GCC current account surplus at $322bn in 2011 – Emirates 24/7

June 17, 2012

Gulf hydrocarbon producers basked in a massive current account surplus of nearly $322 billion in 2011 because of a sharp rise in their oil exports due to strong crude prices, according to a bank study. The surplus accounted for as high as 23 per cent of the combined GDP of the six-nation Gulf […]

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Longmont’s WP Manufacturing has found happiness in its new home – Longmont Daily Times-Call

June 17, 2012

LONGMONT — Steel molds that haven’t yet found permanent homes are stacked on pallets on the floor. A bit of damage to an interior ceiling still will need to be repaired, the result of an electrical problem. But while WP Manufacturing may not be completely settled into its new digs at 1198 Boston Ave., the […]

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Broadband demand flat – Siliconrepublic.com

June 15, 2012

At a time when broadband is becoming a considerable economic enabler – new jobs available from Apple and Amazon for home-shoring workers require 5Mbps and 4Mbps minimum speeds respectively – broadband subscriptions grew only 0.1pc to 1.66m subscriptions at the end of March. Fueling concerns of an accelerating digital divide between urban and rural areas, […]

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DuBiotech, Idma join hands – Khaleej Times

June 15, 2012

MUMBAI — The Dubai Biotechnology and Research Park, or DuBiotech, is joining hands with the Indian Drug Manufacturers Association, or Idma, to enable the smooth facilitation for Indian companies wanting to set up operations in the park. Marwan Abdulaziz Janahi, executive director of Tecom Investments’ Science Cluster — which comprises DuBiotech, the life sciences […]

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JRPI strategy moves to next phase – Pittsburg Morning Sun

June 15, 2012

The Joplin Regional Prosperity Initiative isn’t the only group trying to identify a vision for the future. With Project 17 and Imagine Pittsburg 2030 making similar inroads, they are not alone. But after a meeting last week in Pittsburg, the JRPI is now one step closer to completing their visioning process. The JRPI has completed […]

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Investing In China’s Slowdown – Benzinga

June 15, 2012

For more from Investopedia: Read about educating about poverty through frugal living here. Read about why we are still talking about Greece here. Learn about innovative packaging that packed a punch here. Read about the three moral types managing your money here. Read about why you should be weary of target-date funds here. by Marc […]

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How the Southern Virginia Higher Education Center is addressing … – Virginia Business Magazine

June 15, 2012

June 15, 2012 11:47 AM by Dr. Betty H. Adams “We seek success in Finland, are born and die in Maine. In minor ways we differ, in major we’re the same.” Dr. Maya Angelou so eloquently penned these words in her poem “Human Family.” And though she was referring to the thread of humanity that […]

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Hopeful sign: Small manufacturers buy big machines – Bloomberg Businessweek

June 14, 2012

NEW YORK (AP) — Small businesses that make machines and components for other manufacturers are experiencing an upswing that could be a sign of things to come for the broader economy. The industries fueling the demand vary. In some cases, business is coming from medical device makers, which are expected to see increasing growth as […]

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Make It in America Once Again – Huffington Post (blog)

June 14, 2012

The Make-It-In-America (MIIA) test has one question that most of us probably can’t answer accurately. How much of what we own was made in our country? Inventory your clothes, TV, kitchen appliances, cell phone, etc. — chances are that most items were not made here. Now that I have a clearer sense of my MIIA […]

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For Billionaires Only: Uncle Sam’s Real Estate Fire Sale – The New American

June 14, 2012

“The largest transfer of wealth from the public to private sector is about to begin. The federal government will be bulk-selling the massive portfolio of foreclosed homes now owned by HUD, Fannie Mae and Freddie Mac to private investors — vulture funds.” So warned Roger Arnold, chief economist for ALM Advisors of Pasadena, California, in […]

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