Archive for August 29th, 2009
Stiglitz: Tehnic, atunci cand ai crestere pozitiva, unii cred ca recesiunea s-a incheiat. Fals!
Posted by Bancherul.com in Economie on August 29th, 2009
"La nivel global, punctul cel mai de jos al crizei a trecut, dar economia e fundamental slabita. Economistii definesc recesiunea atunci cand ai doua trimestre consecutive de scadere economica. Tot ei spun ca atunci cand treci pe plus, recesiunea e terminata. Nimic mai fals. Majoritatea oamenilor percep recesiunea ca pe un mediu in care nu isi mai pot gasi un loc de munca. Pentru manageri, e atunci cand nu ai pentru cine produce", scrie Dan Popa, pe blogul lui, citand un interviu acordat de Joseph Stiglitz, laureat al premiului Nobel pentru economie, revistei franceze Challenge.
Opposition looks to reshape Japanese economy (AP)
Posted by Bancherul.com in Finance News on August 29th, 2009
In one of the most heated political contests in recent memory, Japan’s opposition party is courting voters with an enticing promise: monthly cash for kids.
Meltdown 101: Why banks’ struggles have worsened (AP)
Posted by Bancherul.com in Finance News on August 29th, 2009
Despite signs of an improving economy, the nation’s banks are still struggling — in fact, the pace of bank failures has accelerated.
Opposition looks to reshape Japanese economy (AP)
Posted by Bancherul.com in Finance News on August 29th, 2009
In one of the most heated political contests in recent memory, Japan’s opposition party is courting voters with an enticing promise: monthly cash for kids.
China’s CIC wealth fund muscles up as markets recover (Reuters)
Posted by Bancherul.com in Finance News on August 29th, 2009
China Investment Corp is investing as much overseas each month this year as it did in all of 2008, Lou Jiwei, the chairman of the $298 billion sovereign wealth fund, said on Saturday.
Meltdown 101: Why banks’ struggles have worsened (AP)
Posted by Bancherul.com in Finance News on August 29th, 2009
Despite signs of an improving economy, the nation’s banks are still struggling — in fact, the pace of bank failures has accelerated.
Stocks mostly lower; Nasdaq buoyed by Intel news (AP)
Posted by Bancherul.com in Finance News on August 29th, 2009
Investors balked at extending the market’s recent rally Friday despite an improved outlook from Intel Corp. Stocks closed mostly lower, as losses among health care stocks offset small gains in technology companies.
Business events scheduled for the coming month (AP)
Posted by Bancherul.com in Finance News on August 29th, 2009
TUESDAY, Sept. 1 NEW YORK — The Institute for Supply Management releases its manufacturing index for August, 10 a.m. DETROIT — Major automakers report U.S. auto sales for August.
2 companies, 2 execs indicted in tunnel deaths (AP)
Posted by Bancherul.com in Finance News on August 29th, 2009
Two companies and two executives accused in the deaths of five workers in a 2007 fire inside a tunnel at a Colorado hydroelectric plant have been indicted on federal charges.
Fitch Affirms Fresno County, California’s Pension Oblig Bonds at ‘A’; Outlook Stable (Business Wire)
Posted by Bancherul.com in Finance News on August 29th, 2009
SAN FRANCISCO—-As part of ongoing surveillance, Fitch Ratings has affirmed the ‘A’ rating on Fresno County, California’s outstanding taxable pension obligation refunding bonds, series 2004.
