The inhabitants of the twentysixth largest island in the world, Tasmania, are facing bleak times. Tasmania is in the grip of a recession. Listed below are some possible alternative steps, to establish and bring prosperity to the island State, once more. From relocating more Commonwealth department o
Economic Recession 2008 - are these Real Problems or Bank Fraud Created? The article gives the case that there are direct parallels between the behaviour of bank staff, managers and senior directors in the causes of the bank crisis and the demise of Enron and Worldcom. In the latter there was clear
With recent economic developments, commercial collection agencies have become a necessary part of any efficient accounts receivable department. The trickle down effects of the current economic crisis will be felt for next several years as consumers struggle to regain financial stability. It is of ut
The article analyse the problems of farmers and few remedial measures with respect to changed government priorities. The unequal distribution of budget layout and neglect of farming sectors effect of growing economies.
The announcement in the last few days of a deal reached between the U.S. Treasury and the moribund insurance giant, A.I.G. provides a very lucid insight in to the nefarious and destructive world of the Troubled Asset Relief Program, otherwise known as T.A.R.P. Not only have A.I.G. received $152 bill
How do businesses get into trouble in the first place? Well, the answer is clear. These businesses didn't put much thought in recession. They thought that they can survive this global downfall. Fact is, only few companies can survive this. Recession has a global impact on multinational companie
The recent sub-prime crisis is unlike any faced by the financial system before in one dubious distinction: Its effects are exacerbated by globalization to an unprecedented degree. Recent developments help illustrate exactly how this credit crunch can be differentiated from others, such as the saving
Over the years, the United States has emerged as the world's supreme economic power. Since the recession of 2000, the stock market has recovered dramatically and in fact, the country has experienced sustained growth and a healthy job market. However, as often the case, problems undermine a seem
So our country and world seem to be in a down spiral right now. That can be pretty scary. My main concern though is not the stock market, although maybe it should be. I am no big business man or have investments in stocks, so my main concern and probably the concern of hundreds of thousands is the r
According to the latest Halifax house price index house prices in the UK fell by 2.5% in March. Over the first quarter of 2008 they were 1% lower than the last quarter of 2007. The significance of this news is more psychological rather than economic. Here's why you shouldn't panic.
Recently I started investing in bitcoins and I've heard a great deal of talks about inflation and deflation but not many people actually know and consider what inflation and deflation are. But let's start with inflation. We always needed a way to trade value and the most practical way to d
With every company and individual in America asking for a 'bail-out', how can corporations as large as Ford and GM be asking for bail-outs too? Truth is, most corporations are so top heavy in salaries, that they will not even consider reducing their incomes to improve the overall bottom-li
Infrastructure is a term to describe all those nearly invisible activities that are needed to support other productive economic functions.If not centrally governed - like the Spanish Railway system - it will give different kind of problems, one of them
Millions of cars needing repair, some repairs more serious than others, may be on our roads as you read this article. Due to the economy, people have not been able to keep up their vehicle's scheduled maintenance or major repairs.
There are catastrophic consequences of this present financial crisis.These consequences affect the individual as well as the nation.They arise as a result of deliberate spiritual neglect and take on physical manifestations. We are hearing of suicides and other forms of serious self-harm.Leadership i
My phone was at it again. My friends are now raving about my corporate dining privilege card. They have reasons to feel so, they eat free. It could be embarrassing to go corporate dining. You are never sure, what is to pay and what is free.
If you have been following financial news lately, you would have noticed that the majority of economic powers are struggling to keep their heads above water. The US sequester began on March 1, the EU economies are continuing to suffer, and the UK credit rating was recently downgraded. On the other s
It all started when America decided to hire an erudite professor - a guy who sold things like hope and change, a guy who sounded smart when he said not-so-smart things, a guy who looked better than his Republican opponents - to the presidency. They wanted a change. They just forgot that, when things