The much publicized
Black Friday and
Cyber Monday deals are the last pieces of a sales strategy that most retail outlets and stores are trying to resort to so that they can save themselves from the evident faltering sales besetting most business sectors today. These are of course different from the usual holiday shopping spree but as we all know, this year’s Christmas sales are not expected to be as profitable compared to past years.
Finding ourselves in the worst crisis since the 90’s is one thing but the bad ...
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The financial bailout seems to be coming in installments. Initially it was counted in millions and then billions. Now it has risen to trillions. Care to try zillions next?
The economic disaster besetting the whole world is apparent. In fact, if billions cannot save companies from a bailout, would trillions do the trick? The next thing you would know is that it is not enough as well as we see practically the whole world at the mercy of debt issues created no other than man himself.
We see companies ...
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Citigroup can heave a big sigh of relief these days. Facing the prospects of the worst financial disaster in ages, the U.S. government granted a $20 Billion financial bailout to the threatened group, hopefully strengthening the financial backbone of the country. The news had quite an impact as stocks soared when the
Citigroup bailout was announced.
The question is on whether this was enough and up to when it can be sustained. It is no secret that Citigroup is only one of the many companies that are facing bankruptcy ...
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Just what impact does the impending financial crisis have on the economic woes of the United States and the world today? Well for one, if the big three namely, Chrysler, Ford and General Motors would fold, the impact on the automobile industry will severely dent their economy and push the United States further down the lines of economic catastrophe.
The makers of the original American muscled cars has obviously made the U.S. government stand on their feet, placing one part of their business sector on the crossroads of losing not ...
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Businesses continue to flounder and among the notable statistics you may have read on is that of the sharp decline in consumer buying since the celebrated economic crisis some months back. This is not surprising considering people are feeling the strains of a battered economy. Consumer spending has dipped profusely and if companies do not act quick, they may find themselves sinking deeper in debt.
So as a company, what would you do at these times of crisis? Well for one, you could try and come up with some special ...
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They call it China’s Stimulus Plan while others call it the New Deal. With no aid being set aside to attend to the Asian countries, no other than China itself has stepped up and laid out a new plan to help faltering global markets particularly in Asia. The act does seem commendable and has shown a bright ray of hope. However the fact remains, how good is it and up to where can it aid a faltering Asian market? If it does succeed, will the world follow?
Do remember that ...
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After
Barack Obama was proclaimed the 44th President of the United States, the economy looked like it was rebounding. At least for a day that is. Well it did, but similar to some developments in the past such as the approval of the financial bailout issue, stocks only improved for over a day. After that, everything went back to normal as most people were trying to think of a way to help the faltering economies of today.
Apparently it takes more than politics and intervention to help address ...
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It has been almost a week and nothing significant has been heard of with regards to the state of businesses and economies around the world. What gives? Apparently the whole focus is on the results of the elections which is currently underway to which Obama and McCain are slugging it out for the right to be proclaimed the President of the United States. At the moment, Obama holds a precarious lead but with the ballot counting underway, anything can happen.
The mindset of most people is an Obama victory. ...
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