ECONOMY - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/ECONOMY News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) Economy in Zimbabwe takes yet another dive http://www.sltrib.com/sltrib/money/58318900-79/zimbabwe-passport-africa-percent.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58318900-79/zimbabwe-passport-africa-percent.html.csp">Economy in Zimbabwe takes yet another dive</a></h4> <span class="author vcard"><span class="fn">By FARAI MUTSAKA</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-20T16:48:02.199-06:00">Updated Aug 20, 2014 04:48PM MDT</span></h5> <div class ="entry-content">Harare, Zimbabwe • It is 4 a.m. and people are already lining up outside Zimbabwe’s main passport office — four hours ahead of opening time — in hopes of securing a passport that will allow them to escape their country’s dearth of opportunities and search for work abroad. Several million Zimbabweans left for South Africa and other countries during past economic turmoil. Now, a year after the re-election of longtime leader Robert Mugabe, the country is facing new financial hardships. Zimbabwe’s u...</div> <h5><a rel="item-license" href="#license-583189002014-08-20T16:48:02.199-06:00" id="#license-2014-08-20T16:48:02.199-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58318900@www.sltrib.com Wed, 20 Aug 2014 16:48:02 MDT Yellen to give her outlook as Fed honeymoon fades http://www.sltrib.com/sltrib/money/58317413-79/fed-yellen-rates-economy.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58317413-79/fed-yellen-rates-economy.html.csp">Yellen to give her outlook as Fed honeymoon fades</a></h4> <span class="author vcard"><span class="fn">By MARTIN CRUTSINGER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-20T11:23:01.452-06:00">Updated Aug 20, 2014 11:23AM MDT</span></h5> <div class ="entry-content">Washington • Janet Yellen has won credit for guiding the Federal Reserve’s first six months of transition from the Ben Bernanke era. Bernanke’s Fed had steered the economy through a deep crisis by slashing interest rates and restoring confidence in banks. Yellen has so far carried on his approach with barely a hiccup. She may one day recall her first six months as a too-brief honeymoon. The perilous question that now awaits Yellen’s Fed has put investors on nervous alert: Can it manage to raise ...</div> <h5><a rel="item-license" href="#license-583174132014-08-20T11:23:01.452-06:00" id="#license-2014-08-20T11:23:01.452-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58317413@www.sltrib.com Wed, 20 Aug 2014 11:23:01 MDT Drop in Russian beer sales hurts Carlsberg http://www.sltrib.com/sltrib/money/58317288-79/beer-carlsberg-percent-russia.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58317288-79/beer-carlsberg-percent-russia.html.csp">Drop in Russian beer sales hurts Carlsberg</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-08-20T10:08:02.123-06:00">Updated Aug 20, 2014 10:08AM MDT</span></h5> <div class ="entry-content">Copenhagen • Beer sales in Russia, Ukraine and other Eastern European countries are down and expected to keep falling as political tensions weigh on the region’s economy, brewer Carlsberg said Wednesday. The Danish company owns a range of brands across the world, including Baltika Breweries, based in its vast Russian market. Consumers there are drinking less due to uncertainty about the country’s economy, which some experts estimate is sliding into recession. Beer consumption dropped 7 percent i...</div> <h5><a rel="item-license" href="#license-583172882014-08-20T10:08:02.123-06:00" id="#license-2014-08-20T10:08:02.123-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58317288@www.sltrib.com Wed, 20 Aug 2014 10:08:02 MDT Argentina to pay creditors, avoid U.S. court case http://www.sltrib.com/sltrib/money/58317202-79/argentina-default-creditors-court.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58317202-79/argentina-default-creditors-court.html.csp">Argentina to pay creditors, avoid U.S. court case</a></h4> <span class="author vcard"><span class="fn">By ALMUDENA CALLATRAVA</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-20T15:30:46.953-06:00">Updated Aug 20, 2014 03:30PM MDT</span></h5> <div class ="entry-content">Buenos Aires • Argentina will make its next round of scheduled debt payments, the economy minister said Wednesday as he defended a new plan to pay creditors locally and avoid the jurisdiction of a U.S. court that forced the country into default last month. Under legislation that still must be submitted to Congress, Argentina will no longer use the Bank of New York as a trustee for about $30 billion in bonds and will service debt through its own central bank, Economy Minister Axel Kicillof said. ...</div> <h5><a rel="item-license" href="#license-583172022014-08-20T15:30:46.953-06:00" id="#license-2014-08-20T15:30:46.953-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58317202@www.sltrib.com Wed, 20 Aug 2014 15:30:46 MDT Rubin: A key ingredient for a healthy economy? Immigrants http://www.sltrib.com/sltrib/opinion/58310155-82/immigrants-economy-immigrant-reform.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58310155-82/immigrants-economy-immigrant-reform.html.csp">Rubin: A key ingredient for a healthy economy? Immigrants</a></h4>