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Economics : Business & Finance

Government Greed

My wife is in education. At the end of last school year another system offered her a nice position as an assistant superintendent and well over $20,000.00 per year increase in salary....More...

CHINDIA: The Economic Juggernaut

The year gone by was what trade analysts appropriately term 'Year of Acquisitions' as many Indian Companies made successful bids for acquiring the business operations of it's rivals. The India-born Laxmi Nivas Mittal of Mittal Steels set the tone for others to follow suit (Ahem! Skirt...More...

The Loss Of Being The No1 In The World

Academy of Social Sciences recently made an analysis of industry market share and indicators of competitiveness in more than 100 countries, and it showed that China ranked the first in the world....More...

What Will Google Do With $4 Billion?

Google is planning on floating another $4 billion in shares. The question then becomes, with reserves of over $2 billion, what does the company want with the extra cash? This article provides my own speculation and insight and it might surprise you....More...

Ludhiana Textile Cluster Makes Strategic Shifts to Beat Downturn

After suffering for almost a year on account of labour shortages and plunging overseas and domestic sales, the Ludhiana textile cluster has decided to fight the recessionary demons through both strategic and tactical responses. Textile units are rewriting governing practices to cope with the adverse...More...

Engaging Economic Efficiency Efforts Evaluated

Every Nation has economic challenges and must deal with change. Just like in the Universe change is a constant. In the United States we have changes occurring with industry trends. Some cities have issues with changing job categories, shifts in manufacturing jobs moving from 30% to 17% to 10% and th...More...

Inflation or Recession?

The effects of the financial crisis originated from sub-prime lending on the overall broader economy is further compounded by the worries of global inflation, which is mainly responsible of the ineffectiveness of the stimulus package drawn by Fed in the beginning of the year. The origination of the ...More...

The Current State of the Auto Business

Summary of the current U. S. auto industry and the economy, recent developments, current status, and outlook.Itemizes how the country got into our current plight and where things are likely to go from here, with focus on the Detroit 3 U. S. auto makers and their challenges and how financing and leas...More...

Oil Descends Below $100 on Account of Improving US Economy

Depicting a sign of improvement in the US economy, the prices on oil hovered below $100 a barrel. Benchmark crude mounted 12 cents to $99.77 in electronic trading supposed to be delivered in February on the New York Mercantile Exchange....More...

The Trillion Dollar Blunder and the Resurgence of the Great Recession

America's fiscal challenge has become increasingly daunting and we run the risk of plummeting back into recession. Often times the second dip is worse felt than the first. Through too much political posturing and too little actual problem solving, we are facilitating the resurgence of the great...More...

Gas & Diesel Prices Are On a Constant Rise - What Can We Do About It?

In January 2000 the average price for a gallon of regular gasoline was around a $1.25 in the US. In January 2004 the average was around a $1.50. Now towards the end of April, 2008, the average price is almost $4.00 for a gallon of regular gasoline. From 2000 to 2004, the gas prices have gone up 25 p...More...

The G20 Summit - Delusions and False Hopes

Much publicity surrounded the G20 summit on April 2, 2009 in London, but not much is known about the decisions made there. This article seeks to shed some light on what was decided and whether it will really make any difference to anything....More...

The Risk of Outliers

With lower reserve limits, European banks carry more risk at times when liquidity is low. Greece is one of many European countries saddled with debt. European banks represent merely a microcosm of a bigger problem; the outliers, the seemingly trivial and unpredictable events, can trigger a global pa...More...

Under the Radar - New Focus on Latin America?

Garreth Westwood writes about last month's "non-announcement" that Canada's Prime Minister is planning a pivotal visit to key Latin American capitals this summer: In March, the Canadian Press reported that Canada's Prime Minister Harper was planning "to say 'Hola&a...More...

Recession Forces Ingenuity

People are very resilient and can come up with creative ways to earn money in order to survive. Competing in an employment market saturated with unemployed individuals is making people reflect on all the possibilities to become inventive entrepreneurs by honing their talents and expertise or finding...More...

What Can I Do to Prepare for a Financial Crisis?

Inasmuch as one needs to take the economic crisis seriously, it would be more beneficial if one were to identify the means by which the goal of self-preservation, both physically and financially, could be achieved long before the onset of the blow-off top. Being prepared is a valid step to take only...More...