Economics : Business & Finance
While we all are feeling the effects of the current economic recession many are still left wondering exactly what is a recession. The more we understand how to identify, predict and protect ourselves from economic hardships the better our chances of minimizing the effects.
Massive debts and spirally costs cause NHS to make drastic moves. Hospital closures made in the place of improving productivity.
This article concerns the recent loss of value of the US dollar relative to other currencies and the possible positive effects thereof.The greenback has been slipping against the euro, the Chinese Yuan, and the pound for the past nine months or so, reaching record lows amidst a global credit crunch
Few people understand the implications of a fiat currency. The economic implications of the United State's version of a fiat currency is even less understood. What are those implications and what can we do about it?
The economic crisis is having a devastating effect on the world at large. We have witnessed the crush of long tolerated dictators, the battering of Wall Street, the Greek and now Italian demise and the bad news just keeps coming. Pretty interesting about these scenarios is that in nearly every insta
The changing face of different societies around the United States and the world is largely due to evolving economies and the general shift away from the same methods and practices of work that were employed during the industrial revolution. As the so-called 'BRIC' countries of Brazil, Russ
Part 3 in this series expands on e-currency by examining the characteristics of e-currency.Is it money?Is it an investment? Or just a payment system?The answers might be surprising.
When Iceland faced the failure of their big banks the populace declined their request for public bail outs. Five term president Ragnur Grimssom listened to his populace and allowed the failure default. Today Iceland prospers and is experiencing somewhat of a Renaissance!
We have just finished the final quarter of the federal fiscal year, during which more than 40% of the federal budget (or $200 billion) was spent with contractors, according to a recent Deltek report. In order to win these contracts, a contractor generally answers a Request for Proposal (RFP) or othe
The housing market has been blamed for the sudden drop in the economy and the economic recession the country is facing. Yet, the worst is yet to come, some economists and others believe.
Without a doubt, the global financial crunch has affected practically every industry. We've seen the devastation of the automotive industry, the backlash to the business process outsourcing (BPO) industry, and there have even been ripples in the tech industry. The hospitality industry isn'
United States of America has solely and equitably enjoyed the superpower status since 1990 after the fall of Russia by posting record GDP growth rates. For decades the capitalistic principles of America have been richly rewarded by propelling innovation in defense, technology and infrastructure. The
Wherever you look these days, it's all bad news. More unemployment, more foreclosures, more problems to overcome. This week has seen President Obama sign the new Stimulus Package into law, but that is somehow a bit distant.
In this article, the writer explains why rice hoarding may sound great, but actually only harms the consumer in the long run. It also offers more effective suggestions to what the consumer can do instead in view of current price hikes. The article also includes certain sources of information that ca
The times are much different today then even when I was back in school 20 years ago. The technology that is around us is unbelievable.