Indonesian Middle Class Recycle Wealth Back into Domestic Economy

The global downturn and economic crisis is now into its third year. Economic growth has dropped across the South, as the knock-on effect of shrinking credit and slowing global markets took its toll.One solution to...

Easter UK National Rail Strike: Staff Cuts Risk Passenger Safety

Travel misery is predicted over Easter as the first national rail strike in 16 years looks set to take place. The results of a ballot of railway signalmen and  maintenance workers is expected to be in favour...

Now CIT Group goes belly up!

As the economists battle with numbers, charts and calculations trying to figure if recovery is here or not, one more financial giant went down fighting. The latest casualty is the CIT Group. CIT Group is among the...

Why Obama’s big economic gamble is failing?

  " A string of new polls seems to show that America’s belief in the wonder-working power of Obamanomics has begun to fade. A Pew poll found President Obama’s economic approval rating has fallen to 52...

Recession tactics in the Cruise Industry

From my Blog Off RadarOne does not need to be a Maritime expert to understand that the Cruise Industry like any other Tourism sector, is naturally affected by the Global slowdown that plaques our planet in 2009. In public everyone is putting on a brave face, however the...

Finally the Truth is getting out about the Economy!

In his article "Putting the toothpaste back into the tube" by Andy Kessler on The Weekly Standard, we find a short and simple explanation of how our economy works - and what's been going wrong lately. As hinted by various commentators over the past couple of years, the...

Economic Recession is bogging the whole world now...

As many industries suffer during the

China snaps up strategic assets in times of downturn

Chinese companies have started acquisitions to the tune of USD 16.3 billions during January and February alone. Most of them are in the area of natural resources (Petroleum and other raw materials). A brute majority of these are invested in Australia.  Remaining are in...

Abacus set for comeback?

The abacus is an ancient calculating machine that uses beads on a frame which are moved manually. In Asia the abacus is still used in many situations and children still learn how to use it. With the state of...

DIY dentistry: 1 million Brits yank out their own teeth

Over the last few years it has become increasingly difficult for patients to access NHS dentistry in the UK resulting in the deterioration in the health of teeth across Britain and especially amongst the poor....

World Financial Crisis - it's all in the genes

New research indicates that financial risk taking could be genetic with those prepared to take the most financial risk having a particular genetic make up. This could mean that the extravagant risk taking...

Balls Predicts Worst Downturn For 100 Years

The schools minister said that the recession could be worse than that of the 1930s.This could be the worst recession for a century, a close political ally of Gordon Brown has said. Ed Balls made the remarks in a speech at a Labour conference yesterday, the Yorkshire Post...

Obama: quick action needed to avoid economic tailspin

Late Friday saw Obama's economic stimulus bill passed forward for a vote on Tuesday and Obama warns that unless quick action takes place the economy could go into tailspin. Others - mainly Republicans - say its...

Go Green Expo: A Review from LA

The Go Green Expo takes place this weekend in LA and here is one review of the event. Seems a big crowd turned out to look at the booths and listen to the speakers, and even do a bit of shopping. " There was a lot...

NASCAR discount tickets to fight downturn

Motor sports are being hit just as much by the economic downturn as other areas of life and in order to keep racetracks full NASCAR tracks are heavily discounting tickets. Over 80,000 tickets have so far been...

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