Posts Tagged ‘economic recession’
There is a growing fear that Japan is quickly moving towards a prolonged recession and because of these fears its industrial production and consumer spending have considerably dropped.
In October, Japan’s industrial production dropped by 3.1 percent that was quite faster than expected.
Similarly, 3.8 percent drop was noticed in year on year consumer spending during October and it was also quite faster than analysts were expecting.
Richard Jerram, a Macquarie Securities economist, described the figures as ‘dreadful’.
Takumi Tsunoda, who is a senior economist at Shinkin Central Bank Research, says in this connection, “We weren’t expecting such quick falling in production, but many companies have been adjusting their production quite fast.”
Time Warner has made a plan for a major surprising result for its combating internet venture AOL after it looked a steep diminishing in the subscriber numbers.
The media giant said, “It had taken some severe steps to dislodge the AOL’s content and access operations by the coming term”
The analysts suppose this could cover the distance for one or both of them to be sold by a deal.
The action of the strategic variations came as Time Warner reported a 28% decline in second-quarter lucrative, however said it was quite contented along with its great performance.
The company’s adding-granted ventures are suffering from the economic-recession which has shattered all media ventures. Read the rest of this entry
Signs of big economic-depression
Earlier we talked about economic recession, but it’s time for economic depression indeed as the oil prices peaked at $143 per barrel in the United States creating a mammoth amount of inflationary circle and economic depression.
Unfavorable future economic conditions
The analysts estimated that oil prices would incline to $ 200 per barrel in the U.S within next 16 months showed declining economic markets all around the world.
Euro-protestation against prevailing inflation
A great agitation and protestation seen in the European countries like France, Spain, Portugal, Holland, Austria, Italy, Germany, Greece, Turkey, Russia, etc. The people indulged in absolute depression, trauma, agitation, hypertension, irritation, and agony by seeing this heavy economic decline.
As the time passing on, the violence and agitation are cruising along worldwide and this is happening only because of the recessionary phase of the economic and trade cycle. The analysts claimed it as the result of high oil and gasoline prices so-called inflationary phase.
The oil prices increased just about $140 per barrel led millions of truck drivers into agitation against the regimes all around the world. In this way, the people of the United States are becoming rebellion day by day against the regime of the President Bush and they are saying that it is totally unfair to enhance the oil and gasoline prices within a short span of time.
