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Tag Archives: recession

Global Economy on Brink of Total Collapse

Till last week it was only the European economy that was in crisis, with new statistics coming in, it is now confirmed that the U.S. and the Asian Economy are also falling fast, as a matter of fact too fast for comfort. It has been the same since the 2008 recession, through it might seem like the economy recovered after ... Read More »

Germany gives up Nuclear power plants

Germany has become the first nation after the Japan fallout to announce a complete shut down of Nuclear Power Plants by 2022. Way to go Germany. You deserve a standing applause! Nuclear Energy which was once thought to be a blessing for Power generator has became an headache since its origin.  In the span of 50 years, we came across ... Read More »

Japan in Recession!

Japan is officially in recession. The devastating Earthquake and Tsunami has pushed Japan into worst stage of recession. The technology boom Japan was the one of the few countries that  battled out the 2008/2009 recession thereby giving hope for the other countries to battle out recession. However, Japan has become the first country to enter Recession this year 2011. According ... Read More »

US unemployment touches new low

US unemployment rate has been continuously falling down as per authorities. From 8.9% this feb, it has gone down to 8.8% last month that is March 2011. However, it is unfortunate to report that most job seekers have been pushed to elect the low paying jobs for their livelihood. According to the US Department of Labor, Employers created 216,000 jobs ... Read More »