Price Of Gold At All-Time High

The price of gold keeps on rising and has hit an all-time high of $1,040.15 per ounce after the dollar loses some of its value. The last time gold hit a new high, 1,032.80, was in March 2008. Gold and other metals have become increasingly popular among investors as the dollar...

Economist declares economic 'train wreck' in America's future

" If you thought last week’s job numbers were bad, take a look at the latest from Morgan Stanley’s chief economist, Richard Berner. In a research note that’s been making the rounds of economics blogs this...

World Fertilty Rates by Country - Rise and Decline of Cultures

"Why is fertility rate important? Fertility rate is, basically, the number of children that the average woman will have in her lifetime. If the average woman has exactly two children in her lifetime, this is just...

Pakistan to increase defence budget for 2009-10

Pakistan's defence budget, which has been on the decline for the last five years, is going to be increased in the next national budget for 2009-10, a senior official has said."ISLAMABAD: Pakistan defence budget expenditures during the last five years is seen on the decline....

Former Pakistan PM refuses to meet Zardari for 'photo session'

Annoyed by the government's failure to take right steps in the right direction to overcome the problems facing Pakistan and unfulfillment of promises by the rulers, former Prime Minister Nawaz Sharif has refused to meet President Asif Zardari, saying that he does not want to...

NIC Global Trends 2025 report: US influence on the decline

The Global Trends 2025 report released from the US National Intelligence Council (NIC) has confirmed what analysts have been saying for years: The United States is in the beginning stages of a long period of...

How to protect yourself in a recession

"Here are some things you can do to protect yourself in a recession:Debt: The government, and Americans as a whole are carrying large sums of debt. The fact is that you can't get to prosperity by borrowing. However, that has not stopped the federal government from increasing...

Jobless claims hit 25-year high, imports plunge

Jobless claims hit 25-year high, imports plunge Doug Palmer WASHINGTON (Reuters) - The number of U.S. workers drawing jobless benefits hit a 25-year...

Greman economy enters worst recession

US financial crisis now started showing its effect in EU, the first big victim is non other than strongest economy Germany."The German economy, Europe's largest, contracted more than economists expected in the...

German Economy Enters Worst Recession in 12 Years

European stock markets are panicing today as investors learn that Germany, Europe's largest economy, has officially fallen into recession. In morning trading Britain's FTSE 100 was down about 1.3 percent and the...

Bank of Japan cuts key interest rate

"Friday October 31, 2:18 am ET By Tomoko A. Hosaka, Associated Press Writer Japan's central bank cuts key interest rate to 0.3 percent in close vote; first cut in 7 years TOKYO (AP) -- The Bank of Japan voted Friday to cut its key interest rate for the first time in more...

Seven orca whales missing off the coast of British Columbia deemed “disaste...

Seven whales are missing and presumed dead at Puget Sound near Seattle, USA. This has marine scientists ringing alarm bells. The loss of seven animals is the biggest orca species decline in the last 10 years....

Study: U.S. suicides rising; risk high in middle age

Another sad statistic of the Bush administration will be the rise in suicides due to unemployment and foreclosures. During the depression of 1929 the suicide rate spiked and many Wall Street investors and brokers jumped from high rise buildings after the stock market crash....

Rice prices in Pakistan on declining trend

Rice is the only commodity in Pakistan the price of which is witnessing a declining trend, perhaps because of harvesting of the new crop. Interestingly, the decline in price is not to ease pressure of growing inflation on public but to fleece the growers. "The price of rice...

Economics of climate change:Nature loss 'dwarfs bank crisis'

 The Global economy is lossing more money from deforestation than the current banking crisis.The study puts the annual cost of forest loss at between $2- $5 trillion, including the value of services such as...

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