public marks

PUBLIC MARKS from bacon with tag economic

March 2009

Lawrence H Summers on the Crisis!

President Barack Obama’s top economic adviser, Lawrence Summers said that he is confident that the administration’s plan to boost growth and revive financial markets will work, though he acknowledged that the timing of a turnaround is uncle...

February 2009

Ford's Bill Ford and Alan Mulally will take 30 percent pay cuts!

The automaker Ford says two top executives will take 30% pay cuts in an effort by the company to conserve cash. The reductions will apply to Chief Executive Alan Mulally and Executive Chairman Bill Ford Junior, and will be in effect this year and next....

Rio Tinto and Chinalco; $19.5bn injection: China’s biggest foreign deal

Rio Tinto, the third-biggest diversified mining group by market value, announced last week it had held talks with Chinalco about selling it convertible notes and stakes in some assets. A deal with Chinalco may help dampen investor concerns over Rio&#82...

December 2008

Business Roundtable an association of chief executive officers: CEO Economic Outlook Survey

The Business Roundtable CEO Economic Outlook Index -- which reflects expected sales, capital expenditures and employment figures for the next six months — contracted to 16.5 in the fourth quarter of 2008, according to results released today; ther...

Benefits of an Economic Recession

A lot of people think that an economic recession is bad. While that is partly true, there are certain benefits. When the economy is in recession, it won’t be long that you will get a check from the Internal Revenue Service or IRS. This may amount fro...

Behind the Hitch: The Causes of Economic Recession

An economic situation in which a country’s gross domestic product or output is sustaining a negative growth for at least two consecutive quarters or six months is called an economic recession.  For the National Bureau of Economic Research (NBER), ...

Defining an Economic Recession

The United States has been experiencing economic recession since early of the year 2008.  Latvia, Estonia and Lithuania are also at risk of facing economic recession for the next 12 months.  While Canada, Britain and Japan may  foresee a recession i...

Economic Recession: A Wake Up Call

Economic recession is an event that nobody seems to be happy hearing.  Every time recession is being mentioned in casual conversations, it seems that everybody participating shudder in fear anticipating the worst. An economic recession is an economic ...

Economic Recession and How to Deal with It

Economic recession may be a new term in your ears but in essence, it is actually a common economic term used to refer to the slowing down of economy. You see, a country’s economy follows a natural cycle. Sometimes it’s up and sometimes it&#...

On the Dole: The Effects of Economic Recession on Employment

There is a lot of talk about economic recession nowadays.  People are complaining how economic recession is making their lives worse. The economic recession often refers to the two quarters of negative economic growth.  A severe recession which lasts...

Redundant Women: The Effects of Economic Recession on Women

Economic recession is defined to be a period of time (two consecutive quarters) where there is dismal or negative growth in an economy of a specific region or country. Economic recession has different effects on each sector of a nation. A particular se...

Young and Jobless: The Effects of Economic Recession on the Youth

Economic recession not only affects those who belong in the working class or the generation involved in labor. Children and the youth are getting affected by economic recession and poverty so much, that these children sometimes never acts their age or ...

Economic Recessions Are Normal

An economic recession is normal because it is part of the business cycle. This usually happens after the economy recovers, expands and then slows down again which usually last for 2 to 4 consecutive quarters. Unlike the four seasons we experience every...

Economic Recession and What it Can do to You

A country’s economy operates in a cycle. Sometimes you are up and sometimes you are down below. An economic recession is the low part of that cycle. People do not notice that it is happening before because government was swift to act on it and it...

Economic Recession: What You Should do to Prevail

Economic recession, when you consult the books, is actually pretty common. Economy like everything else in life is a cycle. There are ups and there are downs. After enjoying fruitful years in the past, this is United State’s time under the wheel....

Far-Reaching Economic Recession

In mid-2008, we might be facing an economic recession in global proportions. There are important factors that caused this economic slowdown. These include the high oil prices which will lead to high prices of food. Since food production is dependent on...

The History of the American Economic Recession

This year, there have been murmurs that the United States is entering, again, into an economic recession. Although the National Bureau of Economic Research still has not release any formal announcement regarding this, American people are starting to ex...

Economic Recession, Tips to Deal with It

Economic recession may be a normal part of the economic cycle but this does not mean that it is easy dealing with it. In fact, a lot of people have already been burned by this problem in the United States. Times are tough in the country and more and mo...

How Can Your Business Survive an Economic Recession?

Your business will surely be affected during an economic recession. If you don’t find ways to make it ride out the storm, chances are you will have to file for bankruptcy and close. Fortunately, there are things you can do to keep it afloat. Remember...

How Can You Survive During an Economic Recession?

An economic slowdown can happen at any time so you should be prepared for it. Here a few tips so you don’t get caught with your pants down until things get better. 1. If you are in debt, get out as quickly as possible. If you need help, see if you ca...

Road Sign Ahead: Signs of Economic Recession

An economic recession is defined by a negative growth in gross domestic product for two consecutive quarters.  In other words, the gross domestic products are decreasing in production.  Recession is a national or world even regional event. Economic r...

What is an Economic Recession?

What is an economic recession? This occurs when there is a significant decline in the economy which usually lasts for months. This is visible in terms of consumer spending, employment, industrial production, real income and wholesale trade. A technical...

Collateral Damage: Suicide and Economic Recession!

Economic recession and depressions are well known to bring about depression and suicidal risks. There are stories of businessmen jumping out of windows following the stock-market crash of 1929. Unknown to many, people who commits suicide in the wake of...

Teaching Your Kids to Save During Recession!

Economic recession is taking its toll. A lot of Americans right now are feeling the heat of the tight times as more and more people are losing their jobs and losing their homes. High prices of gas and basic commodities are also making it harder for Ame...

What Economic Recession is all About for low wage people?

Economic recession is gripping the United States right now and people just don’t know what to do about it. In truth, economic recession isn’t something new anymore. In fact, it has been happening all through out the decades. People don’t ...

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