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Argentina to create yet another dollar exchange rate

Argentina's Superminister of Economy, Industry, and Agriculture Sergio Massa Monday announced the creation of yet a new parity between the local currency and the US dollar to be applied to regional economies.

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Economy Ministry: Export Promotion Program was in fact a luxury trip scheme on taxpayers' money

Economy Ministry: Export Promotion Program was in fact a luxury trip scheme on taxpayers' money
stiripesurse.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stiripesurse.ro Daily Mail and Mail on Sunday newspapers.

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EcuadorTimes.net | Breaking News, Ecuador News, World, Sports, Entertainment » In 18 months, Ecuador would reflect positive economic results

EcuadorTimes.net | Breaking News, Ecuador News, World, Sports, Entertainment » In 18 months, Ecuador would reflect positive economic results
ecuadortimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecuadortimes.net Daily Mail and Mail on Sunday newspapers.

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ANEIR: Minister of Economy has sentenced Romanian export to death

Sursa foto: frankfurt.apollo.olxcdn.com The intention of the Economy minister to modify the export promotion program, so that the companies no longer receive money directly for participation in fairs, is a death sentence for the Romanian export, reads a press release of the National Association of Romanian Exporters and Importers (ANEIR). The Minister (with zero experience in economics and zero experience in public management) invoked some figures from a so-called Control Report of his minions, without listening to the accused party. In the view of the accuser, the Export Promotion Program (which has been operating in different forms since Romania became modern) was allegedly created for the benefit of employers who make tourism on state money and for the enrichment of companies that organize national pavilions at international fairs," maintains the president of ANEIR, Mihai Ionescu.

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Detailed text transcripts for TV channel - CNN - 20100314:19:30:00

band-aid to fix policies so that we're creating jobs for people to get instead of unemployment benefits? >> you're really creating two issues. one is that extended benefits can't start to gradually start a culture and people start becoming attuned to the notion that they're entitled to this and therefore they can take time off. and so that you do have people who decide to just take some time out. that's not good for the economy. it shrinks it. the other aspect of it, the obama administration really is not taking the substantive steps it needs to take to fix the economy. >> like what? >> it's taking the easy way out. >> like what? >> well, the trade deficit. its export promotion program is really not going to fix the trade deficit and the trade deficit is responsible for a lot of our unemployment. there's not enough customers. also, businesses can't borrow money. they spent most of the t.a.r.p. money making wall street rich. they didn't use it as was originally intended, which was to create a bad bank of sorts, to clean up the books of the banks. so the 8,000 regional banks, terribly troubled, lots of failures, almost 200, more to

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