Nariman Behravesh, chief economist of IHS Global Insight, talks to Steve Inskeep about his economic forecasts for 2013. Among his predictions: the U.S. recovery will gradually pick up steam. Unless it falls off a cliff — then a recession will probably be unavoidable.
Originally published on Mon December 24, 2012 6:37 am
By Lauren Frayer
In Spain, entrepreneurship is largely a high-class hobby. Family money and connections have long been the best indicators of small business' success. A recent World Bank report ranked Spain lower than Bangladesh and Afghanistan on the ease of starting a business. Now Spain's ruling conservatives want to change that.
Among the candidates President Obama may nominate for the next defense secretary is Michele Flournoy, formerly the highest-ranking woman in the Pentagon.
Flournoy is a mother of three, and in February, she stunned her colleagues when she stepped down from her job as undersecretary of defense for policy to spend more time with her children.
It wasn't an easy decision, but it's a dilemma that many working mothers face. While some call for changes in workplace policy to make caring for families and working easier, others argue women ultimately have to make a choice.
All over India, an unusual name has been popping up on signs in restaurants and businesses: Hitler.
Yes, Hitler. As in Adolph. Just last year there was even a Punjabi movie called Hero Hitler in Love.
To understand why a name generally associated with mass murder is turning up on storefronts around the country, reporter David Shaftel investigated and wrote about it in a recent issue of Bloomberg Businessweek.
If there's one common language that some recent immigrants in Dayton, Ohio, seem to share, it's soccer.
The first Dayton World Soccer Games kicked off earlier this year, an initiative hosted by the city to welcome an influx of immigrants. On the field, a rainbow of brightly colored jerseys represented nearly 20 of the different immigrant communities in the city.
"I've been really surprised to see that there's a lot of soccer going on in Dayton," says Adolphe Bizwinayo, who left Rwanda as a refugee.
An entrepreneur says he's got a plan to curb urban blight in parts of Detroit. He's buying up acre after acre of abandoned lots and planting thousands of trees. But where backers of the plan see a visionary proposal, critics see a land grab.
Entrepreneur and Detroiter John Hantz, owner of Hantz Farms and the tree-planting effort called Hantz Woodlands, wants to plant at least 15,000 trees on about 140 acres. Hantz promises to clear out all the trash and keep the grass cut, things the city cannot afford to do now.
There are two positive economic signals to pass along this morning:
-- The Census Bureau says orders for durable goods rose 0.7 percent in November from October. That follows a 1.1 percent rise in October from September and is the sixth increase in the past seven months.