Archive for January, 2012

United States Growing At 2-3 Percent Rate

Treasury Secretary Timothy Geithner said on Friday that the United States economy is growing at 2-3 percent but still faces big challenges to repair damage wrought by the financial crisis. “I think if you look at the Fed’s forecast and the consensus of private forecasters, people are pretty clustered in that area but it is [...]

Major Issues In Electronic Commerce

User privacy has been a paramount concern on both sides of the transaction from the earliest days of electronic commerce. While the buyers are hesitant about sharing their personal and financial data on ecommerce sites, online sellers are scared of violating regulations and facing wrath of law enforcement agencies that could result in heavy fines [...]

Benefits Of Affiliate Marketing-Affiliate Network Advantages

If you are clueless as to why you should be considering affiliate marketing over other types of business ventures and become an affiliate, this piece of information on the benefits of affiliate marketing and advantages of affiliate networks would be useful to you in endless ways. The biggest benefit of affiliate marketing (for affiliates) is [...]

World Stocks Fall Before S&P Cuts

On Friday, the single currency (euro) fell to a near 17-month low and world stocks fell in anticipation that Standard & Poor’s would downgrade the ratings of several euro zone countries, including France. The credit ratings agency, S&P took the action after U.S. markets closed. S&P downgraded its debt ratings on nine euro zone countries, [...]

Toshiba To Enter U.S. Market

On Monday, Toshiba Corp of Japan said it is planning to enter the smart home energy market in the United States at the end of this year. The company expects to generate 10 billion yen ($129.68 million) in revenue by the fiscal year ending March, 2016. The company will use Swiss-based Landis+Gyr that it bought [...]

Swiss Central Bank chief quits

On Monday, Swiss National Bank Chairman Philipp Hildebrand resigned with immediate effect. Hildebrand remarked he could not prove he had been unaware of a currency trade made by his wife and wanted to protect the integrity of the central bank by moving out. Hildebrand’s wife Kashya, a former hedge fund trader, bought 400,000 Swiss francs [...]

Oil Jumps On Iran Anxiety

On Tuesday, oil prices surged with the U.S. crude hitting the highest settlement since May after being fuelled by robust economic data from the United States and China and mounting concern about supply disruption from Iran. Brent crude jumped $5 in late activity and Tuesday’s gains on the first day of trading in the New [...]

Eurozone IMF Loan Target In Danger

Recently, ministers of the eurozone agreed to boost IMF resources by 150 billion euros to ward off the debt crisis and won support for more money from EU allies. However, it was still not clear if the bloc would reach its 200 billion euro target after Britain bowed out. European Union finance ministers said currency [...]