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Airline Industry Says Fuel Costs, Taxes Have Vaporized Profits

With the airline industry predicting losses this year totaling $6 billion, the association representing nearly all of the world's air carriers is calling for governments to take a friendlier approach.


Governments and Growth

Current economic dogmas such as the private sector being better, more competent, and more efficient at allocating scarce economic resources and thus at preventing waste, are far from being universally applicable.


European Union to Lose US$79 Billion if New U.N. Regulatory System Created

The new ABS regime would be equivalent to a long-run tax on biotechnological and pharmaceutical research.


Investing in the Baltic Tiger: What Has Estonia Got to Offer?

Rising far above her new European neighbours in terms of infrastructure and growth, Estonia is fast becoming the Baltic’s very own ‘Tiger’ economy with a healthy growth rate of 5.5% in 2004.


The euro and the History of Previous Currency Unions

The euro still feels like a novelty - but it is not. It was preceded by quite a few monetary unions in both Europe and outside it. What lessons does history teach us?


On a local scale, economic illiteracy about personal finance may cause temporary hardship for a household. On a national scale, economic illiteracy about policy can cause dramatic hardship for a nation or even the world.


Workers

We have read about the unemployment rate being high. Really anything around six percent is pretty good and it is less than that now according to the statistics, but some politicians say it is terrible and others say it is reasonable. It depends upon which side of the isle you sit.


US Economy Continues Growing

The U.S. economy added nearly a quarter-million jobs in April, a sign that even with a rise in short-term interest rates, the economy is continuing to perform well.


Credit Cards

If gold medals were awarded for marketing consistency, the credit card industry would be the Sarah Hughes of the business world. Major players Visa and MasterCard will stick to their established routines this year.


Travel Light to Work

People who are winning at working are one suitcase people. Like a seasoned world traveler, they've learned what essentials to pack. They bring to work only those skills and experiences that will positively impact their work and future.


What is a Business Loan?

A business loan is designed for a wide range of small, medium and start-up business needs including the purchase, refinance and expansion of a business.


Obscene Warner Music Executive Payouts

In these times of major label mergers, downsizing, the slashing of label rosters, and thousands of record company jobs being lost over the last three years comes one of the most disturbing reports we have come across. It further reveals just how profoundly out-of-touch certain companies TRULY are when addressing the problems within their own record divisions.


Wall Street Expected to Reopen by Monday

The U.S. stock market, shut down by the terror attack in lower Manhattan Tuesday, is expected to be back in operation no later than next Monday.