An unprecedented hike in prices of electricity by 40 per cent went into effect in Pakistan on Wednesday jolting a country of 160 million people already reeling under the highest inflation in the country’s history. www.maverickpakistanis.com
" Yet we should all be relieved at one level: the US has chosen to go down the path of 1970s style inflation, rather than 1930s style deflation. The alternative route of letting banks fail produced the Great Depression of the 1930s and nobody wants to make that mistake again."
created by arabianmoney | 4 years ago | updated 4 years ago 428 views | 3 recommendations | 0 comments
Crap! This kind of screws me since I have a degree in economics but the truth is the truth and, quite frankly, I've known this for a long time. My trust for markets has no bounds. When I have talked about who the candidates are going to pick as their running mates I always...
created by BigT | 4 years ago 148 views | 0 recommendations | 0 comments
Spiralling petrol prices in uk and economic slowdown caused by [capitalism] the credit crunch is having some beneficial side effects on the uks roads. People are getting from A to B quicker with less stressful journeys as a result of an estimated 12 % less traffic on...
created by Sputnic | 4 years ago 95 views | 1 recommendation | 0 comments
Spiralling petrol prices in the uk and economic slowdown caused by the credit crunch is having some unexpected beneficial side effects on the uks roads. People are getting from A to B quicker with less stressful journeys as a result of an ...
created by Sputnic | 4 years ago | updated 4 years ago 507 views | 2 recommendations | 12 comments
" By Joe Leahy in Mumbai Published: August 21 2008 20:58 | Last updated: August 21 2008 20:58 India’s inflation rate shot up to its highest level in more than 16 years this month,...
created by rahul | 4 years ago | updated 4 years ago 206 views | 0 recommendations | 0 comments
The dilemma the fed and all of us are facing in America and now affecting most of the world is we are in an inflation/deflation period. The loose credit markets in the 90’s, the internet boom and then the...
created by bill hicks | 4 years ago | updated 4 years ago 393 views | 12 recommendations | 12 comments
Despite all the stringent measures like the rate hikes there seems to be no let up in the inflation. And now the looming inflationary pressures are threatening companies' growth...
created by Sanjay Jha | 4 years ago | updated 4 years ago 128 views | 0 recommendations | 0 comments
Between US economic crisis and a strong Yen, car maker Toyota see its profits fall 28% during first quarter. " Thu, 07 Aug 2008 14:09:46 GMT Toyota announces a 28.1% drop in its first-quarter profits, as...
created by rahul | 4 years ago | updated 4 years ago 236 views | 0 recommendations | 0 comments
Mauritanian President Sidi Mohamed Ould Cheikh Abdallahi was being held under house arrest in the capital Nouakchott on Wednesday, 6 August, after the presidential guard rounded up the country's civilian...
created by terry6082 Books | 4 years ago | updated 4 years ago 381 views | 10 recommendations | 5 comments
After winning a confidential vote in Parliament and a general election in May 2009, the governing UPA alliance has aimed its forces against increasing inflation which currently stands at 12%. Thus, the Reserve...
created by rahul | 4 years ago | updated 4 years ago 142 views | 0 recommendations | 0 comments
Peru´s President and leader of the Peruvian Aprista Party Alan Garcia has the lowest popularity record ever during his current two year old administration. According to Telesur, only 26% of the...
created by rahul | 4 years ago | updated 4 years ago 622 views | 0 recommendations | 2 comments
After failing to contain the soaring inflation India's central bank today raised the interest rate to check the inflation. Indian government is very keen to tackle inflation as opposition parties are making it...
created by Sanjay Jha | 4 years ago | updated 4 years ago 524 views | 7 recommendations | 5 comments
There's a rock 'n' roll legend (I do not know if it's actually true) about how Slash, of Guns 'n' Roses fame, had hired someone to follow him on his nightly booze binges to carry him home afterward. In a similar...
created by Jordan Yerman | 4 years ago | updated 4 years ago 693 views | 0 recommendations | 1 comment
Inflation in 2008 estimated by the five institutions that most accurately project inflation rates will be 6.62%, which is above the maximum target limit (6.50%), according to the Central Bank’s Focus survey. For the first time, the number dropped, but only very slightly...
created by thiagoaragao | 4 years ago | updated 4 years ago 197 views | 0 recommendations | 0 comments