Wednesday, 23 May 2012
News with tag Bloomberg
German Industrial Output Declined More Than Forecast in February

05.04.2012 12:30   2847762 views  0 comments
From: article.wn.com


German industrial output fell more than economists forecast in February as cold weather kept workers off construction sites. Production (GRIPIMOM) decreased 1.3 percent from January, when it rose a revised 1.2 percent, the Economy Ministry in Berlin said today. Economists forecast a drop of 0.5 percent after a previously reported gain of 1.6 percent in January, the median of 37 estimates in a Bloomberg News survey showed. In the year, production fell 1 percent when adjusted for working days. “It was a freezing February, so a drop is a one-off... Czytaj więcej »

Obama Can't Stop Scapegoating Big Oil

05.04.2012 4:54   5561027 views  0 comments
From: www.realclearpolitics.com


Caroline Baum, Bloomberg
Caroline Baum, a columnist for Bloomberg News since 1998, is the author of "Just What I Said: Bloomberg Economics Columnist Takes on Bonds, Banks, Budgets and Bubbles."Barack Obama isn't the first U.S. president to conjure up scapegoats to serve his political ends. The Roosevelts, both Teddy and Franklin, were masters at the game. TR decided the trusts were an enemy of the people and busted the likes of Standard Oil and Northern Securities, which controlled the railroads in the northwest. FDR demonized just about anyone who had money. Harry Truman seized the steel companies to... Czytaj więcej »

New York: 2014 Nissan NV200 Taxi brings convenience, comfort, safety and homeliness to Gotham

04.04.2012 17:45   10005512 views  0 comments
From: www.autoblog.com


Filed under: , , , ,

2014 Nissan NV200 Taxi debuts live at New York Auto Show

Attendees at the New York Auto Show are getting their first hands-on look at the all-new 2014 Nissan NV200, the New York City Taxi and Limousine Commission's choice to replace much of its taxi fleet beginning in late 2013. "The Nissan NV 200 unveiled today will be the safest, most comfortable and most convenient taxi the City has ever had," said New York City Mayor Michael R. Bloomberg at a pre-show event last night. "New York City cabs have always been iconic, and now they will set a new standard. The 600,000 passengers who use taxis to get around every day deserve the cutting-edge technology and top-of-the-line safety features that this model delivers."

The compact front-wheel drive yellow vans, fitted with a 2.0-liter four-cylinder for fuel efficiency, are loaded with features designed to keep four passengers and the driver on the other side of the partition smiling. Grab handles and sliding doors ease entry while a transparent roof panel and independently controlled rear air conditioning allows paying fares a comfortable, panoramic view of the city. Throw in mobile charging stations, antimicrobial upholstery and active carbon headliner to absorb odors, and an amusingly named "low annoyance horn" and Nissan just may have a winner on its hands - assuming cab companies and their fares embrace the rather frumpy looking things.

Nissan will build its 2014 NV200 Taxi in Cuernavaca, Mexico. Base price, with all planned standard features, will be approximately $29,700.

Continue reading 2014 Nissan NV200 Taxi brings convenience, comfort, safety and homeliness to Gotham

2014 Nissan NV200 Taxi brings convenience, comfort, safety and homeliness to Gotham originally appeared on Autoblog on Wed, 04 Apr 2012 11:45:00 EST. Please see our terms for use of feeds.

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ECB Keeps Rate at 1% as Economy Shrinks, Price Risks Grow

04.04.2012 14:14   4622413 views  0 comments
From: article.wn.com


The European Central Bank left interest rates unchanged as policy makers balance the threat of inflation in Germany against the need to fight the sovereign debt crisis. ECB officials meeting in Frankfurt today kept the benchmark rate at a record low of 1 percent, as predicted by all 57 economists in a Bloomberg News survey. President Mario Draghi holds a press conference at a 2:30 p.m. While nations from Greece to Spain are battling recessions and record unemployment, workers in Germany are winning some of the biggest pay increases in 20 years, widening the gaps between Europe’s largest economy and its euro-area peers. Draghi warned in March of “upside risks” to inflation and started talking... Czytaj więcej »

German Factory Orders Increased Less Than Forecast in February

04.04.2012 12:32   4553453 views  0 comments
From: article.wn.com


German factory orders increased less than economists forecast in February as countries outside the euro region barely offset a drop in European demand. Orders (GRIORTMM), adjusted for seasonal swings and inflation, increased 0.3 percent from January, when they fell a revised 1.8 percent, the Economy Ministry in Berlin said today. Economists forecast a gain of 1.5 percent, according to the median of 35 estimates in a Bloomberg News survey. From a year ago, orders dropped 6.1 percent when adjusted for work days. Germany’s economy, Europe’s... Czytaj więcej »

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