Recession, Recession, Recession...Oh My!

" During more difficult economic times, it becomes necessary to allow your investments to take some dives. You should expect this. In times of recession, this can occur across the board and there may not be much that you can do about it. Instead of moving your stock...

Ready to Draw Back? 'Recession has its blessings' says Harry Eyres

While acknowledging the negative effects of a recession on many lives, Harry Eyres in Yes, recession has its blessings (FT, August 23) notes that "the word “recession” implies drawing back, rather than proceeding ever onwards and upwards. Now we have a chance not just to...

Fannie Mae unveils loss of $2.3bn

" Fannie Mae unveils loss of $2.3bn Q&A Freddie Mac and Fannie Mae Problems in the US housing market have pushed mortgage finance company Fannie Mae into the red. The group sank to a net loss of $2.3bn in the three months to 30 June, against a...

Britain in recession 'within months' as bosses predict 550 jobs will be lost ...

" Britain is on the verge of a recession and the number of permanent job vacancies is falling, two reports warn today. The British Chambers of Commerce describes the outlook as 'grim' and warns that a recession could start within months. It says it has uncovered evidence...

UK confidence 'near all-time low'

Grim times ahead in the UK."UK confidence 'near all-time low' Rising prices have been blamed for falling confidence Confidence among UK...

Greed is great. Surviving by curtailng oil speculation is even better!

If it not speculation causing out problems we have nothing to lose. Obviously in a world crying out for oil there is no need for the oil companies and producers to hedge against oil prices increasing. Only those who have to delivery of oil from the oil companies need to hedge...

Iran: Dollar depreciation eats into OPEC gains

As oil prices soar in world market, there are conflicting interpretation to explain them. Some have argued it is due to speculation in financial markets. Others blame it on a weak dollar. "Dollar depreciation eats into OPEC gains By Press TV Tue, 01 Jul 2008 14:59:41 ...

Recession threat to New Zealand

New Zealand, which has enjoyed almost uninterrupted growth for a decade, is now grappling with the same problems facing countries such as the US, UK and Australia: rising inflation, high consumer debt, and falling property markets.   " New Zealand is on the brink of...