economic recession
December 4, 2009 - 9:41am | Analytics | News
|
|
Excess
liquidity in global markets is driving up prices of farm commodities, which
could be potentially dangerous in the near term, World Bank President Robert
Zoellick said on Friday.
With global
interest rates at historic lows, investors are piling into different markets
and asset classes in search of higher returns, raising concerns about possible
asset bubbles. |
0 points
November 18, 2009 - 12:04pm | Analytics | News
|
|
Weaning the global economy off its reliance on
U.S. consumers will help rebalance growth and support attempts to bring down
unemployment, U.S. Treasury Secretary Timothy Geithner said Tuesday.
"Moving from a global economy based on U.S.
demand to one based on global demand is critical to our domestic efforts to
reduce unemployment and increase the wages of middle-class Americans,"
Geithner told the Senate Foreign Relations Committee. |
0 points
November 17, 2009 - 4:53am | Figures | News
|
|
Even after a year of recession, for some consumers ‘tis the season for a
rise in spending. A new survey from American Express reports that 10 percent of
consumers actually intend to open their wallets and spend more on holiday gifts
relative to last year and 43 percent plan to spend about the same. In the next
30 days, more than one in five U.S. consumers (22%) expect to spend more when
compared to the last 30 day period. |
0 points
October 14, 2009 - 8:13am | Figures | News
|
|
 According to Mintel Comperemedia’s study results, about 75% of adults are planning to come back to school this fall, aiming to increase their financial know-how in terms of the current economic recession.
Meantime, 32% have already done this, while 43% intends to learn more about financial topics in the future.
|
0 points
September 16, 2009 - 9:10am | Figures | News
|
|
Having recognized the gravity of current economic crisis, teenagers globally cut their clothes, games and food expenses, Habbo Hotel’s survey of 61,000 teenagers in more than 30 countries found.
Thus, about 30% of teens throughout the world are getting less money from their parents, with more than half of youngsters getting less to spend in the US, Spain and Latin America.
|
0 points
August 17, 2009 - 5:10am | Analytics | News
|
|
Kendra Trahan of Winter Garden, Fla hired a personal marketing service, ITS of Denver, Colo., to develop a job-search business plan and refresh her resume. She worked out, thus, Smart Woman's Guide describing four easy steps to get hired.
Trahan considers that getting the job in the terms of economic crisis is not impossible. She believes there are openings out there, and the search for top talent is ongoing. |
0 points
August 14, 2009 - 2:55am | Figures | News
|
|
According to data released Thursday by the Administrative Office of the US Courts. US bankruptcies increased considerably, growing by 35% during 12 months period ended June 30. That happened as the financial crisis affected families harder than companies.
Thus, between July 2008 and June 2009 around 1.3 million bankruptcy filings were made in American courts, compared to 968,000 during the previous year period. |
-1 points
June 25, 2009 - 2:54am | Analytics | News
|
|
World powers continue raising questions around the international reserve currency and on Wednesday Chinese Foreign Minister Yang Jiechi noted that the nations need to understand that the top reserve currencies should be kept stable.
"Countries across the world have suffered heavy losses from the ongoing global financial crisis and economic recession," Yang told a U.N. General Assembly meeting on the economic crisis and its impact on the developing world.
|
0 points
June 24, 2009 - 5:53am | Figures | News
|
|
The research, conducted by Experian forecasts that online spending is to rescue Britain's retail sector from recession, with sales over the Internet set to more than double to 21.3 billion pounds ($35.1 billion) by the end of 2011.
The study, commissioned by PayPal, predicts total retail sales to grow by just 0.2% for the period of 2008 to 2011. As Carl Scheible, managing director of PayPal UK, stated “The value of online retail can no longer be dismissed as a sideshow”.
|
1 point
June 12, 2009 - 7:05am | Banks and internet banks | News
|
|
As the Bank of England stated on Friday, more than 10% of British households may have fallen into negative equity, like mid-1990s level.
BoE measured between 700,000 and 1.1 million homes were in negative equity in the first quarter of 2009. So, homeowners owe more on their outstanding mortgage than their property is worth.
|
1 point
June 9, 2009 - 8:02am | Analytics | News
|
|
Christina Romer, chairwoman of the president's Council of Economic Advisers, said Monday that, even if economy would start growing, she thought, economic recession would last until employment starts to pick up. As she said, the recession “won't be over until actually we have the unemployment rate back down to a more normal level, like 5% rather than 9.4%." After a speech she added, that it would take much time for recession being over.
|
0 points
May 29, 2009 - 8:19am | Investment industry | News
|
|
Top fund managers confessed the fact of their several mistakes in managing funds during current economic recession. They had missed buying opportunities and have been late to sell certain funds by their own admission at Morningstar Inc.’s annual investment conference in Chicago city. |
0 points
May 27, 2009 - 4:51am | Figures | News
|
|
The American Institute for Economic Research (AIER) on Tuesday released the results of its research, that showed that tax revenue fell by $138 billion, or 34%, in April, compared to the year ago figures. Kerry Lynch, senior fellow at the AIER and author of the study, considers that tax revenue recession is the result of the economic collapse. Thus, for instance, during the period of one year, ended in April 2009, about 6 million people lost their jobs, causing the tax revenue income to drop by 44%. |
0 points
May 26, 2009 - 6:47am | Analytics | News
|
|
The US saving rates increased to 5% of income and could be higher later, according to David M. Smick, a global financial strategist. Total personal savings have risen from $20 billion in the first quarter of 2008 to $453 billion during the same period of 2009. David M. Smick is afraid of increase of saving rates to 7 or 8%. In that case as he believes economic recovery could be seriously delayed.
|
0 points
April 29, 2009 - 8:02am | Analytics | News
|
|
Federal Reserve policy makers are ready to hold off new measures to flood the economy with more funds while keeping interest rates steady near zero.
It should be reminded that the U.S. central bank had cut interest rates to near zero in December in order to combat the recession and paralyze credit crunch. On the other hand, the U.S. |
0 points
|
Did not find what you want? Try to search all ecommerce sites!
|
|
|
