Page 6 - Flat Lining News Today

some 5,000 palestinians reportedly fled a u.n. refugee camp. more than 40 people have been killed in two days. those are the headlines from cnn, the worlds news leader. world business today starts right now. good morning. from cnn london. im charles hodson. >> and very good afternoon from cnn hong kong. im andrew stevens. youre watching world business today. the top stories this tuesday, august 16th. >> new signs of slowing growth in europe as leaders of the euro zones top two econom...

Remember in the last year public spending growth slowed sharply. public investment fell out right and taxes went up in the beginning of 2010 and further hike in the beginning of this year. so fiscal typing is not something that lies in the future. it has already been with us for awhile. it looks as if the economy is growing not at a spectacular pace, but a tolerable pace in the face of the fiscal tightening. >> is it growing or flat lining -- flat lining? >> the gdp has been flat the last couple...

Room. in the meantime, lets check wall street kicking off a new week. about 20 minutes from now. lets go to cnbcs becky quick. good morning. >> it looks right now like the futures are flat lining. not a major direction one way or the other but thats because the dow on friday closed at a two and a half year high so traders are waiting for some signals. it is a big week for earnings. in fact, half of the dow 30 components are expected to report. we kicked things off with mcdonalds that came in wit...

Two. he went with new entitlements with the new deal. thats weird. this is what obama is doing. reviving the economy with massive government spenneding and expansion of entitlement. stimulus one, two, three, are we up to four yet? do i hear five? we have cash for caulkers, cash for clunkers, financial reform, takeover of the student loan industry, healthcare, its fantastic. how do the story end? unemployment remained unresponsive. weird. through the new deal and new deal two. obama, the unemploy...

Like stimulus and stimulus two. he went with new entitlements with the new deal. thats weird. this is what obama is doing. reviving the economy with massive government spenneding and expansion of entitlement. stimulus one, two, three, are we up to four yet? do i hear five? we have cash for caulkers, cash for clunkers, financial reform, takeover of the student loan industry, healthcare, its fantastic. how do the story end? unemployment remained unresponsive. weird. through the new deal and new de...

Its been quite an experience and of course hes going to iowa city in iowa where this whole thing started where he started talking about health care reform and iowa is such a symbolic place, obviously not just for where the first votes were but there was a long, long period through 2007 where people werent just saying he didnt have the experience they were saying he wouldnt get the nomination. his numbers were flat lining. there is a closing of the circle here by going back to where it started. >...

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Gdp is now estimated to return to the level of 2010 third quarter. >> well, ashley joshy is here with me to talk me through it. avoided a double dip recession, sigh of relief from the government on that. this is hardly a robust recovery. >> it is not a robust recovery. the chief economist that we were listening to there said its not good. its not bad. its plateauing and what we are is exactly back to the same stage we were at at the end of last year. it was a miserable, tough, grim winter. we go...