Eurozone leaders have warned of a difficult year ahead, as many economists predict recession in 2012.
Japanese Manufacturers’ Sentiment Turns Pessimistic Due To Strong Yen & Europe’s Debt Crisis
Manufacturing industries are the prime movers in Japan’s economic growth.
The Euro Fell Against Dollar & Other Major Currencies
The euro fell below US$ 1.30 dollars for the first time since 12 January. Against the British pound, one euro bought 83.85 pence, while the pound was worth 1.19 euros.
U.S. General Warns Potential Unrest For European Financial Woes
General Martin Dempsey, Chairman of the US Joint Chiefs of Staff, raises his concern while he spoke at the Atlantic Council in Washington, for a potential civil unrest as European financial woes unfold.
China Experiences Exports To The U.S. & Europe Falling In Demand
China’s exports due to economic difficulties, faces ‘severe challenges’ to its key Western markets as data show a sharp slowdown in export growth in November, the country’s commerce ministry has warned.
Japan’s Economy Rebounds In The Third Quarter Since Deadly Quake
Japan’s gross domestic product grew by 1.5 percent in the three months to the end of September, as the economy rebounded in the third quarter.
New Swiss Parliament Legislation Put An End To Switzerland Famed Banking Secrecy
In February the US indicted four Credit Suisse bankers for helping taxpayers hide money in secret bank accounts.
Global Economy Is On The Brink Of Deeper Job Recession, ILO Warns
The global economy is on the brink of deeper job recession that may spark social unrest the International Labor Organization (ILO) has warned.
Palladium – The Newest Jewelry Fad, A Cheap Alternative To Gold Or Platinum
Palladium is primarily used for industrial especially in the car industry and as components to electronic and computer devices.
Coconut Industry Remains A Big Contributor To The Philippine Economy
The coconut has maintained its position as the top agricultural crop exported in many forms either as food or non-food classified as traditional or non-traditional, to 130 countries.