world crisis

Japan analyzes the results of the world crisis

December 25, 2009 - 9:07am | Figures | News
Japan analyzes the results of the world crisis

Deflation tightened its hold on Japan in November and the unemployment rate rose for the first time in four months, as the world's second-biggest economy struggles to stage a convincing comeback.

The unemployment rate climbed to 5.2 percent, reversing an improvement to 5.1 percent in October. The result marks the first increase since July and misses Kyodo News agency's average market forecast of 5.2 percent.


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Federal Reserve refuses the signs of recovery?

September 21, 2009 - 6:25am | Analytics | News
Federal Reserve refuses the signs of recovery?

Federal Reserve Chairman Ben Bernanke has said that the recession is "very likely over," but the Fed isn't acting like we're in a recovery.

Economists widely believe the central bank will keep interest rates between 0% and 0.25% at the conclusion of its two-day meeting Wednesday. The Fed is also expected to say very little about its plans to wind down more than a trillion dollars in lending and bailout programs, and it will likely stay away from any overly enthusiastic language about the economic outlook.


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New England business leaders confident in U.S. economic recovery

July 7, 2009 - 6:28am | Analytics | News
New England business leaders confident in U.S. economic recovery

The NACD New England Chapter has conducted a new survey, according to which 78 % of the boardroom directors and other business leaders believe that the U.S. economy will recover either significantly or slightly within the next 12 to 24 months. While only 5 % believe the economy will worsen, and 16 % expect it to remain the same. Thus, 145 local members of public, private and non-private boards were asked a total of 19 questions about the economy and issues surrounding boardroom leadership business leaders.


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77% of Chief Financial Executives don't believe in recovery of US economy

April 13, 2009 - 11:39am | Figures | News
77% of Chief Financial Executives don't believe in recovery of US economy

Grant Thornton LPP, the U.S. member firm of Grant Thornton International Ltd, conducted a national survey among 530 chief financial officers and senior comptrollers. The results of the survey turned out to be deplorable for U.S. economy. Majority of respondents (77%) suppose that the economic health will remain the same or get worse in the next six months.


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Western Union is hit greatly by world financial crisis

November 28, 2008 - 4:51am | News | Other themes
Western Union is hit greatly by world financial crisis

Western Union, the leading money transfer company has announced the great lay off. According to Dan Diaz, the company’s spokesman the money remittance service is going to eliminate some 200 jobs worldwide. The company didn’t mention the exact position however it was told that mass dismissal will also touch some managing positions.


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Find job and place resume in ECJ. Free-lance section is opened in Journal

November 26, 2008 - 2:42pm | News | Other themes
Find job and place resume in ECJ. Free-lance section is opened in Journal

Though lots of authoritative analysts say that the financial crisis has passed away and that now the economics will recover lots of jobless victims who has suffered from the world financial crisis are still out-of-pocket. President-elect Barack Obama has announced the creation of 2,5 million new jobs by 2011. It was really good however there is a great chance to get the new job earlier.


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The victims of world crisis. Who are they?

November 26, 2008 - 12:14am | Analytics | Articles
The victims of world crisis. Who are they?

Thunder burst out… These words were used by mass-media to present us the world financial crisis which has penetrated into various sectors of the economics more than a month ago, and have sterilized them from superprofits and excessive number of employees. As a confirmation the western consulting agencies have already established the increase in a quantity of the CVs and the job-hunting announcements on the Internet.


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A banker? Fired! Reason: The World Financial Crisis

November 24, 2008 - 7:34am | Articles | Banks and internet banks
A banker? Fired! Reason: The World Financial Crisis

The bloodletting in the financial- services industry will accelerate in coming months, with job cuts doubling to about 350,000 worldwide by mid-2009, said Brian Sullivan, chief executive officer of search firm CTPartners. 

Reductions on that scale would be equivalent to 20 percent of the global workforce at financial companies before the credit crisis began, said Sullivan, whose firm has worked with Citigroup Inc.


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Who is to blame for the financial crisis? New versions

November 20, 2008 - 9:53am | Articles | Other themes
Who is to blame for the financial crisis? New versions

The global financial crisis is going on with huge losses being inflicted on the economies of almost all the countries worldwide both developed and undeveloped and making ordinary citizens to roam in perplexity over what was the real cause of the crisis and who is to blame for it. Meantime, the US Congress last week conducted a hearing in a series of meetings to examine the causes of the financial


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George Soros about crisis, mistakes of the US government and the ways to recover

November 19, 2008 - 7:38am | Analytics | Articles
George Soros about crisis, mistakes of the US government and the ways to recover

The name of George Soros is famous throughout the world. Being one of the richest persons in the world George Soros doesn’t try to keep back that he has earn his money by speculating. Everybody remembers Black Wednesday in 1992 when Soros has managed to sell short more than $10 billion worth of pounds and “broke the Bank of England”. It was just a beginning of his star way.


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Great job cut at HSBC. 1,600 people stay unemployed

November 13, 2008 - 7:35am | Banks and internet banks | News
Great job cut at HSBC. 1,600 people stay unemployed

HSBC India has announced the job cut in the merchant banking and institutional business departments of Investsmart, a broking house that was not so long ago. The job cut that was probably caused by world financial crisis has made the bank to ask their employees to go on a month’s paid leave. During that month the employees are find another job. 


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Neteller shows a steady growth

October 31, 2008 - 9:44am | News | Payment systems

[img_assist|nid=7386|title=|desc=|link=none|align=left|width=100|height=84]Neteller payment processor has published its Q3 report. Despite the downturn in the world economy Neteller shows the steady growth. So, according to the last year results for the same period this year company revenues grew 12% that is $19.1m against last year’s $17m.  


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