Category Archives: Economy

          The list depicted are the countries who are entering into economic recession due to the global crisis…Iceland is first hit…15 membered Euro countries announced on 15th officially with Germany and Italy are first to enter into recession… Ukraine, Pakistan and Argentina … Continue reading →

The decisions of G-20 are  opening markets futher, regulating and evaluating financial institutions, curbing salary packages of the CEOs, review the credibility of credit rating institutions and evaluating the global accounting standards etc…Is it not right time to renovate and … Continue reading →

   Lunacy dominates world stock markets, as a tug of war ensues between fear and greed. For two wildly fluctuating months, stock and real estate markets bounced down the stairway that easy credit built. Then on Tuesday, greed was king … Continue reading →

  Joseph E. Stiglitz, the nobel prize winner economist in his latest book estimated along with harvard prof. Linda J. Bilmes that the government has borrowed $1 trillion — much of it from overseas lenders — to finance the war. By 2017, he … Continue reading →

As the global economy implodes, governments throughout the world have responded… In the United States, Congress, the Securities & Exchange Commission, the Treasury Department, and the Federal Reserve Board have imposed various emergency measures intended to shore up the economy. … Continue reading →

For the last week, eyes across the nation have been focused on Hurricane Gustav and its frightening potential. But even as we breathe a sigh of relief at the now “tropical depression” Gustav, new dangers emerge on the horizon in … Continue reading →

The economic slowdown now threatening the United States and other industrialized economies will probably lead to the worst recession in almost 20 years. The world economy will continue to struggle with the heavy burdens of rising food and energy inflation. … Continue reading →

Inflate or die. That’s the Federal Reserve’s mantra since the sub-prime credit crisis first hit the investment scene last August. Since then, this crisis has taken a destructive path and pummeled global equity and bond markets along the way. Global … Continue reading →