The United States of America may be regarded as the prized land with opportunities galore for the ambitious men and women but recent economic facts have thrown some critical issues out in the open that might change the mindset of the rest of the...
Tag - Business
French President Nicholas Sarkozy has announced a new policy proposing the ban of advertisements from the public television and compensating for the lost revenue by taxing new tele-communicative means, such as the internet and mobile phones....
The US sub prime mortgage market crisis has trapped all major financial investors into its snare. After the Citigroup, Goldman Sachs it is now time for Morgan Stanley to show its weakness. First time in the investment bank's 72-year history, Morgan...
President George W Bush presented his last budget to the nation. This is President Bush’s signature budget with the chunk of the spending being earmarked for the military in carrying out the President's pet campaign against terrorism. The $3.1...
The US economic growth is all set to slow down during the first half of 2008, as the possibility of a recession is increasingly becoming likely. This has been the projection made by a large number of economists surveyed by Blue Chip. The US economy...
US economic slowdown seems to have finally hit China. China’s trade surplus unexpectedly experienced a sharp fall in February. This sudden fall was not expected given the 48% record growth in the country’s trade surplus in 2007. The gap between...
Almost all of the developed nations currently are under the impact of recession of some kind or the other. And this has entailed a predominant effect on the people who exist under the identified category of a minority.
This has been a very evident...
The Organization for Economic Cooperation and Development (OECD) had earlier warned that the Japanese economy was heading for a slow down. Proving their apprehension correct, the economic data for February shows that Japan’s unemployment rate rose...
After the US financial institutions created a sub-prime lending mess by giving easy loans to unscrupulous borrowers that resulted in a credit crunch sliding the economy into recession, discussions are now underway on how to stem the current crisis. The...
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...
In the wake of OPEC ministers coming to a decision related to increased gasoline production, the gas prices have gone up again. Consumer inflation went up steeply back in November and managed to hit a record high.
The rising gas prices hit the...
In his final State of the Union address, President George W Bush has finally acknowledged that the US economy is in rather poor shape. President Bush’s address was significant in more than one way, besides being his last such Presidential address...
While the Bush administration is concerned about the wellbeing of the citizens in foreign lands and is quick to send troops to Iraq and Afghanistan to salvage the citizens of those countries from tyrants, when it comes to its own people President Bush...
The severe credit crunch that several of the world’s economies are facing has already led to some hard decisions. Already hundreds of thousands of people have lost jobs as companies try to make up for lost profitability by cutting costs and...
The current economic situation of the world seems to be iterating the fact that the new world is now recognizing the capabilities and potentials of the third world countries and economies which are replete with the essentials like manpower and creativity...
Instablogs Club
Fresh Comments