The British economy hasn’t been doing so hot in recent years. Things haven’t been quite as terrible there as they’ve been in the rest of Europe, but compared to the United States and Japan — whose recoveries haven’t exactly been … Continued
Government
Top Story
Most Recent
Britain is doing well on employment despite a crummy economy. Why?
The Director Of The NSA Wants The Internet Under His Control
Wired has put up a profile of Army General Keith Alexander, the director of the NSA. The picture the article paints is kind of horrifying. Besides being the world’s largest intelligence agency, Alexander is also in charge of the Central … Continued
Employment and pay: the fury of the many
Small firms are lightening pay packets more than big companies, which are instead chucking P45s around like confetti It has become a ritual. The employment numbers come out and ministers seize on a couple of stats that are moving the right way, … Continued
C.I.A. to Get First Woman in No. 2 Job
<nyt_text> The C.I.A.’s deputy director, Michael J. Morell, is retiring after 33 years at the agency and will be replaced by Avril D. Haines, the top lawyer at the National Security Council, the C.I.A.’s director, John O. Brennan, announced Wednesday. The switch … Continued
Job Gains Seen Lackluster, May Temper Fed Taper Talk
(Reuters) – Job growth probably picked up only slightly in May, suggesting the economy is still in a rut and not ready for the Federal Reserve to dial back its monetary support. Employment outside the farming sector likely increased by … Continued
REVEALED: NSA Is Collecting Phone Records Of Millions Of Americans Daily
The National Security Agency is currently collecting the telephone records of millions of US customers of Verizon, one of America’s largest telecoms providers, under a top secret court order issued in April. The order, a copy of which has been … Continued
Job prospects across Canada mixed, Conference Board survey finds
Job prospects are looking up or holding steady in Oshawa, London, Windsor, and Hamilton, for the next month or so, according to the latest survey by the Conference Board of Canada. However, the employment picture isn’t as rosy in Toronto, … Continued
Ottawa kills Telus-Mobilicity deal
The Canadian government has sent a warning shot at Canada’s big three wireless giants, rejecting a proposed deal by Telus Corp. to buy financially troubled upstart wireless carrier Mobilicity for $380-million and signalling any further attempts by them to buy wireless spectrum … Continued
Fake Shops Hide Northern Ireland’s Struggling Economy Ahead Of G8 Summit
City councils are attempting to hide the level of economic decay suffered in some Northern Ireland towns by painting fake storefronts on closed-down businesses in anticipation of the G8 economic summit this month. Around 300,000 pounds of government funds have … Continued
Eurozone Unemployment Reaches Record High Of 12.2 Percent
LONDON — Unemployment across the 17 EU countries that use the euro is on course to hit 20 million this year, according to figures showing the jobless rate hit another record high – the latest ignominious landmark for the currency … Continued
Google’s Eric Schmidt Invests in Obama’s Big Data Brains
During the 2012 campaign, Barack Obama’s reelection team had an underappreciated asset: Google’s (GOOG) executive chairman, Eric Schmidt. He helped recruit talent, choose technology, and coach the campaign manager, Jim Messina, on the finer points of leading a large organization. “On … Continued
Here’s What American Job Creation Looked Like Under The Last 5 Presidents
Last month I posted two graphs comparing changes in public and private sector payrolls during the Bush and Obama presidencies. Several readers asked if I could add Presidents Reagan and Clinton (I’ve also added the single term of President George … Continued
Government tax chasers should worry about profits first
If something sounds too good to be true, chances are it is. A case in point is the argument making the rounds that there are vast pools of untaxed or undertaxed corporate profits floating around. If we could plug all … Continued
Germany, France, Italy Call For Plan To Combat Youth Unemployment
PARIS, May 28 (Reuters) – Europe must urgently tackle youth unemployment, the French, German and Italian governments said on Tuesday, urging action to rescue an entire generation who fear they will not find jobs. Ministers called for a mixture of … Continued
Racial Diversity Efforts Ebb for Elite Careers, Analysis Finds
HOUSTON — As a partner and chief diversity officer at Thompson & Knight, Pauline Higgins was not afraid to press the issue of hiring minorities at the 126-year-old Texas law firm. But when she left in 2008, she was replaced … Continued
Google’s Eric Schmidt: change British law and we’d pay more tax
Eric Schmidt, Google’s executive chairman, has continued to defend the company’s tax affairs, insisting it would comply with British law if it was changed and claiming to be perplexed by the debate. In a phrase less snappy than the more … Continued