Category Archives: News

Greece: Recession is Knocking at the Door

The condition of economy of Greece is not good at that moment and the government needs to do something radical to save the economy. It is difficult because many people in the country are suffering and they perhaps can not tolerate more suffering. However, there is little hope of any solution or any recovery unless [...]

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Should Obama Put Tax Money for Job Creation Now?

In 2009, Obama administration put a lot of tax pay as money to bring the economy out of recession. In 2010, the USA economy is somewhat out of recession danger zone but the reality is that the life of people is still tough. The main problem is that most people who lost jobs during the [...]

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Impressive GDP Growth for US Economy in last Quarter of 2009

At last, there is some hope for the US economy as there has been positive growth in the last quarter of 2009. In October to December 2009 quarter, GDP growth was 5.9% compare to the same time of 2008. As a result, there is now perhaps a sense of optimism that economic recession will gradually [...]

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Coke will acquire the North American operations of Coca-Cola Enterprises

On February 25, 2010, American soft drink giant, Coca Cola, announced that it is going to acquire the North American operations of its largest bottler, Coca-Cola Enterprises. For the last twenty four years, Coca-cola kept its bottling business separate from its soft-drink business. New York Times reports:
“We have a strong and unrelenting belief in our [...]

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Only Tough Times Ahead for Greece

Greece is not a rich country in Europe and it has a history of economic problem. Right now, the country’s economy is suffering mainly from the effects of economic recession. Many people in Greece are not happy and they think that it is not their fault. They are just suffering for the mistakes of richer [...]

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Mounting Tension on US China Relationship

It seems that USA is now in serious conflict with China over a number of issues. Some of the issues are political and some are purely business related matters. Now, Chinese government is very angry that Obama is meeting with Tibetan spiritual leader Dalai Lama. This is perhaps one of the few problems that have [...]

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Barack Obama Should on the Economy Now

US President Barack Obama is under increasing pressure at this moment from the media, his own party and from the ordinary people to do something about the economy. The time of budget is coming very soon and Obama will have to think of the matter that the mid-term election for Congress is going to happen [...]

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Some Good News for Job Creation in USA on January 2010

At last, some good news for the US economy, as the rate of unemployment in that country has decreased to some extend in January 2010. Thus, stats for January 2010 are out and it is nice to see that now the unemployment figure is under 10% and actually it is 9.7% in January. Only 20,000 [...]

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Obama: Budget Deficit is becoming a Bigger Challenge

If you think that job creation was the biggest problem for President Obama then perhaps you are wrong because it seems that budget deficit is even a bigger problem. It has already reached to alarming level and something should be done as soon as possible. The main problem for president Obama is that at this [...]

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Job creation is the biggest challenge for Barack Obama

Day before Yesterday, Barack Obama gave his state of the Union address. He tried to assure the people that his administration understood the misery of ordinary people. It is the year of mid-term election in congress and that is why, Obama mainly talked about the issues that American people want to hear most and naturally, [...]

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