The IMFs report prepared for the Group of 20 nations affirms that the global economy is going to face a major downside risks again in near future as its recovery is still under a big threat due to the stresses in the Euro area. A surveillance report presented at the G-20 summit of finance minister of member countries and governors of Central Bank held in Mexico City on February 25-26 expressed that the world economic growth will slow down to 3.3...more
China does a lot of manufacturing for foreign companies, including U.S. companies. The raw materials are shipped to China, where factory workers build the final products and ship them back to the U.S. In this way, a lot of China"s exports are really for American companies for American consumers. China primarily exports electrical and other types of machinery, especially computers and data processing equipment, as well as optical and medical...more
The economy has certainly seen its share of turmoil and trouble over the last five to ten years. Far too many people are starting to lose confidence in the ability of it to rebound, and if things stay on the current pathway, it may not be possible to make a difference. But if one gets back to the basics and starts using nearby products for the betterment of the economy, things can change quickly. Are you concerned about the offshore outsourcing and production standards? Do you feel that things are getting worse and worse with less of an emphasis on the nearby economy? If so, then the time to start supporting nearby merchants and nearby products is here. These individuals are the biggest job creators, whether building manufacturing facilities for the merchandise they sell or selling the products by following a nearby store. Only by participating in these efforts can you hope to grow the national economy. With most of all businesses being small businesses at the nearby level, the greatest thinkable for job and revenue growth lies right outside your own back door. If you haven't made the decision to enhance the nearby products and business people by contributing to their cause, then...more
According to the British Chambers of Commerce UK will stepped down recession this year and the Bank of England will not need to inject any more stimulus, but the recovery will be weak and the government should step up its efforts to boost growth. Largest lobby group of UK revised down its forecast for growth this year to 0.6 percent from 0.8...more
If there was any question as to the relative potency of an Audi A5 Coupe equipped with the 2.0L turbocharged four cylinder, it was erased for me on a visit to southwestern Spain.On an early morning, somewhat frantic blast (we got lost and were in danger of missing our flight home), the quattro coupe proved itself in the cut and thrust over...more
Boston is widely regarded as one of the most bustling cities to live in in the US. Some of the reasons for this are its unique blend of diversity and its rich history. The combination of these aspects endears itself to many people looking for apartments. However, it is becoming increasingly expensive to rent an apartment in Boston. Have you ever wondered why that is so and how people can counteract this phenomenon? According to a recently study conducted by the local financial times, around 24% of the families living in Massachusetts are spending as much as 50% of their incomes on housing. This will come as no surprise to people living in Boston, as housing here is pretty much as expensive as it comes. The high prices mean that there are an increasing number of people who want to Rent Apartments in Boston instead of buying one, as it seems like a better economic decision than purchasing a property.Historically, Boston has hardly been an ideal place for most people to live in. The outlook for the city was bleak until the late 1980s when things slowly started to look up. The level of major crimes plummeted while local banks and mutual fund companies grew. Colleges increased the...more
It is estimated that China's engineering and construction sand and gravel (aggregate)consumption rate of about 7 billion tons a year. Endless exploitation and use, do cause localized resource depletion, destruction of watercourses, soil erosion and...more
Business organizations thrive across different economic and financial cycles thanks to their productivity levels, the niche they are focused on, the size and eagerness of their market and the way they are managed. Thus, those companies that have good...more
My next door neighbors kept asking me what to do if they had to go live with another family member. They are aging and a little bit afraid of caring for themselves in the future. They were basically wondering what they should do if they ever needed...more
Mining is one of Canada"s most important economic sectors and is a major driver of our country"s prosperity. In 2009, the industry contributed $32 billion to our gross domestic product (GDP) and employed 306,000 workers in the sectors of mineral...more
As environmental concerns come to the fore, how are traditional mining cities coping with a new green sheriff in town? Mitch Beedie reports on how towns and cities that have sprung up around coal and mineral deposits increasingly must adapt to new...more
Your investment in your home represents security to you and your family, especially during troubled economic times. Being free from renter's worries about where you will live if ever the landlord decides to never renew your lease is why owning your...more