Posted on December 16, 2009 in World Economy with No Comments
Asia needs to play a larger role in the global recovery process as compared to previous downturn since most of US consumers are facing money crunch, says World Bank chief Robert Zoellick. In an interview given to Financial Times, Zoellick said that it was indeed difficult to see US consumers trying to assume similar role [...]
Posted on December 3, 2009 in Business with No Comments
Google Inc is presently allowing publishers of its content to limit the number of free news articles to about five. These articles are accessed by viewers on its Internet search engine, which has been free so far. This decision has been taken as a concession to an ever increasing demand of those media industry elements [...]
Posted on November 25, 2009 in Business with No Comments
Recession has been tough time for many countries both developed as well as developing. The US has had its fair share of setbacks and India and China are fast recovering from this difficult economic situation. All these countries had to brave it up. Unemployment was rampant, and prices soared, and purchasing power of the people [...]
Posted on November 12, 2009 in World Economy with No Comments
The term developing economy is used to refer to countries such as India, Pakistan and Bangladesh, which are economically backward as compared to developed countries. They have much to achieve in terms of economic growth and development. They lag behind the developed countries such as US and UK on account of many reasons which shall [...]
Posted on November 3, 2009 in World Economy with No Comments
China is making much growth in the economic sphere. In the Third World, China is expected to stand tall in the coming future. It will be a force to reckon with in world politics. Even the U.S. recognizes its potentiality. Growth of Chinese manufacturing sector The manufacturing sector expanded very rapidly at a fast rate [...]
Posted on October 25, 2009 in Business with No Comments
Recession is not over completely. In the United States, the situation is still precarious although it has improved considerably. In other parts of the world also signs of the economy improving are there. No impact of the recession has been such that it takes a while to recover. Economists say few more months to go [...]
Posted on October 13, 2009 in World Economy with 1 Comment
The world economic growth is no doubt a lopsided affair. The Western countries have been dominating the world economy. The developing countries such as India and Pakistan and some of the under developed countries in Africa have always been forced to compromise with the Western powers as the latter are economically strong. The United States [...]
Posted on October 8, 2009 in World Economy with No Comments
The global economy is just recovering from recession. It was a tough year indeed. Many lost their jobs and were virtually thrown on the streets. Those who had mortgaged their houses had lost their homes. They had no money to pay up the loans. Several people had to survive on unemployment benefits in the US [...]
Posted on September 29, 2009 in World Economy with 2 Comments
The world is not all that perfect. Economic disparities exist among nations. Many countries are poor. People are living in abject poverty. Countries like India and Pakistan are unable to feed their population. Many suffer from malnutrition and disease. Why is this so? Why does poverty exist? Poverty is indeed a curse. People suffering from [...]
Posted on September 20, 2009 in Business with No Comments
Guerrilla marketing is of much benefit to companies as well as entrepreneurs as it attracts, time and energy as well as imagination rather than money. This type of marketing is interactive, unexpected and unconventional. It basically refers to unconventional ideas concerning marketing in order to get maximum returns at minimum cost. It is more of [...]