italian Shopkeepers Say 'No, Grazie' To More Hours

Italy's new prime minister, technocrat Mario Monti, wants to stimulate growth by boosting productivity and competitiveness. A new law that went into effect Jan. 1 allows shops, cafes and restaurants to stay open 24/7 all year long, holidays included. This deregulation puts Italy ahead of many European countries, but many Italians are resisting.

Fla.'s Economic Pain, Anger Could Shape 2012 Race

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The housing market collapse has taken a toll on Florida families and may affect how they vote in the presidential election.