The US president says that now Americans have begun to feel more positive about their country’s economy. In Louisiana, the President said in a business meeting with business leaders that people had a more positive approach towards economic panic. While Federal Reserve chief Ben Bernanke said that we might need more spending to fight the Read more
According to a government report, a considerable shrinkage was noted in Japan’s economy during the 2nd Q. The report suggests that weakening consumer demand and slow exports are leading the world’s second biggest economy to the brink of recession. During the April –June period, Japan’s gross domestic product (GDP) fell with an annual pace of Read more
WASHINGTON: About 62,000 American civilians lost their jobs due to worsening economic and business situations all over the Unites States which led them into absolute worry and embarrassment. The employers are just sitting free and doing nothing regarding their future perspectives as there is a big economic-recession in the U.S leading millions of people jobless Read more
It is seeing quite ominous that Asian economic growth going downwards and showing the signs of economic depression just due to high oil and gasoline prices as oil reached at $143 per barrel. The Chinese manufactures estimated that inflationary cycle could go prolong for a period of four years and so and it might white-wash 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
Economic recession is surpassing day by day all around the world as it was seen two weeks before, the oil prices reached at $134.59 led towards a mammoth amount of inflationary cycle and ruined the behavior of the people of the United States, hence they agitated against the Bush regime. The biggest impact of high 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
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
Concept of recession A recession is meant by an economic decline.It is an activity, which is spread from corner to corner the economic condition of more than three months.The studies of macro economies show us that a recession is generated due to decline in Gross domestic product (GDP), Gross national product (GNP), inflation, deflation, stagflation Read more