Kevin Mullin, R- Rutland and chairman of the Senate committee that drafted the bill, said during Senate debate. The Senate Economic Development, Housing and General Affairs Committee had proposed reducing the lowest wage a company could pay and still be eligible for tax credits under the Vermont Economic Growth Initiative from 160 percent of the state minimum...» Read More
*Saudi Arabia's finance minister says state to keep spending. *UAE companies buy back cheap shares. DUBAI, Dec 18- Stock markets in Saudi Arabia and the United Arab Emirates soared on Thursday after the price of oil rebounded and the Riyadh government eased investors' fears by saying it would continue spending heavily on economic development.
Matt Jamieson, Head of APAC Research, Corporate Ratings Group at Fitch Ratings thinks the housing, cement and steel industries will benefit the most from China's economic transition.
Nicaragua's congress has passed bill granting a little-known Chinese tycoon the exclusive right to develop a multibillion-dollar rival to the Panama Canal.
Mohamed Beavogui, Director of the Partnership and Resource Mobilization Office at the International Fund for Agricultural Development, discusses why Africa's agricultural and economic potential is attracting attention.
Joe Studwell, author of How Asia Works, explains why Asia is "an extraordinary laboratory of success and failures" in development strategy and says south-east Asia "got it all wrong".
The Mortgage Bankers Association reported applications for new mortgages fell 4.7 percent from the week before, with CNBC's Diana Olick.
Edwin Feulner, President, Heritage Foundation says developments from nations world over on the 'Economic Freedom' front have slowed over the past year.
Iwan Azis, Head of Office of Regional Economic Integration, Asian Development Bank doesn't think the ASEAN economic community will meet all its targets by 2015, but stresses the significance of the community-building consensus in the bloc.