_Economy and Finance

Eco Analysis - Canada GDP: Energy sector lifts August growth (R. Narvas) ■ Better than expected Economic activity in August surprised to the upside rising 0.3%m/m and there was an added bonus with the previous month revised one tick higher to 0.4% m/m. GDP Y/Y rose to 2.4% from 2.3%.

Gross Says Additional Easing Programs to Push Yields Higher By Liz Capo McCormick - 2011.10.31 06:28 AM Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., said the additional easing programs hinted at by Federal Reserve officials will push yields on longer-term Treasuries higher.

Home prices heading for triple-dip By Les Christie October 31, 2011: 5:37 AM ET NEW YORK (CNNMoney) -- The besieged housing market has even further to fall before home prices really hit rock bottom.

'Lost Decades' explains what damaged the U.S. economy By Jon Rosen, Special for USA TODAY Though the panic of collapsing markets is now behind us, Americans are experiencing a weak, painful recovery compounded by mounting public and private debt.

Why zombies are taking over the economy Have you noticed that there's a slow, shuffling feeling of dread and impending doom in this economy?

Office Market Frankfurt - Q3 2011 At 316,300 sq m, the Frankfurt office space take-up in the first three quarters was 13% lower than in the previous year. Compared to the previous year, when the space take-up volume was strongly influenced by the owner-occupied take-up by the European Central Bank, this result can be seen as robust.Without the ECB take-up, the growth in take-up would in fact have been at a satisfactory 22%. The vacancy rate rose slightly compared to the previous quarter by 0.2% points to its current level of 17.3%. With 12,700 sq m office space having been completed in the third quarter, the volume of new completions is at its lowest level for three years. The achievable prime rent remained stable at €38.00/sq m/month. Author(s): several Source: CB Richard Ellis Published: 27.10.2011 http://www.immopro24.com/market-report/office-market-frankfurt-q3-2011_1080.html

Five ways the European debt crisis could affect the U.S. By Richard Wolf, USA TODAY WASHINGTON – The financial crisis that began in the United States in late 2007 swept across the Atlantic Ocean to Europe. Now, U.S. political and financial leaders are hoping a tentative deal to relieve Europe's government debt crisis will prevent a similar tsunami in reverse.