Archive for March, 2011

  • Tourism of Japan suffers great loss and it will count more>
    Tourism of Japan suffers great loss and it will count more
    The disaster of Japan is undoubtedly massive and the country at present is grappling with the recent situation of reconstructing greater part of its northern region. The country has suffered a massive earthquake of 9 recter scale which unleashed a deadly tsunami. The loss of life and damage to properties has leveled several northern cities of Japan including some parts in Tokyo. The country is suffering from the possible fears of nuclear meltdown. When the situation is so grave in Japan the Euromonitor International Nadejda Popova analyses the impact of the calamity on the tourism of Japan. Although the recent focus on Japan has made the economy stricken with several dangers yet the country was not is a very safe position before this catastrophe if we consider the financial position. During  [...]
    at March 28th, 2011 at 04:03 am
  • Just-in-time production model fails in time of troubles>
    Just-in-time production model fails in time of troubles
    Industrial methods for manufacturing keep changing with the advancement in technology. The just-in-time industrial methods gained prominence in Japan during the period of 1970 to 1980. This kind of industrial method in manufacturing companies opened ways to earn greater profits by reducing the cost of raw materials. The new just-in-time production model initiated by Japan gradually become an acceptable model for every manufacturing firm since the use of computer applications and network of transportation helped to run factories within budgeted raw materials. The just-in-time production model helped to make the supply chain model of every company get orchestrated in various fragments. And it is ensured that each fragment reaches its destination just-in-time to complete the subsequent step of  [...]
    at March 23rd, 2011 at 12:03 am
  • Infosys not shaken by Japan crisis>
    Infosys not shaken by Japan crisis
    People working in the Japan office of Infosys, are supposed to celebrate now as the software company has decided not to shut down it’s Japan office. The company seems to be in high spirits to overcome the effect of the recent devastation in Japan. The ravage brought about by the tsunami and earthquake has caused massive repatriation of Indian employees working in Infosys, Japan. About 200 or more Indian employees have returned to their homeland and the rest of the staff of Infosys that includes local Japanese have been permitted to work from home or from the Osaka office of Infosys. This seems that the company, by any means will not stop its business as is said in Theatre that the show must go on. As per the recent statement of Infosys COO, Shibulal, the business of the software company  [...]
    at March 21st, 2011 at 03:03 am
  • US historic budget deficit is an indicator of recession>
    US historic budget deficit is an indicator of recession
    When global economic circumstances are singing melancholy tune for most of the countries, latest news about US acts as salt over wounds for all. According to the budget report placed by Treasury department of the government of USA, the country’s budget deficit is more than $222 billion. This deficit has made history in America since it is highest one month increase in US budget deficit. As per financial forecast of US government’s spending the budget deficit this time will be more and is supposed to hit $1.5 trillion. This massive figure of budget deficit is expected to cut the tax revenue of the government and government officials are asked to spend funds for stimulating the economy. There is a separate report of Commerce that hints that the figure noted in February is not the highest  [...]
    at March 16th, 2011 at 06:03 am
  • Global economy may soon face a new recession>
    Global economy may soon face a new recession
    Since the civil war in Libya broke out the oil prices have been soaring high. This rise in oil prices created ripples of disturbances among the investors in US stock market. To make the situation worse, political tensions in Saudi Arabia has been kindled which is the major oil exporter presently. The bad news for the existing investors is coming in a sequel as the political tension of Saudi has been followed by the massive earthquake in Japan. All these events have created havoc in the global economic world unstable and investors may feel to revise their investment. The present overturned financial condition across the globe has caused great unrest in the stock market of US. Eminent figures in financial market of US such as Thomas Villalta, a portfolio manager of Jones Villalta Asset Management  [...]
    at March 14th, 2011 at 06:03 am
  • Mortgage rates in America goes down, making the economy go up a little>
    Mortgage rates in America goes down, making the economy go up a little
    The recent trend of reduction in mortgage rates is on full throttle as the rates are dropping further. Recently, Freddie Mac conducted a survey of mortgage rates. The organization which has devoted itself to the mission of stabilizing the American market for residential mortgage, conducted this survey to find the cause of this trend. The survey conducted by Freddie Mac showed that there has been a severe reduction in 30years mortgage rates. The new rate has arrived at 4.95% from the previous rate of 4.87%. This is expected to bring a good boost in the sale of homes. As noted by the analysts of Freddie Mac, the main cause of the drop in mortgage rate is affordability. Since the global economy is on a recession, the American economy is also confronting a downturn. Accordingly, the purchasing  [...]
    at March 9th, 2011 at 03:03 am
  • Three Investments You Need To Stay Away From This Year>
    Three Investments You Need To Stay Away From This Year
    Well, there are certain investments you need to avoid like the plague this year. Of course, some are obvious no-nos, such as email stock advice, there are some which are less obvious things to avoid, and these are related to how the state of the market is now. Time shares The basic idea of a time share is this. You own a property partially. You purchase a period of time in a year where you can use the property. Time shares have been popular with regular holiday goers since ages, where people from two parts of a country or even from different parts of the world can get involved in a time share property and share it for holidays. The basic problem is this, when you want to stop using the property, you can not stop paying for your share. You have to keep on paying unless you sell your share. If  [...]
    at March 7th, 2011 at 07:03 am
  • India – Left Leaning Congress Ups Social Spending by 17 per cent>
    India – Left Leaning Congress Ups Social Spending by 17 per cent
    Pranab Mukherjee, Finance Minister of India unveiled the Union Budget for the financial year 2011-2012 yesterday, 28th February. The new financial year starts from 1st April. The budget focused on a good number of reforms aimed at the poor or the “aam aadmi” (the common man). The budget promised several populist measures such an as increase in social expenditure 17 % and decrease in inflation, especially food inflation. Social spending means the money earmarked for the various welfare schemes by the government to eradicate illiteracy, unemployment and other social evils. Spending was increased for the benefit of education, rural employment, food programs, and agriculture. The poor and rural masses form the large percentage of the country’s population, and are also the core support group  [...]
    at March 2nd, 2011 at 05:03 am
  • Cities are Where the Money Is – Mayors Vs Obama>
    Cities are Where the Money Is – Mayors Vs Obama
    Just a week after the President of the United States Barack Obama and the United States Congress have put forth a suggestion to slash federal aid and grants provided to cities a study reported that cities are the actual economic drivers of the country. In 47 out of 50 states, cities are responsible for the lion’s share in the total economic output of the states. The study was released by the Brookings Institution think tank. The suggestion of cutting grants to cities is part of the ongoing attempt to reduce the federal deficit of the United States which has been projected to go above $ 1.6 Trillion in 2011. The House of Representatives passed a funding bill, the substance of which amounted to a reduction of grants to cities by $ 1.5 billion. This amount makes up 62.5 per cent of what federal  [...]
    at March 1st, 2011 at 12:03 am