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Nowadays, any economical instability in the market of investments may threaten the financial lives of millions of employees, businessmen and tax payers. The current global financial crisis, the whole world in enduring, has caused numerous financial setbacks to many businesses that were forced to start economizing and cutting back on expenses. Thus, many luxurious services have been . . . → Read More: Why Global Financial Crisis Forces Travel Cuts Barclays: Japan 4Q GDP Will Shrink 12.1%; Holiday Sales Worst Since 1970; American Greetings Buys Recycled Paper Greetings; Consumer Confidence Hits Record Low; China Eastern Gets Additional Funds; Gazprom Gets Paid An economist for Barclays Capital (ADR:BCS) estimates Japan’s economy will shrink at an annual pace of 12.1% this quarter, nearly a three-fold negative jump from . . . → Read More: Global Investment News Roundup The Genesis Americans caused the crisis, by spending more than they save, the American government spending more than it made, American financial institutions giving house loans to people who had a very weak capacity to pay and reselling the loans to naïve and sometimes greedy global investors while the world’s financial regulators watched blindly.
The losses The sums are . . . → Read More: Global Financial crisis: the Nigerian Perspective The Opalesque South Africa Roundtable discusses the range and consequences of this inflexion point, from a fund manager as well from an investor point of view.
The Roundtable was sponsored by IDS Group and took place November 10th 2008 in their Cape Town Office. There, the participants also discussed the particularities of investing in Africa (ex-South . . . → Read More: South Africa Hedge Fund Managers Reveal How to Play the “africa Story”, Global Financial Industry Found at Inflexion Point The current global economic meltdown has triggered a recession in the economies of most countries and this has affected many homes. As the global economic crisis takes its toll on many homes, it is therefore necessary to redesign the home budget to avoid some common mistakes that can ruin a pleased home. Essential Tips. 1. Have . . . → Read More: Enjoying a Happy Home in Time of Global Economic Crisis |
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