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RESERVE Bank Governor Glenn Stevens says banking competition is cyclical like the global economy.

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Agriculture in India has a long history and is one of the strongholds of the economy. The sector provides employment to over 55% of the Indian workforce and accounts for 14.6% of India’s GDP, playing a crucial role in the overall socio-economic development of the country.

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On Tuesday, Richard Bernstein, Chief Executive Officer at Richard Bernstein Advisors LLC (RBA) offered bullish commentary for the broader energy sector for 2011: “if the economy is indeed beginning to enter the mid-phase of the cycle, then energy and materials stocks begin to take leadership positions. We expect both global sectors to outperform in 2011.”.

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Here comes a local infrastructure investment boom. There’s the $3.1 billion Highway 99 corridor, including the deep-bore tunnel beneath downtown Seattle; the $4.6 billion 520 bridge and approaches; the $1.9 billion university light-rail extension, and $750 million for improving passenger train capacity and speeds — even if not true high-speed rail.

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The Chinese economy released today data on the trade balance, exports and imports during the month of November, where the actual reading for the trade balance showed a surplus value of $ 22.89 billion compared to the previous reading of $27.15 billion, where as forecasts where referring to a surplus.

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Oklahoma House Republicans are divided on whether their 2011 legislative agenda should focus on the state’s struggling economy or social issues, the AP/Norman Transcript reports. Republicans will control the House, Senate and governorship for the first time in the state’s history (Murphy, AP/Norman Transcript, 12/6)…

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PHILADELPHIA–(BUSINESS WIRE)–Attendance figures are strong for American Bus Association convention coming to Philadelphia January 8-12, 2011, despite the economy.

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Washington – This week’s tax-cut compromise would contribute almost $1 trillion to the nation’s federal budget deficit over the next two years and add sharply to the mounting national debt, yet the U.S. Chamber of Commerce and mainstream economists cheered it.

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Finance Minister Brian Lenihan today claimed the country’s economy will grow slightly this year as he unveiled €6bn savings in the most draconian budget in the history of the State.

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President Obama Americans need to seize new opportunities to remain competitive with other nations

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