Tag Archives : global recession

The global economic downturn has taken a serious toll on the United States as the world’s most powerful country witnessed a tragic hike in its unemployment rate, that now stands at 10.2%. This unfortunate statistical figure has been attributed to the massive layoffs being done by the companies to save their own existence during this recession [...]

The US retails sales continue to remain sluggish after all these months of global recession. The sales figure for the retail industry showed the highest amount so far this year in September 2009. The sales figure was down by 1.5 percent, according to the US Commerce Department, but did better than it was expected. The consumer spending is a huge part [...]

Moldova is said to be evading the global economic crisis. There are no miraculous strategies or ingenious troubleshooting tricks involved, just good old-fashioned attitude of preventing the fall which is no less ingenious. In Moldova, people keep their money in the drawer and spend only what they have. They pay in cash. They trust cash savings. “We [...]

Globalization is really the primordially operational definition of the internationalization of financial markets, trade, and commerce. The term has earned a certain stigma because, unfortunately, the world stage can never be a democratic level playing field as far as trade is concerned. Thus, globalized trade can result in global trade imbalance that [...]

Since the recession devastated the global economy, companies all around the world have been forced to lay off a majority of their employees, just to stay afloat and not be decimated by the global economic downturn. However, those who lost their jobs haven’t exact;y stayed home and wept about it. Many of such individuals started looking for greener [...]

Different measures are being undertaken to tide over global economic meltdown. Industries are being forced to cut costs. This also means a cut in advertising costs and re-evaluation of all forms of advertising options and revenue returns. Even online banner ads and display ads are under scanner and many are speculating that they may not survive [...]