Economy Live

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...

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.

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.

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...

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....

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.

The U.S. might have taken a sigh of relief when China agreed to pursue currency flexibility and increased domestic consumption. However, this time around this is nothing but exuberance in air as China will not do it in haste at any cost. On the other.