Global Economic Crisis

The US jobs scene is quite bleak and it is likely to remain so for some time. Since the beginning of the recession 8.4 million jobs have been lost. Again, the US economy has not been performing well which is why it has not been able to create the 2.7 million jobs or so that [...]

There are quite a few encouraging signals that are emerging from the US economy which seems that it could be party time sooner rather than later. Take for instance the case of Janet Yellen, who is the president of the Fed Res Bank of SF. She has said that the US economy is quite on [...]

There are a lot of people who feel that in the light of the global financial crisis, there should be a move against megabanks in the US. This is because of the fact that the megabanks have been quite adept at spreading a lot of viruses in the global financial system which has had bad [...]

Every now and then, people express their views as to how the US economy is shaping up and also as to the pace of growth, now that it seems like the US economy is slowly emerging out of the woods and could be inching its way towards a semblance of some sort of normalcy. While [...]

There are many indicators and factors of the US economy that seem to be staging a comeback and a turnaround. The US economy may have come back from the very brink of disaster in the form of recession. But it seems as if the constituents of the US economy do not want to admit [...]

There are some indications that China is toning down its Anti-Us rhetoric. There was a time when China was flexing muscles, and also upping the ante against the US, assuming a larger than life global position and criticizing the US at every instance. Now that China is facing the heat economically and at the [...]

There are some myths about the Chinese economy which refuse to just go away. A lot people in the US seem to be harboring quite a few myths about the Chinese economy which are simply not true. For instance, some people think that the Chinese economy is already bigger than the US economy, as reveled [...]

The Treasury Secretary of the US, Tim Geithner has had talks with the Chinese vice Premier Wang Qishan recently. While currency was not mentioned directly, there seem to be some Yuan hopes in some quarters. Some people are of the belief that China will be able to allow the Yuan to appreciate amid a lot [...]

The Fed Reserve Chairman Ben Bernanke has cautioned that the US economy is still not out of the woods. There are some signs that it is indeed recovering based on various indices as well as figures and facts related to the US economy. But this is not a definite sign that the worst is [...]

The US Treasury Secretary Timothy Geithner has hailed US–India ties and has said that these ties bode well for the US economy and its fight against recession, Geithner is in India on a visit to New Delhi and he has the opinion that US-Indian ties will bring about a great deal of cooperation to create [...]