Drop in Unemployment Likely to be “Frustratingly Slow”

by AlgosysFx | July 18, 2012 8:30 am
Unemployment in the US is pulling down the largest economy in the world. In June, the jobless rate was untouched at 8.2 percent, with 80,000 jobs added, figures from the Labor Department showed. Growth in private payrolls...

Europe: Cause of the Looming Global Economic Dilemma

by AlgosysFx | July 17, 2012 8:53 am
The International Monetary Fund has stepped up its warnings on risks to the global economy, especially from Europe, as it trimmed its growth forecast for the rest of the year.