High oil prices disturbed the people of the United States to a great extent. Inflation is prevailing so much that people are suffering from various and different kinds of socio-economic problems, such as general rise in prices of commodities, poverty, unemployment, depression and agitation. Prices of the groceries increased i.e, wheat, rice, bread, meat, cheese, Read more
The gigantic Ford of the United States has planned to empower $3bn in a new car lodge in Mexico and it is declared as one of the biggest ventures in the realm’s producing segment. The budge is bluster to American car employees who had optimism that the plant would be put up in the United Read more
May be revealed by the investigation NEW YORK (CNNMoney.com)—some believe that rising oil prices are due to nothing but widespread speculation, on Thursday, the U.S. government declared about an extensive investigation regarding oil price manipulation. The government also announced that it would get further information for investors’ effect on the market. Commodity Futures Trading Commission Read more
Consumers are less willing to purchase costly handsets as the shadows of economic uncertainties are getting darker and darker in Europe, a new research suggests. During the first Q of 2008, sales of mobile phones fell almost 16% in the Western Europe, reported by a research firm Gartner. This decline reflects general economic worries and Read more
Oil industry leaders to come up with better ideas to improve supplies Oil industry leaders must come up with new ideas to improve supplies as fuel prices are on increase. The government has announced new strategies to increase oil production in the North Sea. We must reap the full benefits of the UK’s oil reserves, Read more
Economists confirmed that there are several factors of high oil prices all around the world. In this regard they are of the view that one of the major factors of high oil prices is inflation all around the global markets. The economists have argued that inflation is the result of over all slumps in the Read more
Honda has announced to sell new, better and reasonably priced gas-electric hybrid in the European, American and Japanese markets during 2009.It was announced by the company’s president on Wednesday who was highlighting some aspects of Honda’s commitment to green technology. This new model will not be sold as a usual gasoline-powered car, contrarily, it will Read more
How can we define economic indicator? An economic indicator is a model of statistics which highlights the overall economic growth of a country or a region. Economic indicators give the idea of current and futuristic predictions of the economic activity. What really an economic indicator shows? An economic indicator exposes certain facts and figures before Read more
Launch of impressing technology After a chaotic collapse with the technology monster Intel (INTC), the One Laptop per Child Organization on May 15 pronounced a coalition with the Microsoft (MSFT). It has been decided that both the companies would launch a Microsoft’s Windows XP operating system which would be accessible on OLPC’s Xo laptop. Access Read more
Some Currency experts predict It was, no doubt, a great come back when the greenback got back the lost glory during April. But some currency experts are of the view this glory is transient and it will not prove long lasting. All we can say the dying dollar showed some signs of life during the Read more
Inflation It has become one of most concerning issues of world. It is becoming the reason of a high price level in the consumer market. So the demand and supply of the commodities are badly affected. Impact on consumer demands The prices of commodities such as wheat, sugar, salt, spices, bread, vegetables, fruits, meat etc Read more
The student loan conditions were not satisfactory during April. Schools were demanding noisily to get financial support direct from the government as lenders were not issuing loans. But then the scenario totally changed within a week Before summer, the complete effects of the credit crisis on this year’s student borrowers will not be seen, the Read more
NEW YORK (Reuters) Little change has been observed in stocks on Monday even after the largest deal of takeover in U.S. during this year the deal also helped to compensate the remarks by Warren Buffett that the decline in economic activity in the country would be even longer and deeper than it has been described Read more