Friday, December 28, 2012
2013 Tech Predictions: #1 Tablet Revolution
Dec. 28 (Bloomberg) -- Stanford Law School Fellow Vivek Wadhwa discusses his tech predictions for 2013. He speaks with Jon Erlichman on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
Storm causes record snowfall in Montreal
Published on Dec 28, 2012
http://www.euronews.com/ There has been record-breaking snowfall in Montreal as blizzards continue to batter North America.
At least 45 centimetres fell on Thursday, beating the high of 41 centimetres in March 1971.
....At least 45 centimetres fell on Thursday, beating the high of 41 centimetres in March 1971.
Recession fears stalk France
Published on Dec 28, 2012
http://www.euronews.com/ France's Q3 figures are in, and they are grim reading for policymakers in Paris, as they show a third quarter of almost no growth, 0.1%, which means France is flirting with recession.
On top of bad unemployment figures it means the government has some nasty numbers to grapple with in the new year. A stagnating economy means government forecasts for 0.8% growth in 2013, already aenemic, now look optimistic, and the budget is based on this figure. Miss the growth, and more cuts or tax rises will have to come.
Individual's spending power dropped 0.2% in the third quarter too, so the prospects for a Christmas retail boost look bleak.
On top of bad unemployment figures it means the government has some nasty numbers to grapple with in the new year. A stagnating economy means government forecasts for 0.8% growth in 2013, already aenemic, now look optimistic, and the budget is based on this figure. Miss the growth, and more cuts or tax rises will have to come.
Individual's spending power dropped 0.2% in the third quarter too, so the prospects for a Christmas retail boost look bleak.
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