You’ll have heard this before, no doubt: infinite growth is impossible on a finite planet. It’s something of a mantra for environmentalists and is used as absolute proof that we’re just going to have to do without that pesky economic growth thing. The problem here is that the conclusion isn’t justified by the premise: it’s [...]
Jubilee To Damage Economic Growth
The Queen’s Diamond Jubilee celebrations could hamper the economy’s recovery due to a reduction in economic output, the Bank of England has warned. As part of the celebrations, British workers have been given an extra bank holiday, which could lead to a drop in economic activity. The Bank of England has said that the four-day [...]
German Finance Minister eyes expansion measures for Greece
BERLIN (Reuters) – Germany is prepared to cruise additional measures to foster expansion in Greece though a struggling economy contingency still lift out concluded reforms, German Finance Minister Wolfgang Schaeuble pronounced in an speak with a Welt am Sonntag weekly on Saturday. “If a Greeks have an thought of what we could do, in addition, [...]
Clean Power Finance Wins Best Solar Company in San Francisco Business Times’ 2012 Tech and Innovation Awards
SAN FRANCISCO–(BUSINESS WIRE)– Clean Power Finance, a online marketplace for residential solar financing and heading provider of solar sales software, currently announced it has been named a leader of a Solar difficulty in the San Francisco Business Times’ 2012 Tech Innovation Awards. Profiles of a winners will be featured in a May 11 emanate of a publication. [...]
Queen’s Speech fails to compensate off for shareholders
By James Salmon and Hugo Duncan PUBLISHED: 16:15 EST, 9 May 2012 | UPDATED: 17:03 EST, 9 May 2012 The Queen avoided a grubby issue of arching fat cat compensate in her debate to Parliament yesterday, despite a flourishing backlash from shareholders. Laying out a Government’s legislative programme, she reliable skeleton to introduce tougher measures [...]
Business Group Predicts Economic Growth
The UK’s economy will return to growth in the second half of this year, a leading business lobbying organisation has said. The reassurance has come from the CBI, which has also predicted that the speed of economic growth in the UK will increase next year. It is a positive prediction, which flies in the face [...]
Why does cutting government spending mean faster growth?
Cutting government spending on things like public sector salaries, medicines, consultancy advice and other forms of what is called “government consumption” tends to make economies grow faster in the medium term.When the Coalition finally gets around to cutting such spending (it still have around 90 per cent of such cuts to implement) that might even [...]
Slow growth means that the Government risks U-turning on Plan A at precisely the wrong moment
With the announcement yesterday of a second quarter in a row of contraction in the economy (widely taken as defining a “recession”), and now four quarters in the past six having negative growth, it is useful to remind ourselves how dependent the Coalition’s original deficit reduction programme was upon economic growth. In the figure below, [...]
Better opinion for American economy as a Fed raises expansion forecasts
By Daily Mail Reporter PUBLISHED: 16:29 EST, 25 Apr 2012 | UPDATED: 16:29 EST, 25 Apr 2012 The U.S. Federal Reserve final night lifted a expansion forecasts for a American economy and pronounced stagnation will be reduce than formerly thought. In a boost to President Barack Obama’s re-election hopes, it pronounced it now expects a [...]
Horizon Technology Finance Commits $2.5 Million Venture Loan to Optaros
FARMINGTON, Conn., March 26, 2012 (GLOBE NEWSWIRE) — Horizon Technology Finance Corporation (Nasdaq:HRZN – News) (the “Company” or “Horizon”), a leading specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life science, healthcare information and services, and clean-tech industries, today announced that it has committed [...]