In China, economic growth rate drops for the third quarter in succession and there are fears that the economy may see an intense downturn in the coming days. According to the National Bureau of Statistics, during the 3rd Q the economy grew at a rate of 9% that was 10.1% down compared to previous quarter. Read more
During July a considerable surge was noticed in wholesale inflation that left the increasing prices at the fastest pace in almost thirty years. After that recent drop in oil and other commodity prices, there are hopes that inflation may be bridled, but some economists believe that it will take some more time to ease that Read more
PARIS (AFP): The fall down of the sub-prime mortgage market place in the United States and the following international economic recession has forced the sharpest decline in the world stock markets since the end of the Internet fizz in 2001-2002. During the last year, forthcoming indices have lost by 12 to 25 % of their Read more
Declining-economy One of the realistic aspects of the modern day economy is the mounting inflationary rate and economic recession which is leading the world into depression as millions of people in the World are severely protesting against the regime of the United States why the prices of oil and gasoline are increasing and causing an Read more
As oil reached at $139.54 per barrel two weeks before has impacted greatly on the U.S economic structure. Today, million of the United States civilians are deadly worried while seeing at the hovering oil and gasoline prices rates. The economic is going on under the recessionary and inflationary cycle which is being carried on since Read more
The analysts gave the prediction that oil prices might cruise of about $200 per barrel within next 18 months. This led towards a major worry to the people of the U.S. As the oil prices reached at $139.54 during the last two weeks in the United States, the agitation and angriness of the people could Read more
Last week, the oil prices reached above than $139 that led millions of the American towards anger, agitation and slogans against the regime of the U.S. In this regard, the president Bush announced that high oil price is the concerning issue but not tough to combat with high oil prices and inflation. The United States Read more
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
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
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