Economics, Finance and Information Technology

Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.

Thursday, 19 December 2013

U.S. Budget bill

Senate passes budget deal, President Obama is set to sign a two-year $1.01T budget bill into law after the Senate passed the legislation yesterday by 64-36. However, now the fight starts in the Senate and House Appropriations committees about how to spend the money, with one flashpoint sure to be funding for Obamacare. Congress has until January 15 to resolve any differences in order to avert another partial government shutdown.

Source: Seeking Alpha

Thursday, 19 December 2013

U.S. Budget bill

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