European Commission Admits Recession To Continue Through 2013

European Commission officials finally admitted what economists have been saying for months: the recession across the eurozone will continue through 2013.

The Commission said the eurozone’s economy is expected to shrink .3% during 2013. The Commission has been holding to a previous published report that the eurozone would see .1% growth during the year. The economy shrank .6% during 2012. Continue reading

Kansas; Missouri Declare State of Emergency Due To Storm

Kansas and Missouri are under a State of Emergency declaration due to a massive winter storm that has dumped snow and ice throughout the midwest.

Kansas has closed Interstate 70 from Salina to Hayes and Interstate 35 from Emporia to Olathe. The governor has asked residents to stay off the roadways until the end of the storm and has shut all state offices through at least Friday morning. Kansas City International Airport closed Thursday morning after reaching 5 inches of snow. Continue reading