Showing posts with label Global Economy. Show all posts
Showing posts with label Global Economy. Show all posts

Wall Street Down!

Some investors again worried about the condition of the economy, this negative impact affected transactions on Wall Street at the end of August.

All three major indexes in The United States (U.S.) in trading Monday (31/8/2009) local time, fell down after China fluctuated in the range of selling arena. Thus triggering concerns that the index has been moving too fast and too high. The decline in China's major index reached 6.7 percent.

September is the worst month in the last 80 years for capital markets, and this begins with the analysts concerns on the actions of investors who are too quick to conclude the economic situation.

The decrease in the index on Monday local time yesterdaywas driven by the decline in shares of energy and materials sectors as commodity and copper prices fell down.

The sentiment caused the Dow Jones index closed down 47.92 points, or equivalent to 0.5 percent to become 9496.38, while the S&P 500 fell 8.31 points, equivalent to 0.8 percent to 1020.62, and the Nasdaq index down 19.71 points equivalent to one percent to 2009.06

Business Perception Rises In Germany

Business perception among German companies for the fifth consecutive year has the highest increase in this August.

These data raise the hope of recovery in the country with the largest economy in Europe. Ifo institute's business survey yesterday said business sentiment in Germany in August rises to 90.5 points from 87.3 points in the previous month.This result is quite surprising given the predictions of analysts surveyed by Dow Jones Newswires estimated a smaller number, only 88.8 points.

Global output on the rebound - Financial Times US

Global manufacturing is clearly on the rebound, with survey reports yesterday showing activity contracting at a significantly slower pace in the US and continental...
NewsRack Mon, 03 Aug 2009 18:30:00 GMT

Pump prices are on the rise - LA Times: Business

Escalating oil and fuel prices could hurt the U.S. and global economies at an sensitive time, reducing the pace of recovery. Those slowly swelling pump prices aren't done yet, energy analysts said, as crude oil futures jumped back above $70 a barrel...
NewsRack Mon, 03 Aug 2009 18:30:00 GMT

US, China facing economic, diplomatic flash points - Boston Globe: Latest

Two days of high-level talks between the United States and China are expected to expose sharp differences on trade and soaring U.S. budget deficits, but the discussion could be more amicable in the area of foreign policy.
NewsRack Sun, 26 Jul 2009 18:30:00 GMT

Economy, environment to dominate US-China talks - Boston Globe: Nation

WASHINGTON - The United States and China kick off talks here today that are expected to highlight Beijing’s unease about its massive holdings in federal bonds, Washington’s desire to reduce China’s reliance on exports, and the need for ...
NewsRack Sun, 26 Jul 2009 18:30:00 GMT

Report Sees Recovery for Global Tech Firms - International Herald Tribune: Business

After suffering the steepest fall, Asia has also recovered the most rapidly, according to the O.E.C.D. Through June, there was no recovery yet in the United States.
NewsRack Sun, 26 Jul 2009 18:30:00 GMT

Ahmadinejad declares election clean and fair - Twincities.com: Nation

TEHRAN, Iran. Iranian President Mahmoud Ahmadinejad on Tuesday sought to put the turmoil over the disputed presidential election behind him and declared on national television that the contest was clean, fair and marked the start of a new era.
NewsRack Tue, 07 Jul 2009 18:30:00 GMT

Pope calls for overhaul of global economy - Twincities.com: Nation

VATICAN CITY — Pope Benedict XVI on Tuesday called for a radical rethinking of the global economy, criticizing a growing divide between rich and poor people and urging the establishment of a ''world political authority'' to oversee the economy and ...
NewsRack Tue, 07 Jul 2009 18:30:00 GMT

Obama confers with world leaders in Italy - Boston Globe: Latest

President Barack Obama is embarking on three days of multinational talks about climate change, the global economy and world hunger in the second and most policy-laden stop of his three-nation, weeklong trip.
NewsRack Tue, 07 Jul 2009 18:30:00 GMT

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