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Economics Articles |
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Expert Author: Jennie Gandhi | Summary Accepting the recession trend is the easiest way to rationalize the pay cuts. The liquidity crunch and low capital is the reason for stalling new expansions or diversifications in various fields. Read this article and find out how recession has hit the commoners. Expert Author: David Mayer | Summary On Tuesday, February 17, President Obama signed the Stimulus Package in law at the Denver Museum of Nature and Science saying that today marks the beginning of the end of the recession. The article looks at the Stimulus Package passed into law by the new Administration. There may still be a time of need when you have to borrow but, hopefully, the new Package will make that less likely. Expert Author: Adam Robinson | Summary If nothing else, Obama's address to Congress was a much needed band aid applied to the wounds of the American public, along with a kiss on the forehead, and the promise that "things will be better tomorrow". He acknowledged that the economy was in crisis and he was aware of the challenges that every American was facing. His message was built around hope and the promise that "We will rebuild, we will recover, and the United States of America will emerge stronger than before." Expert Author: Markus Heitkoetter | Summary We have all heard plenty of talk, both positive and negative, about the $700 billion bailout plan, and there are now rumors of similar plans in the works. The discussion dominated the recent election, and it continues to be a primary concern both on ‘Wall Street’ and ‘Main Street.’ Expert Author: Markus Heitkoetter | Summary We have seen a number of dark days for stock markets all around the world in the past months. But how frightened should we be? Is the next Great Depression upon us? How can we distinguish a small crisis from a huge one? One way to deal with these questions and to calm our feelings of panic is to look closely at a single bad day. When we do that, the details can show us that the bigger picture may not be as bad as we fear, and, hopefully, quell our feelings of panic. Expert Author: Roger Munns | Summary America and Europe face a pretty bleak 2009 as the world starts to feel the recession biting, and millions of people could be made unemployed. And as unemployment rises and politicians see their poll ratings slip, part of the blame for the economic downturn will be put on tax havens, with astronomical sums being banded around of how much each country would benefit if tax havens didn't exist. Expert Author: Lavana James | Summary South Africans would be best advised to dust the cobwebs off that bicycle or head for the bus terminus as local fuel prices are not predicted to drop any day soon. After a fortnight of turmoil on the world stock markets and the threat of a global recession looming ever closer, South Africans and consumers world-wide have been hit where it hurts most – in the pocket. Expert Author: Jennie Gandhi | Summary When the United States of America was found to be suffering from deep economic problems, many analysts commended European companies and their relative strengths in view of emerging global crisis. European companies function in an Anglo-Saxon free market model which is considered to be safe and secure because of over the top government regulations. Expert Author: Jennie Gandhi | Summary The truth is, we are going through the most severe global financial crisis since the days of Great Depression. Originated in USA, economic recession is affecting all the major players of world economy. Governments and major policy makers of world economy have taken notice of the urgency of the situation and frantic steps are undertaken to stem the rot. At the core of the term ‘recession’, spirals of several financial mistakes are intermingled. Expert Author: Sudhir Goyal | Summary All of us are hit hard by high and rising Crude Oil prices. Since the grains are being used to produce bio-fuels, food prices too has risen sharply. Due to rise in both food and fuel prices the inflation is scaling new heights across the globe. I have a powerful action plan to bring down crude oil prices which in turn will not only reduce food prices but will also soften the inflation levels. Expert Author: Roger Vanderlely | Summary The prospect of peak oil production having already been reached or waiting in the very near future must prompt us to consider how we are going to replace fossil fuels as our primary sources of energy. This action needs to be taken immediately to avoid severe economic and social repercussions. Expert Author: David Kaleky | Summary Atlantic City's splendid casinos and the recent trend of growing luxury outlets has not prevented it from seeing a slowdown in revenues and a threatening decline in its economy. Is the mortgage crisis responsible for this, or are the casinos to blame or does the state have a role to play? The answer seems to be all of the above. Expert Author: Santos Kumar | Summary Historically, recessions are the result of high interest rates, pushed up as the result of loose money policies. Recovery comes when citizens begin to spend more wisely, save money and pay off their debts, but not this time. Never before have credit policies been so loose for so long, and there has been no decrease in consumer debt. It’s still on the rise, but Americans are NOT fundamentally to blame; immoral monetary policy is. Expert Author: R. Eric Bramlett | Summary The economic outlook for Texas during 2008 points towards slower growth, yet that's still better than most parts of the country, which will see no growth at all. Texas, with the 2nd largest state economy in the U.S. and the 15th largest economy in the world, will record growth of about 2.2 per cent annually, according to the Texas Workforce Commission. Expert Author: R. Eric Bramlett | Summary The economic outlook for Austin generally mirrors the Texas forecast: local job and population growth outperforms the national economy. Here’s what we’re looking at for 2008. New research by the Department of Immigration and Citizenship (DIAC) shows that migrants accelerate their employment outcomes in the year following their first six months in Australia. Expert Author: Muna wa Wanjiru | Summary There are many forms of fuel that we can use for our lives and businesses. These sources include electricity, solar energy, fossil fuel and of course oil. Expert Author: Suresh Oberoi | Summary The increasing economic integration of the world is having profound effects on rich and poor countries alike. BBC News has initiated a major examination of the subject. For some, their business is at brisk but for some, their business is not booming well. Expert Author: Patricia L Johnson and Richard E Walrath | Summary The next time you read or hear glowing numbers about the economy, just ask yourself these three questions... Expert Author: Patricia L Johnson | Summary Do you know the definition of a recession? Do you know who determines when we enter a recessionary period or when it's over? This article is intended to provide the average reader with recession basics.
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