Posts Tagged ‘Recession’

am i correct in saying that whilst other countries are in recession the situation is not as bad the uk and usa?

Saturday, April 16th, 2011

my thinking was their economies are only contracting by small amounts ie 0.1 -0.3% rather than 3-6% for example

Why is OBAMA warning us all of a double dip recession?

Tuesday, April 5th, 2011

All the liberals here are touting that Obama’s smoke and mirrors, cash for clunkers, and billions in borrowing, has somehow “fixed” the economy, and things are improving…

Now that the Messiah says we’re STILL circling the drain, what is the excuse this time?

Is it still Bush, or are they formulating a new excuse for Obama’s gross incompetence.

http://business.timesonline.co.uk/tol/business/economics/article6922325.ece

House price rise checked by confidence at recession levels

Saturday, April 2nd, 2011

What design do you demand from a golf course?
Nearly a century may have passed since the visionary course designer and former surgeon and teacher, Dr. Alister MacKenzie laid down his 13 rules on how to create a golf course in 1920. But following a survey of dozens of the world’s finest course architects, little seems to have changed, a decade into the 21st century.

Read more on GOLFmagic

Why aren’t girls taking ballet lessons any more?
The Royal Academy of Dance has spotted a sharp drop in exam registrations – and our doldrum economy is to blame You’d think the recent glut of TV dance shows, and the success of ballet film Black Swan, would have us dropping by the nearest children’s tutu and legwarmer shop, and signing our little darlings up for ballet classes pronto. Not so, according to The Royal Academy of Dance. The academy …

Read more on Guardian Unlimited

House price rise checked by confidence at recession levels
House prices edged up in March but this was unlikely to mark the beginning of a strong upturn for the market, said the Nationwide as consumer confidence stagnated at “depths seldom seen”.

Read more on Daily Telegraph

United Kingdom’s position on climate change and global recession?

Sunday, December 26th, 2010

I am preparing for an upcoming Model United Nations conference and I need to research on UK’s environmental and economic stance (under Gordon Brown).

What does UK plan to do about global warming? Are they prepared to invest money into greener technology and sustainable development?
Also what are UK’s plans to ensure a steady recovery for global economy? Any citations will be welcomed.

Thanks in advance!

Does recession still have grip on economy or Is Economy in grip of recession

Monday, December 6th, 2010

Does recession still have grip on economy or Is Economy in grip of recession


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Home Page > Business > Customer Service > Does recession still have grip on economy or Is Economy in grip of recession

Does recession still have grip on economy or Is Economy in grip of recession

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Does recession still have grip on economy or Is Economy in grip of recession

By: anupama

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Find more information about Does recession still have grip on economy or Is Economy in grip of recession.

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The fear of recession looms all over the world. Weakening of the American economy is bad news, not just for India, but for the rest of the world too. 

India has grown substantially over the past few years with major outsourcing deals from US , UK and Australia. Indian exports too saw major success in the past .

According to experts the long term prospects for India are stable. Chances of more foreign currency coming India is more due to weak dollar. Inflation might be brought down with the oil price coming down.

Service industry which includes KPO, BPO , IT and ITES etc is supposed to be the worst affected in India as 52% of India’s GDP growth. However, due to the cheap labor and quality performance, these industries are not facing severe job losses.There is no threat to the skilled people. According to NASSCOM India will have a shortage of about 5 million skilled people in IT/ITeS. So there are lots of opportunities.

In addition to this India’s growth in travel, tourism and power industry will improve and we don’t have to actually depend on the US for our growth.

Innovations and exploration of new opportunities can be done meantime, in order to ensure that India does not remain dependent on US economy. 

The interdependencies between the US economy and emerging economies like India and China has reduced considerably over the last two decades. Thus, the effect may not be as drastic as would have been the case in the 1980s. 

No sector has a dominant influence on earnings growth and risks to our estimate are limited. Corporate India is also learning to master the art of efficient capital management, reduction in costs and delivery of value-added services to sustain profit margins. Further, interest rates are expected to be stable primarily due to control over inflation and proactive measures undertaken by the RBI. 

As 75% or more of their revenues related to the IT Enabled Services comes from Unites States and if Fortune 500 companies slash their IT budgets, Indian firms could be adversely affected. However instead of looking at this situation as a threat, the sector would do well to focus on product innovation. If this is done there is no doubt that India can emerge as a major player in the IT products as well.

Over the past couple of months, fears of a slowdown in the United States of America have increased. The impact of the sub prime crisis along with a slowdown in mortgages has led to a significant lowering of growth estimates. Since the United States dominates the global economy, any slowdown there would have an impact on most of the global economic variables.

For India, it could mean a further appreciation in the rupee vis–vis the US dollar and a darkening of business outlook for sectors dependent on US companies. The overall impact of a US slowdown on India would, however, be minimal as the factors driving growth here are more local in nature. Unlike the rest of Asia, India is a strong domestic demand story, so any slowing in the US is likely to have a more muted impact on India. Strong growth in domestic consumption and significant spending on infrastructure are the two pillars of India’s growth story. No sector has a dominant influence on earnings growth and risks to our estimate are limited. Corporate India is also learning to master the art of efficient capital management, reduction in costs and delivery of value-added services to sustain profit margins. Further, interest rates are expected to be stable primarily due to control over inflation and proactive measures undertaken by the RBI.

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Find more information about?Does recession still have grip on economy or Is Economy in grip of recession.

Is Canada going into recession following UK/US?

Thursday, November 25th, 2010

With rock solid CAD$ exchange rate and probably the most stable in demand currency in world at the moment CAD$.Canada have a solid economy and GDP. Can Canada anytime enter into recession?Can the recession may effect CAD exchange rate too?

BANK BAIL OUT (UK RECESSION) Why Doesn’t the Government Just…….?

Monday, November 15th, 2010

With the economy on its ar*e and people loosing their jobs left right and centre. why doesnt the government just clear the personal debt or give each person 2 million pound each.

with a population of just short of 61 million giving each of us 2 million to clear debts and live happy, it would only cost the UK 122 billion instead of the 500 billion the banks have managed to P**s up the wall….. we would then have 378 billion that could go to good use
Surely it wouldnt matter about how much debt you have, we would all at least have a level playing field by oweing nothing,

OK the 2 mill may be an over exageration however isnt giving the banks 500 billion printing money then???
if not the above then why doesnt the government just give me 2 million so i can get out of this excuse of a country……

Are we in a recession? [AS busines] help please…?

Friday, October 29th, 2010

Hi can you help me with this question –

The Bank of England governor and an influential think tank have predicted that the UK economy is likely to sink into recession in 2009,according to today’s BBC news. Do you agree with this prediction and is it all bad news, i.e. will some businesses benefit from the downturn? What do you think Thanks.. x
please write the answer simplistically.. x

Will London/UK job market recover from the recession by 2012 or much later? What r your thoughts & predictions?

Friday, September 24th, 2010

I am from London, but I am now living in Australia and I was trying to predict when would be the best time to go back to the UK and work on a short term basis? According to the news the effects of the recession could last 5 – 10 years, but I was also wondering if the 2012 Olympics would have a good effect on economy and job market?

Also, I am intending to save up my pounds and convert it back into the australian dollar.

Did the Uk come out of the recession in the 1980′s better or worse that when it entered it?

Sunday, September 19th, 2010

So was the Uk’s economy better off, due to what thatcher did, even with the recession? or was it worse?