In the recent few years, the accelerating shift in economic power to emerging economies from developed economies is dramatically changing the global industries across the world. This is evident from the fact that while the developed economies of the world are facing the brunt of financial crisis and recession these days, emerging economies including Brazil, [...]
Posts Tagged ‘financial crisis’
How Big Will The Emerging Markets Get?
May 9th, 2012 
admin 
Posted in Blogging 
Tags: developed economies, emerging economies, emerging markets, financial crisis 
No Comments »United States Growing At 2-3 Percent Rate
January 28th, 2012 admin 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 [...]
Swiss Central Bank chief quits
January 11th, 2012 admin 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 [...]
Barack Obama warns of possible recession ahead
May 20th, 2011 admin President Barack Obama recently warned that the US risked plunging back into recession if a standoff over the US debt ceiling lingers. This comment came in response to a statement by a top Republican that he was ready to cut a deal. From news.yahoo.com: “If investors around the world thought that the full faith and [...]
Strong recovery for aviation industry in 2010
March 7th, 2011 admin The Economic Survey has revealed that the civil aviation industry experienced a strong recovery in 2010 with the domestic passenger traffic rising 19 per cent to 51.53 million. This was despite the fact that the industry was hit hard by the global financial meltdown and high fuel cost. From in.finance.yahoo.com: “The civil aviation sector in [...]
