Financial & Business updates

your business and financial updates to better equip you.

China’s inflation worries!

China’s inflation worries!

China GDP Grows By 9.5% in Q2 2011 China’s Q2 Gross Domestic Product (GDP) declined to 9.5%, from the 9.7% expansion in Q1 2011, according to data from the National Bureau of Statistics of China. Global economic analysts had anticipated a growth rate of 9.3% following the Peoples Bank of China’s (PBoC) recent increase in […]

More

The ECB and Portugal’s financial crises

The European Central Bank (ECB) raised interest rates by 25 basis points (bp) to 1.5%, the second time in three months, and raised fears of further possible hike later this year to tackle inflation despite euro zone debt crisis. The ECB also offered to help Portugal, after ratings agency Moody’s downgraded its debt to junk […]

More

The monster called – Inflation

The monster called – Inflation

THE EURO ZONE Inflation Remains Unchanged at 2.7% in June 2011 According to the Statistical Office of the European Union, the Eurozone annual inflation remained at 2.7% in June from May 2011 figure amid expectations that it is likely to inch upwards to 2.8%. Earlier in April, the European Central Bank (ECB) increased the policy […]

More

The Greece austerity measure – a dilema

The Greece austerity measure – a dilema

The United Nations independent expert on foreign debt and human rights has said that the austerity measures and structural reforms proposed to solve Greece’s debt crisis may result in violations of the basic human rights of the country’s people, the Office of the High Commissioner for Human Rights. “The implementation of the second package of […]

More

High crude oil price or world trend inflationary economy

High crude oil price or world trend inflationary economy

International Energy Agency (IEA) announced last week that 60million barrels of crude oil will be released to the market. This is to cushion the shortfall in supply by OPEC, as a result of the ongoing conflict in Libya and a few other Middle East Countries. The United States also announced its readiness to release half […]

More

Spiritual Consultant


UA-24470018-1