Archive for the ‘WORLD’ Category

Health-care Decisions on Hold

Finance executives waited anxiously this past summer for the Supreme Court’s ruling on the Affordable Care Act (ACA). But months after the law was ruled constitutional, uncertainty still reigns. Companies are still trying to figure what the costs of complying with the ACA will be. Some are studying whether it makes sense to discontinue health benefits […]

UK trade deficit narrows in July as oil exports rise

The UK’s trade deficit narrowed in July, led by an increase in oil exports to the European Union. The deficit in July totalled £1.5bn, compared with £4.3bn in June, the official figures showed. Exports of goods rose 9% to £25.8bn, while imports shed 2.1% to £32.9bn. For services, exports fell 0.9% to £15.6bn, while imports […]

The American Economy: Comeback Kid

Almost the only thing on which Barack Obama and Mitt Romney, his Republican challenger, agree is that the economy is in a bad way. Unemployment is stuck above 8% and growth probably slipped below an annualised 2% in the first half of this year. Ahead lie the threats of a euro break-up, a slowdown in […]