Mexico, finding itself in the same economic downspin as the rest of the world, is taking steps to jumpstart its economy. President Felipe Calderon recently announced a plan in which he hopes to increase spending on schools, roads, airports, seaports, historic sites and other infrastructure projects as a financial stimulus. He will expand a program […]
obama is ethical—-
Sin may pay, but Obama is ethical investors’ hope LONDON (Reuters) – The combination of recession and efforts to jump-start economies can be an investment headache. In recessions, vices like tobacco and alcohol win ground among those daring enough to buy shares. But if Barack Obama’s plans to invest in clean energy and tighten regulation […]
Can a New Communism Save the World?
The past year (2008) has been the most tumultuous and exciting for someone who has an interest in, and understanding of, economics and the human condition. Something I had been hoping for occurred, the ground was finally tilled and prepared for a new system of trade and interaction amongst the people of the world. The […]
OPEC Output Cut and Citigroup Bailout Send Stocks Soaring
Light sweet crude rallied by 9 percent to $54 per barrel as production outcut cut expected from OPEC. The price of crude had fallen to 3 and a half year low to $48.25. The president of OPEC Chakib Khelil revealed that a further output reduction of more than 1 million barrels per day would definitely […]
Down American Markets when Obama make President
Markets Down By Obama The market action wiped out gains from the strongest Election Day rally in history on Tuesday as investors hoped that a new president would bring relief from the global financial crisis. About Asian Markets How it is Downs and How many. Asian markets dropped sharply lower on Thursday. South Korea’s benchmark […]
Fear of inflation recedes
Global oil prices have dropped sharply to less than half their peak level of $147 a barrel reached in July this year. The rapid decline is attributed primarily to a major slowdown of economic growth in the United States and other developed countries leading to reduced consumption. With most of their economies already in recession […]
- « Previous Page
- 1
- …
- 54
- 55
- 56
- 57
- 58
- …
- 65
- Next Page »