World Bank Revisions on Economic Growth Two days ago, the forecast for growth for the developing world was revised by the World Bank with a warning that there will be greater pressures on inflation due to the escalation in food and fuel prices. Currently, growth is down from last year’s figures so the advice by… Continue Reading
Europe Awaiting Crisis It seems that while America and much of the western world is about ready to really recover from their economic crisis, the situation is quite different for Europe which is still awaiting its own crisis. This might not spell such great news for the region. Indeed, CEO of Principal Global Investors Jim… Continue Reading
What are the current anxieties that are impacting America right now, vis-à-vis inflation? Apparently, not what one might initially think. Even though gas prices are fast expanding and have now reached nearly $4-a-gallon, it seems that America’s biggest worry is homeownership which is increasing lease prices for its 38 million renters. One way of dealing… Continue Reading
How Kate and Will’s Wedding Impacted GB’s Economy The question being asked by economists following the fanfare of the recent Royal Wedding, is, was it a good thing for the country’s finances? And, how will it impact Great Britain’s economy in the future. So let’s look at analytics and first the possible negative implications. The… Continue Reading
Euro-zone Worries There have been increased worries about the Euro-zone, yet again. This has meant that the Euro has plummeted to an all-time low against the Swiss franc of 1.24 to 1.2345 which thereafter stabilized at 1.2360. This had an impact on Asian stocks which also “boosted safe haven investments like U.S. government debt and… Continue Reading
World Trade a Winner Somewhat surprisingly, world trade in South Carolina enjoyed some really impressive results last year irrespective of what has been going on with financial recovery in other areas. A report put out by the Los Angeles County Economic Development Corp. found that the increase in trade was “so sudden,” many industry sectors… Continue Reading
Which Countries Are Participating? It seems like there are some countries with all the money and others that have none. That might not be so far from the truth; at least, until recently. Currently, there are six “emerging economies” which are likely to “account for more than half of all global growth by 2025.” These… Continue Reading
Finding the Right Utility Company For those living in New York, there are many energy choices available so it’s important to research all options ahead of time. News today reported that there was an increase in oil in the Big Apple, which may have been surprising following prices over the last three months. There was… Continue Reading
It looks like there will be less singing on for the Scots. Figures for unemployment are going down in the country. Indeed, there was a significant increase in permanent job recruitment in Scotland last month, which is actually the “strongest labor market conditions for more than three years,” according to a survey carried about by… Continue Reading
It’s not like Gap Inc. – the popular American clothing company – hasn’t already gone global already. It has. But now there is even more potential global growth in the company. Recent announcement from the company was that it will be traveling to both Serbia and Ukraine before the end of the year. The first… Continue Reading