Global Economic Crisis

ShareThe stock markets the world over are taking a beating. They are on a roller coaster with constant variations in the stock’s value.
The American Dow Jones fell by about 300 points in one day, making it the biggest drop since two years in a single day. This is expected to continue with the debt crises [...]

ShareThe recent Greece Economic crisis and the European meltdown has suddenly made the ministers of Ireland happy. It has welcomed the fall of the European economy with open hands sectretly. The lingering Irish economy will benefit from this fall by an increase in exports along with trade in general and additional revenue through tourism. The [...]

ShareThe U.S. stocks fell to the lowest in 3 months with the uneasiness going on in Europe over their scheduled resurrection of the European economy. Many analysts debates that the U.S. economy is not strong enough right now to avoid another fall is another reason that the U.S. stocks are on a downward spiral.
Many prominent [...]

ShareThe Chinese stocks fell to their lowest yesterday, dragging the country’s Benchmark index to the lowest level in more than a year. This recent fall is mainly because of the U.S. economy’s sluggish growth and the European Debt crisis along with the added pressure of Chinese tightening of its business policies.
Many of the nation’s largest [...]

ShareThe global economy is a great web of inter connected climbers trying to climb a mountain. If one falls, the others feel the pull and some weaker ones let go and fall to economic crisis themselves. A major financial crisis in one country will be no easily contained and will have its effect on foreign [...]

ShareGE (General Electric) is known for the fact that it is a well diversified conglomerate that caters to companies as well as consumers. Now the company’s CEO Jeff Immelt has said that the recovery of the company in the US will be driven more by business investment and less by consumers. As you may be [...]

ShareThere are going to be mid-term elections in the US in November. This means that the Prez will now embark on a campaign style tour of the Mid-West where the focus will be on jobs as well as other aspects like the US economy. This is quite understandable and at the same time, there have [...]

ShareDebit cards have become a big part of our everyday lives. We use it to buy cups of coffee in the morning, put gas in our car, even purchase a .30 cent pack of gum. We have even started using prepaid debit cards which makes debits cards open to move people. The increase in use [...]

ShareThe US economy is speeding towards recovery, which is an encouraging and also heartening sign. It seems now that consumer spending may have effectively spurred on the growth in the first quarter. This bodes well for US economy growth in 2010. Senior economists are also saying that the other pillar of the US economy [...]

ShareThe US Economy is back on a roll, and this is something that even many of its staunchest critics will have to aver. In addition to this, it seems as if the US Economy is rebounding and recovering faster than many of its rivals in the world stage. Till now the manufacturing sector had been [...]