Last week The Economist conducted an online debate on the question “Do multinational corporations have a duty to maintain a strong presence in their home countries?” After a very intense written debate between Harry Moser, former president of GF AgieCharmilles and founder of the Reshoring Initiative, and Jagdish Bhagwati, professor of economics and law at Columbia University, the vote was 54 percent “yes” and 46 percent “no.”

              

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SAN DIEGO (CNS) - San Diego's housing prices increased 0.9 percent between October and November and rose 8 percent since November 2011, according to the Standard and Poor's Case-Shiller Home Price Indices released Tuesday.

The annual jump was well above the national average of the nation's 20 largest real estate markets. The prices climbed at a faster rate for the year in only six other metropolitan areas.

              

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For over 150 years, California was the land of opportunity – the Golden State. It was part of the last frontier of westward expansion of the United States. People emigrated to California from other states and territories, and people immigrated to California from other countries to pursue the American Dream.

              

SAN DIEGO (CNS) - The unemployment rate in San Diego County was 8.1 percent last month, down from a revised 8.4 percent in November and well below the 9 percent figure from December 2011, the state Employment Development Department announced Friday.

That compares with unemployment rates of 9.7 percent in California and 7.6 percent nationwide. Those figures are not seasonally adjusted.

              

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