Kenya – New World Building Block It would be nice to think that the new Kenyan constitution is going to be helpful to the country and to Africa generally. But when we read the constitution we find as usual these days that the power of the people is vested in the state. The dominant social theme here seems to be, "A new constitution has been drawn up that gives people hope for the future. The government hasn't been much good in the past, but now with this piece of paper things will be better."
Fri, 3 Sep 2010 00:00:00 GMT Psychic Regulation We have been writing about regulation lately because the regulatory state is one of the very biggest of all power-elite themes. The financial crisis has actively fanned the flames of regulation. But at some point, regulatory society must surely crosses the divide between democracy and authoritarianism (a democracy being bad enough but an authoritarian one being worse). Eventually, inexorably you end up with a kind of totalitarianism. And what then? Dominant social theme (nonetheless): the market
Fri, 3 Sep 2010 12:41:11 +0100 Norske Skog calls for newsprint capacity cuts The world's second-biggest newsprint producer warns that Europe risks falling behind North America in efforts to restructure its paper industry if more radical action is not taken
Mon, 30 Aug 2010 21:06:48 +0100 Japan renews QE as recovery falters Japan becomes the first major country to inject further stimulus since the
Great Recession ended.
Fri, 03 Sep 2010 14:01:36 +0100 UK services growth slowest for 16 months as hiring falls Service sector activity grows at slowest pace since last April, with a sharp
fall in hiring as employers worry about a slowdown and spending cuts.
Fri, 03 Sep 2010 10:05:07 +0100
Latest Top (2) News
U.S. Private Sector Adds 67,000 Jobs The U.S. economy lost 54,000 jobs in August as census workers continued to exit payrolls, but the private sector added 67,000 jobs. The unemployment rate rose to 9.6%.
Fri, 03 Sep 2010 10:59:35 EDT Japanese Capital Spending Slips Capital spending by Japanese businesses slipped during the quarter ended June, but inventory investment surged, suggesting the government will revise upward its GDP growth estimate for the quarter.
Reuters - Wall Street advanced on Friday after a better-than-expected jobs report lifted investor optimism on the economy but gains were checked after data showed services sector activity slowed.
Reuters - Campbell Soup Co posted lower-than-expected quarterly sales and forecast sales growth for the new fiscal year below its long-term target as the world's largest soup company grapples with a weak economy.
