Tag Archives : economic crisis

Another G20 summit coming up, another potentially missed opportunity to talk about the really crucial talking points such as China. In the attempt of rich countries ‘to put the world to rights in a trendily broad and inclusive way’ on the way to the up and coming International Monetary Fund summit in Istanbul, talks might once again fall on the [...]

The Brazilian nikkeis are the third largest immigrant community from Japan and they, without a doubt, were more affected for the global economical crisis in the country. With their work visas, created especially for them, many Japanese Brazilian ethnic returned in the last decade to Japan, the country that their ancestral ones left one century ago. They [...]

The economic crisis has sure given the whole world a jerk, but it seems to have some affirmative outcomes too. Netherlands would probably thank the recession for this. Scheduled to start in December, the country is looking skywards for its largest building ever, the 150 meters high De Rotterdam to be completed by 2013. The Dutch architects from Office [...]

The International Labor Organization estimates that as much as 231 million will be unemployed this year. The director general of the ILO, Juan Somavia of Chile, says that the financial crisis has become a ‘global job crisis.’ He reports, “The global unemployment could affect 231 million people in 2009, an increase of 52 million as compared to [...]

Justifying his plans is Obama’s toughest ordeal at the moment. He and his team might just be passing through the eye of the needle after Treasury Secretary Timothy Geithner’s faux pas in not being able to avert the multimillion bonuses given to AIG executives. In reality, Obama’s litmus test is convincing people of his preparedness to deal with [...]

With the thought that it is possible to stabilize the US banking system without it being forced into nationalization, the US Treasury Department has finalized its plans to ease the burden of toxic real estate debt that strangles the economy in the greatest crisis that has ever happened in seven decades. The initiative involves combining public and [...]

The managing director of the International Monetary Fund (IMF), Dominique Strauss-Kahn, said that the world is immersed in a crisis of ‘extreme gravity’ and that it will not recover until the financial systems have been ‘cleaned.’ “To be frank, the situation is extremely serious,” he admitted at a meeting in Geneva organized by the International [...]

There are a lot of managers but very few leaders. The difference between managers and leaders is the method they use on their followers or subordinates. How they motivate people to believe in them and follow their orders determines the quality of how they conduct the activities at their level. In other words, how a person engages other people for the [...]

Managers manage organizational resources, timelines, and logistics. Leaders influence people and sway their attitudes and behavior towards what will make the organization more efficient and effective. Managers take on the job that mandates and necessitates planning, organizing, control, coordination, directing, budgeting, strategizing, making decisions, [...]

Due to the global economic crisis, Japanese manufacturer Nissan very recently announced that it will close down 20,000 jobs worldwide on a staggered basis until March 2010. It will not shut down any factory, though. The company has been incurring losses, too. Between October and December, Nissan had a net loss of 83.2 billion yen ($915 million). For [...]