Posts tagged as: recession

Frantic efforts to come out of recession: The US looks forward to Turkey for help

Frantic efforts to come out of recession: The US looks forward to Turkey for help The U.S. Department of State’s Global Entrepreneurship Program (GEP) will lead a delegation of American entrepreneurs and early-stage investors to Turkey May 29 to June 2. The delegation will be led by the State Department’s Special Representative for Commercial & […]

Chinese economy in the thick of recession but government stays unmoved – Part 2

One factor behind ignorance is the multi-year transition of Chinese leadership that happens once in a decade. The Communist Party is on the verge of transferring the responsibilities to their successors and their plan is to do nothing until the next generation makes it to the helm. However, there are some things that the corporate […]

Chinese economy in the thick of recession but government stays unmoved – Part 1

The Chinese economy is tumbling down but Chinese leadership seems to ignore the fact and along with the leadership is Justin Yifu Lin, chief economist for the World Bank, who supports the ideology that the economy will continue to grow. In the latest statement, the chief said: “China has the potential to achieve another 20 […]

Chinese economy facing another recession period, latest findings suggest

Latest statistics show that China’s economy is experiencing a hard landing. When the numbers were crunched earlier this month, the results were appalling as the month of October showed a massive downfall in the inflation rate and lack of demands on the retail front. The inflation rate had been wrongly aired at 16 percent last […]

Federal Reserve Bank replies to the Republican’s letter

Since the Obama administration took over the House of Presidency, The White House, government has been fiddling with US economy with so-called innovative and unconventional methods. Although it was not the Obama regime that brought the US economy to its knees, the War on Terror and investment banking’s love affair with real estate and derivatives-driven […]

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