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Tag Archives: downturn
Rise in Oil Prices Due to Post-QE2 Speculative Investing?
Here we go again: the spike in global oil prices that preceded the Great Recession is being repeated. Just three years ago, the price of oil futures on the New York Mercantile Exchange hit $100 per bbl.
Divorce and Taxes: Five Things to Know When Filing Returns
The Great Recession turned out to be quite good at keeping troubled unions together. Divorce rates fell every year in America during the economic downturn
Google says recession worst is over
Google on Thursday declared the worst of the recession over and paved the way for a return to heavy spending on expansion as it reported a surprisingly strong 8 per cent jump in net revenues in its latest quarter. The optimism reflected what the company said was an across-the-board recovery in online advertising, with even the struggling financial services sector showing a return to growth
11 die as bomb explodes in northwest Pakistan
A bomb detonated in the border city of Peshawar on Friday, killing at least 11 people one day after a series of deadly militant attacks rocked Pakistan. The optimism reflected what the company said was an across-the-board recovery in online advertising, with even the struggling financial services sector showing a return to growth.
Puerto Rico braces for ‘people’s strike’
Labor unions called for a “people’s strike” to be held on Thursday in Puerto Rico to protest widespread government cutbacks announced last March in the wake of the economic downturn.
Montenegro: Europe’s New Ski Destination
If your plans to enjoy North America’s famous powder snow and tree-skiing have been derailed by the current economic downturn, why not try a quicker, cheaper and altogether more unusual winter holiday in the tiny but spectacular country of Montenegro? While many European resorts suffer from overcrowding, limited fresh snow and unskiable pine forests, Montenegro’s mountains offer deep, light powder, virtually no people and acres of perfectly spaced beech trees.
Does sex still sell? Adult industry not immune to recession
More than 100 purveyors of adult entertainment waited hours for Edison’s giant convention hall to fill last month, a slow attendance that reflected recessional challenges that nearly all industries have faced.
Durbin:’Time for President Bush to face the reality of Iraq’
Below is the text of Illinois Sen. Richard Durbin’s speech on Wednesday, the Democratic response to President Bush’s address to the nation on a revised strategy in the Iraq war: Such has been the Internet’s phenomenal and dizzying growth that much of the technology which supports it has grown organically and without much forward planning
Prince Harry becomes a birthday millionaire
Britain’s Prince Harry turned 25 Tuesday in the knowledge that he is now entitled to part of the multi-million dollar inheritance left to him by his late mother. Harry was just 12 years old when Diana, Princess of Wales, was killed in a car crash in Paris in 1997