Figures based on IMF 2011 projections in World Economic Outlook: Slowing Growth, Rising Risks, published September 2011. FRANCE – French President Nicolas Sarkozy (as translated): “The plan adopted last Thursday, unanimously by all 17 members of the eurozone, is the only possible to resolve the Greek debt problem.” Debt/G.D.P.: 86.9% Unemployment, 2011: 9.5% S & […]
NBA Imposes Player Lockout, Putting 2011-12 Season in Jeopardy
Posted July 1st, 2011 at 5:40 am (UTC-5)
The National Basketball League has formally locked out its players after they failed to reach an agreement with the owners on a new collective bargaining agreement. The lockout took effect early Friday morning when the previous labor deal expired. NBA owners announced the lockout hours earlier on Thursday, after a three-hour bargaining session in New […]
