Posts Tagged ‘deficit’

President Obama Announces A $1.75 Trillion Deficit And A $3.6 Trillion Budget

President Obama estimates a deficit of $1.75 trillion, equal to 12.3 percent of U.S. gross domestic product. He also delivered a $3.6 Trillion Budget Blueprint.

“We Will Recover”: President Obama On The Economy

President Barack Obama gathered politicians and public last night to talk about how to avert the worst economic disaster in since the depression through his plan to improve health care, schools and the environment.

Hong Kong Ecological Footprint is Twice as Large as China’s

A startling new WWF study has revealed that people living in Hong Kong currently use twice as many resources as residents in China, more than double the sustainable level.

To feed the vibrant city’s massive demand for natural resources, and absorb the CO2 emitted, residents need an area of land and sea larger than 250 Hong Kong’s, an incredible seven-fold increase since 1965.

According to Mathis Wackernagel, Executive Director of the Global Footprint Network, “Although small geographically, Hong Kong not only has significant resource demands, but it also has an over-proportional influence on the world.

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