The UK economy fell by 0.5% against forecast The UK economy has suffered an unexpected contraction of 0.5% in the fourth quarter of 2010, leaving a meager 1.4% growth in the whole year. Although the harshness of this winter and had lowered growth expectations, analysts forecast that GDP would have grown between 0.2% and 0.6% in the fourth quarter and have been very surprised by the bad data ahead this morning by the National Bureau...more
The Economy Will Decide As in the theater, the second acts in politics are more difficult to write. In addition to the U.S. returned to the path of economic growth after the biggest financial disaster in eight decades, the president Barack Obama has closed the first half of his mandate with the passage of more laws throughout the fruitful period of the Great Society in the sixties, under President Lyndon Johnson. stimulate the...more
Can High Oil Prices Derail Growth of an Economy? Crude is one of the most important commodities purchased by all the countries around the world without exception. Due to its characteristics and ability to fuel economy and growth of a country it has become the most sort after thing in the modern world. Right from a common man and to most advanced institutions of a country each one has its share of requirement to consume oil. Most of the countries in world have to depend upon imports to meet their requirement of crude. Crude price are controlled by international demand and supply mechanism and is bound to fluctuate. While preparing budgets for a country often normal variance of oil fluctuation is considered and if prices are held between this variance it does not affect the planned growth prospects of the economy.In fact there can be events happening around the world which can bear direct influence on the crude prices and they can go for an unprecedented rise or fall. Current political crises in Middle East had lead to a sudden increase is oil prices. Not only prices are high and expected to go even higher there are growing concerns on even receiving safe deliveries of...more
Does The Economy Have You Living In Fear? Inspirational Leaders See Opportunity In Tough Timesby Michael D. Hume, M.S.Here's the bad news: the global economy is probably beyond repair. Like an inmate awaiting execution on Death Row, the economy is a "dead man walking." It may look like it's just a downturn, and you can even find some...more
LEDs for a growing economy At present times, people are very much concerned about saving the natural resources that are not available in plenty. These resources take heavy labor to produce and they are wasted very easily, one of them includes electricity. There are many thermal and coal power plants that are into producing...more
Reflections of the booming economy and the effect of it's wake With Freddie Mac and Fannie Mae on the brink of shutting down their housing departments it leads to reflections over on the role of government and politics regarding the housing boom. The housing market was boosted by the idea of the American dream coming to fruition. The heartstrings of many Americans were pulled on with the discourse that everyone had the opportunity of home ownership.The boom was propelled by all of those who benefited from loans being made. To name a few they were banks, credit unions, wholesale lenders, investors, realtors, builders, loan officers and homeowners. The market was saturated with buyers due to very loose guidelines. This resulted in an influx of real estate investors and future homeowners. This influx drove up housing prices. Real estate investors could turn houses within a few days of them being on the market. Pretty much anyone who wanted a loan could find a program that met their needs, at least short term. Obviously those who had the most to gain encouraged law makers to do all they could to keep subprime home loans going for as long as...more
Hope Or Hype For Senior Citizens Attempting to Survive This Economy The idea of starting a home business is seeing a revival among the 57 million of us receiving Social Security, Incapacity and Vets benefits. One issue influencing this...more
Footwear & leather manufacturing industries form backbone of economy Footwear and leather manufacturing industries are considered important parts of the economy of India. And, both these industries, in turn, rely heavily on the...more
Economy and Military in Egypt The economic resources that this imperial government existed to exploit had not changed since the Ptolemaic period, but the development of a much more complex and sophisticated taxation system was a...more
Economy of the Han Dynasty To fund his prolonged military campaigns and colonization efforts, Emperor Wu turned away from the "nonaction" policy of earlier reigns by having the central government commandeer the private industries and...more
What veterans can do in these hard economy times? Everyone knows that the veterans of a country are provided with many benefits because they work for the defense of their nation. Earlier, they provided a house building loans called the...more
The oil will bring a lot of problems into the stability of the world economy The World economy recession if oil costs $150 for 1 barrel waits, warn in Merrill Lynch. Against conflict growth in the Near East cost of hydrocarbons already...more