Tuesday, 12 April 2011


China posts quarterly trade deficit: For the first time in seven years, China reported a quarterly trade deficit, as imports soared to an all-time high.

IMF urges US to address debt now; It said that slack domestic demand, high unemployment and still-depressed housing prices will continue to dog the world's largest economy, and that the huge government deficit will limit its ability to address those problems.

Idaho Republicans ‘run amok’, sue taxpayers for $100K: Republicans in the Idaho state legislature rushed a bill through in the final days of the legislative session to pay the Idaho Republican Party $100,000 in attorney's fees and legal costs for a primary election lawsuit that it brought against the state and won. 81% of the Republicans in the Legislature are also members of the Idaho Republican Party.