Archive for the ‘World financial crisis’ Category

Ten Percent Unemployment Before 2010

Saturday, May 23rd, 2009
No matter what the EU leaders and G20 members say, unemployment is still soaring. In the United States, companies are still firing their employees to remain ahead in their game. [...]

Arrow Electronics Kinder to Employees

Wednesday, May 13th, 2009
To avoid firing a significant chunk of its twelve thousands employees, Arrow Electronics is looking to mandating certain components of its wage system. This would be a far kinder move [...]

Even Paper Manufacturers are Feeling the Heat

Thursday, April 30th, 2009
How deep is the crisis? How deep is deep? What industries are involved in the deadly pirouette to bankruptcy? Just recently, the company International Paper shut down one of its [...]

No One Wants the Stanford Bank

Friday, April 24th, 2009
In Venezuela, the only bid for the Stanford Bank was $58 million. Too low for the government’s taste, and so they simply shut down the auction. They plan to reopen [...]

Overhauling the Banking System Seen as Solution to European Credit Crunch

Monday, April 20th, 2009
Beyond the sad borders of the United States lies another giant. The giant is Europe, and when there’s a territory as large as Europe, a credit crunch is never a [...]

Uneven luck throughout the financial system

Tuesday, April 7th, 2009
When one thinks about it, some people or financial groups within the global financial system are safer than others. Investment-wise, some folks are luckier than some. Take for example some [...]