How long will the ECD and Fed hold up
10-18-2008 19:38Even though the U.S. Congress has finally accepted the economical rescue plan, the problems are far from over. Consume rates are dropping, and at the same time the number of people currently on unemployment is growing. The European situation, at the same time, is even worse. European governments
>> read moreCalifornia in Financial Crisis
10-10-2008 11:00U.S. is in the midst of a financial crunch and so is California which felt the squeeze as the Governor Arnold Schwarzenegger sent a letter to Henry Paulson, the Treasury Secretary requesting a $7 billion loan for the state which is required for financing the daily operations of the state. The
>> read moreDecreasing Price of Oil
10-06-2008 14:00With the tumbling economy the financial market was in need of a relief which came as the fall in oil prices. The bright move in the economy is the decline of 35 % in oil prices which is the most recent fall. The Decrease in Oil prices has had a positive impact on the equity and financial markets as
>> read morePredicting the future of the Dollar
10-01-2008 11:32The United States is undoubtedly one of the most competitive and developed economies in the world. The long-term demographic conditions as well as its fiscal situations are healthier than those of its major universal competitors. Yet the value of the Dollar seems to be tumbling. The main reasons
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