The proposed European Union laws on cross-border trade are expected to inflict significant damage on online sales and it may cause legal chaos. UK business sphere in particular are very much concerned of this development. For some smaller companies that rely on internet sales, the laws will make it [...]
Posts Tagged ‘Economy’
June 28th, 2012 - 11:01 am § in News Of Economy
EU laws likely to hurt online trade and small businesses
June 15th, 2012 - 10:40 am § in News Of Economy
Rising inflation leaves Zimbabwe Economy in tatters
Zimbabwe’s economy and standard of living is degrading uninterruptedly. Prices of basic items like meat, cooking oil and clothes had risen 223 percent. The economy of the country damaged by hyperinflation is finding it hard to pay its employees. Hyperinflation reached a record annual rate of 1[...]
February 4th, 2012 - 6:43 am § in News Of Economy
House prices in UK to drop by 10% next year
The sub-prime rate crisis in the US has plunged its housing sector to an unprecedented crisis. The mortgage market difficulties is set to trigger a global effect with David Miles, the chief UK economist of Morgan Stanley warning the UK government that the housing prices in the country will plummet b[...]
January 25th, 2012 - 6:36 am § in News Of Economy
US – Huge job loses put recession in focus
This is certainly a bad news for the whole world as employers in the U.S cut the most workers in five years last months. According to the Labor department in U.S, employment fell by 80,000 jobs in March 2008. So it is the lay offs in five years. Some economists have now convinced that the [...][...]
January 21st, 2012 - 1:22 pm § in News Of Economy
Dollar decline: Symbol of hegemony to shunned currency
Is the world’s totemic currency fast loosing its hegemony? That the dollar is fast loosing its glitter has come forward in a recent online poll by the Wall Street Journal asking people which currency they would prefer to be paid in. The euro came on top, followed by the sterling, the Canadian [...]