Archive for August 6th, 2011

The PE: Economy: Fear factor strong in Inland area

06:37 PM PDT on Friday, August 5, 2011

The Press-Enterprise

Talk about whether the country could be facing a second recession has many in Inland Southern California worried, especially because the effects of the first one never went away.

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The PE: ESRI lands $240 million defense contract

06:35 PM PDT on Friday, August 5, 2011

The Press-Enterprise

Redlands-based Environmental System Research Institute has won a $240 million federal contract to purchase licenses and agreements for a Distributed Common Ground System for the U.S. Army.

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LATimes: China demands U.S. ‘live within its means’

The largest foreign holder of U.S. treasuries responds to the S&P downgrading by calling for decreases in U.S. military outlays and social spending.

By David Pierson Los Angeles Times Staff Writer
August 6, 2011, 1:52 a.m.

Reporting from Beijing— China called on the United States to “cure its addiction to debts” and “learn to live within its means” in a searing commentary published Saturday by the official New China News Agency in response to Standard & Poor’s historic downgrading of the U.S. government’s credit rating a day earlier.

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