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Latest Inflation Stories

2011-02-28 08:41:00

NEW DELHI, February 28, 2011 /PRNewswire/ -- - Progress on GST Commendable; Look Forward to Speedy Implementation - Appreciate Allocation of Rs 5000 cr to SIDBI for Refinancing Incremental Lending by Banks to MSMEs; However, Better Increase was Expected - Move to Take Rural Broadband Connectivity to all the 2.5 lakh Panchayats in the Country in Next Three Years to Provide Much-Needed Empowerment to Rural India - Emphasis on the use of...

2011-02-28 09:42:00

FORT LEE, N.J., Feb. 28, 2011 /PRNewswire/ -- The National Inflation Association (NIA) - http://inflation.us - announced in its November 5th, 2010, food price projection report that food inflation would take over as America's biggest crisis in calendar year 2011, surpassing the mortgage crisis and high unemployment, which were the top economic concerns of Americans in 2010. NIA's food price projection report received worldwide media attention including being featured by Glenn Beck on the...

2011-02-17 05:30:00

ARLINGTON, Va., Feb. 17, 2011 /PRNewswire-USNewswire/ -- The pace of wage growth in the private sector is expected to accelerate in the coming months, according to the preliminary first quarter Wage Trend Indicator(TM) (WTI) released today by BNA, a leading publisher of specialized news and information. (Logo: http://photos.prnewswire.com/prnh/20090105/56509LOGO) The WTI increased to 98.00 (second quarter 1976 = 100), up from 97.42 in the fourth quarter of 2010. If confirmed by the...

2011-02-16 23:59:00

LONDON, February 17, 2011 /PRNewswire/ -- 2010 was an outstanding year for gold, with strong demand across all sectors, the World Gold Council said today. Gold demand for the year reached a ten year high with annual demand of 3,812.2 tonnes worth approximately US$150 billion. On 9 November 2010, this demand led to a new record gold price of US$1,421.0/oz on the London PM fix. The Gold Demand Trends report sets out the key factors that drove gold demand in 2010, together with an...

2011-02-14 07:14:00

NEW YORK, Feb. 14, 2011 /PRNewswire/ -- The Deloitte Consumer Spending Index (the Index) continued to decline in January, hitting its lowest level since August 2009. The Index attempts to track consumer cash flow as an indicator of future consumer spending. "Growing weakness in real wages and a tax rate that is creeping higher offset small improvements in initial jobless claims during the month of January," said Carl Steidtmann, Deloitte's chief economist and author of the monthly Index....

2011-01-31 13:00:00

NEWARK, N.J., Jan. 31, 2011 /PRNewswire/ -- A steady rise in diesel fuel prices over the past two months, even before unrest in Egypt pushed oil prices near $100 a barrel, is raising distribution costs for retailers and manufacturers and spreading concerns that the inflationary pressure could undercut economic growth momentum, reports The Journal of Commerce. (Photo: http://photos.prnewswire.com/prnh/20110131/NY39210 ) Ship lines' bunker fuel costs have topped $500 a barrel this year,...

2011-01-27 04:51:00

BRUSSELS, Jan. 27, 2011 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for the Euro Area increased 0.8 percent in December to 107.3 (2004 = 100), following a 0.6 percent increase in November and a 0.2 percent increase in October. Said Jean-Claude Manini, The Conference Board senior economist for Europe: "December brought a further increase in the Euro Area LEI, and all components rose during the latter half of 2010. But, the index remains on a slower...

2011-01-26 09:02:00

HONG KONG, Jan. 26, 2011 /PRNewswire-Asia/ -- A global financial conference -The fourth Asian Financial Forum (AFF) ended last Tuesday in Hong Kong Convention and Exhibition Centre (HKCEC). As one of the most famous gold brokers, HXPM Gold was invited to the forum. (Photo: http://photos.prnewswire.com/prnh/20110126/CN36546 ) Jointly organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council, AFF was held on Jan.17 and Jan.18, 2011. The...

2011-01-26 07:50:00

FORT LEE, N.J., Jan. 26, 2011 /PRNewswire/ -- President Obama's State of the Union address last night did not make one single mention of inflation, when it is the belief of the National Inflation Association - http://inflation.us - that massive price inflation (especially food inflation) will become America's top crisis by the end of this calendar year. Obama's speech also failed to mention the Federal Reserve, the Federal Funds Rate being held near 0% for over two years, and the Fed's...

2011-01-26 07:00:00

NEW YORK and LONDON, Jan. 26, 2011 /PRNewswire/ -- The gold price rose for the tenth consecutive year in 2010 reaching US$1,405.50/oz by the end of December on the London PM fix, a 29 percent increase from last year's levels. According to the World Gold Council (WGC), which today released its Gold Investment Digest for the fourth quarter and full-year 2010, last year's price performance was driven by developments in key gold markets. China saw increased investment activity, driven in part...


Latest Inflation Reference Libraries

6_702981515d3a0633aa71150cbf2d7a4d2
2004-10-19 04:45:41

Quintessence (Dark Energy) -- Quintessence or dark energy is a hypothetical form of energy postulated to exist in order to explain observations of an accelerating universe. This energy would act like a vacuum pressure, pushing things apart. Other attempts to explain these recent observations involve a non-zero cosmological constant, which has the same effect. Indeed, sometimes quintessence is said to result in a non-zero cosmological constant, and conversely a non-zero cosmological...

6_60c162484c1943aae138f09b8da030e94
2004-10-19 04:45:41

Cosmological Constant -- The cosmological constant (usually denoted by the Greek capital letter lambda: Λ) is a value occurring in Einstein's theory of general relativity. The units of Λ are 1/second2; its value is unknown but believed to be positive based on recent observations. The constant is proportional to the energy density of the vacuum ρ, where π is Pi, G is the gravitational constant and c is the speed of light in vacuum. The term can be postive, negative, or...

6_5daa7ca55793bcf9bd03dd45c1a97f4f2
2004-10-19 04:45:41

Inflation -- Inflation is the idea - first proposed by Alan Guth (1981) - that the nascent universe passed through a phase of exponential expansion that was driven by a negative vacuum energy density (positive vacuum pressure). This expansion can be modelled by a non-zero cosmological constant. As a direct consequence of this expansion, all of the observable universe is posited to have originated in a small, initially causally-connected region. Quantum fluctuations in this microscopic...

6_8a4f7f5ee46b1deaa6cadfd732d2b1172
2004-10-19 04:45:41

Accelerating universe -- In the late 1990s, observations of type I supernova produced the unexpected result that the expansion of the universe appears to be accelerating. These observations appear more firm as new data has appeared. This means that the speed with which a distant galaxy recedes from us increases over time. If this trend continues, eventually we won't be able to see any other galaxies any more. This new theory of the end of the Universe has been called the Big Rip....

2_7b2d00975ae3d143d38faa72be2951362
2004-10-19 04:45:40

Wilkinson Microwave Anisotropy Probe (WMAP) -- The Wilkinson Microwave Anisotropy Probe (WMAP) was launched on June 30, 2001 at 3:46 p.m. EDT at Cape Canaveral Air Force Station, Florida, USA. The goal of WMAP was to map out minute differences in the Cosmic Microwave Background (CMB) radiation which would help test theories of the nature of the universe. On February 11, 2003, the public relations group from NASA made a press release regarding the age and composition of the universe....

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Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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