Recently the U.S. treasury secretary T. Geithner urged his foreign counterparts from the G-20 nations in a very vague and blunt terms that the G20 nations should not expect the Americans to buy the exports that the rest of the world throws upon them. This was given as a warning to the finance ministers in [...]
The National Security Strategy was released on Thursday amid the uncertainty of the U.S. economy going in to another recession. The National Security Strategy misses the fact that the country is still not certain of achieving the full growth that it expected and the growth speed has been less than anticipated. With the environment of [...]
The 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 [...]
The 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 [...]
The 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 [...]
The 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 [...]
The 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 [...]
The treasury Secretary of State Mr. Timothy F. Geithner has assured the United States Government that the European Managing Crisis will not affect the U.S. economy and it is effectively stiff to withstand any fall out. The trust that is shown by the treasury secretary on the effective management of the European turmoil is very [...]
GE (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 [...]
There are a lot of folks who had been waiting and watching for quite some time for some encouraging signs from the US economy. It seems like these people will have something to cheer about, even as they wait to see concrete proof of this. Prima facie however, the news that is emanating from the [...]
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