News

As Jobs Reports Show Growth, Economists Present Divergent Visions of the Recovery's Future; Is Washington Listening?

Economists agree the current labor recovery is creating some jobs, but disagree as to which groups will benefit the most -- and what American society will end up looking like -- as a result. Their disagreements are full of useful insight that could be the base for future policies, if only policymakers were listening.

Kirkjubæjarklaustur: Interesting Facts About Iceland’s Important Service Village

Tucked away in the south of Iceland is a village called Kirkjubæjarklaustur with approximately 120 people. Often called Klaustur for short, Kirkjubæjarklaustur is located between Vík and Höfn and it offers services such in banking, post office, supermarket and a fuel station.

UAE Real Estate Developers ALDAR, Sorouh Eye State-backed Merger

Abu Dhabi's Aldar Properties, rescued twice by the government with bailouts totaling $10 billion amid a property slump, may merge with local rival Sorouh Real Estate in a state-backed tie-up, the two firms said on Sunday.