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Employment expected to remain steady

Most economists are expecting unemployment in Australia to remain steady at 5.3 per cent.
The Bureau of Statistics figures for February are released on Thursday morning at 11:30am (AEDT).
A survey of 25 economists by Bloomberg shows the average forecast is for 15,000 extra jobs to have been created last month.
That would be a slow-down in employment [...]

Negative public opinion about foreign countries an early warning signal for terrorism

Washington, September 18 (ANI): People’s negative views toward the leadership and policies of other countries may be an indication that a terrorist act may be carried out, say researchers.

Alan Krueger, [...]

‘Zero tolerance’ policy has zero effect

Washington, Sep 17 (ANI): Amid an ongoing debate about changing the drinking age from 21 to 18 in the US, a Sam Houston State University economist has raised voice against a related law- the “zero tolerance” policy.

Darren Grant studied data from 30,000 fatalities in [...]

Pakistan’s 11.3 billion-dollar IMF loan in danger

Islamabad, Sep. 5 (ANI): The 11.3 billion-dollar-loan that International Monetary Fund (IMF) was going to grant Pakistan, faces the risk of disruption if the country fails to reform its tax collection system.

The 7.6 billion dollar IMF loan, agreed late last year, and raised subsequently to 11.3 billion dollars, helped Pakistan avoid a default on [...]

High earners munch frequently at work, stay healthier

Washington, Sep 5 (ANI): People who earn more money are more likely to munch on muffins or chocolate bars while working, according to researchers at University of Texas at Austin.

What’s more, such people boost their chances of staying healthy – thanks to the regular munching.

Economist Daniel Hamermesh and his colleagues used data from the [...]

UCLA economist blames Hoover’s pro-labour policies for Great Depression

Washington, Aug 30 (ANI): A University of California, Los Angeles economist has blamed former US President Herbert Hoover’s pro-labour policies for Great Depression in 1929.

“These findings suggest that the recession was three times worse – at a minimum – than it would otherwise have been, because of Hoover,” said Lee E. Ohanian, a UCLA professor [...]

Green bosses ‘over-comply’ with environmental rules

Washington, Aug 20 (ANI): A business is more likely to “over-comply” with environmental regulations if its boss believes in environment protection, according to a new study.

JunJie Wu, an economist at Oregon State University, examined why some firms violate environmental regulatory standards while others exceed them.

The data from the survey that 689 businesses revealed that senior [...]

China’s carbon emissions may peak around 2030

New Delhi, August 18 (ANI): A panel of experts have determined that China’s carbon emissions output could peak around 2030 if the government continues to be serious about “strengthened measures” to improve energy efficiency and if it accelerates exploration of renewable energy.

According to the panel from the National Development and Reform Commission and the Development [...]

Taller men ‘make more money’

Washington, July 13 (ANI): Taller men are able to earn more money than their shorter counterparts, according to a study.

The study suggests that taller people make more money simply because they are perceived to be more intelligent and powerful.

The study, conducted in Australia, found that men who are 6-foot tall had annual incomes nearly 1,000 [...]

Scanty rains ring alarm bells in Agra

Agra, July 9 (IANS) Poor agricultural yields, high irrigation costs and exorbitant prices of essential commodities – all this and more are causing alarm bells to ring as parts of western Uttar Pradesh are facing “drought-like” conditions. Farmers are concerned about the lack of action by the government.
The Agra division, which comprises the districts Mathura, [...]

In 51 years British economy contracts at fastest rate

June 30th, 2009 – 6:20 pm ICT by IANS
London, June 30 (IANS) The British economy shrank by 2.4 percent in the first quarter – the fastest rate of shrinkage in more than 50 years, according to official figures released Tuesday.
The Office for National Statistics (ONS) said the contraction between January and March was the fastest [...]

Radio Pakistan sees Indian Punjab, Pakistan’s mirror image

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Abohar, June 22 (ANI): The Punjabi Durbar programme of Radio Pakistan is seeing Indian Punjab similar to what is existing in Pakistani portion of the State. /pp
This was evident when one heard the latest Punjabi Durbar programme, which alleged [...]

Manmohan Singh calls first Cabinet meet today

New Delhi, May 23 (ANI): A day after taking oath as Prime Minister for the second term, Manmohan Singh called a meeting of the Union Cabinet today.

According to sources, it is likely to take a decision on convening a Parliament session to enable new members to take oath. President Pratibha Patil will be addressing [...]

Manmohan Singh takes oath as PM along with 19 cabinet ministers

New Delhi, May 22 (ANI): President Pratibha Patil administered oath of office and secrecy to Prime Minister Manmohan Singh along with 19 Cabinet ministers.

The 76-year-old, soft-spoken economist is the first Prime Minister since post-independence after Jawaharlal Nehru to be returned to [...]

Manmohan Singh gets unique greetings from artists

Allahabad/Ludhiana, May 22 (ANI): As Dr. Manmohan Singh gets ready for his second term as Prime Minister, artists have greeted him in their own unique way.

A youth from Allahabad city has built a sand sculpture of Dr. Singh at Sangam on the banks of the river Ganga.

“On [...]

India set to emerge as the next economic superpower: CSM

Washington, May 19 (ANI): India is set to emerge as the world’s next economic superpower, given its growing economy and stable Congress-led government.

According to an article in the Christian Science Monitor, in comparison to China, India will be better able to make international deals on critical topics such as climate change and the territorial dispute [...]

Tall, fat men earn more than their shorter, slimmer counterparts

Melbourne, May 17 (ANI): Being tall can really have its advantages, for a new study has found that the taller you are, the more you earn.

What’s more, overweight people earn more than their skinny workmates, the [...]

Murdoch may start charging for access to online newspapers within a year

London, May 7 (ANI): Aussie media mogul Rupert Murdoch has revealed that he will soon start charging people for obtaining access to News Corporation’s newspaper websites.

The change is expected to take place within a year, as he strives to fix a “malfunctioning” business model.

Encouraged by [...]

Introducing ‘congestion pricing’ at airports could help avoid delays

Washington, Apr 23 (ANI): London’s “congestion pricing”-the fee motorists pay to drive into certain parts of the city during peak traffic hours- could solve the problem of flight delays, says an economist at Tel Aviv University.

Dr. Itai Ater, from TAU’s Faculty of Management, is suggesting that introducing “congestion pricing” at airports could save travellers time [...]

Introducing ‘congestion pricing’ at airports could help avoid delays

Washington, Apr 23 (ANI): London’s “congestion pricing”-the fee motorists pay to drive into certain parts of the city during peak traffic hours- could solve the problem of flight delays, says an economist at Tel Aviv University.

Dr. Itai Ater, from TAU’s Faculty of Management, is suggesting that introducing “congestion pricing” at airports could save travellers time [...]