Overall public around the world and American one in particular are worried about the incoming Obama administration. The presidential campaign promised to raise capital gains a marginal taxes are view b many as a dangerous step in a debilitated economy. Elected President’s plan will have little to no effect on positive views for the U.S. [...]
Archive for November, 2008
Elected President Barack Obama and Dollar
Posted in Uncategorized on November 27, 2008 | Leave a Comment »
Dollar going down versus Euro: Citigroup being saved
Posted in Uncategorized on November 24, 2008 | Leave a Comment »
As the U.S. government agrees to inject $20 billion to rescue Citigroup, the dollar falls against the euro and a basket of currencies on Monday, as risk aversion eased.
European stocks rose, while U.S. stocks pointed to a positive opening in Wall Street. Traders are showing a higher appetite risk. However the forex market is [...]
What Obama Faces
Posted in Uncategorized on November 6, 2008 | 4 Comments »
By Mia Pierson
Elected U.S President, Barack Obama will take office at a time of economy struggling. Analysts are warning of a potential long recession.
Below is a resume of the recent economic data showed in the U.S:
* U.S. gross domestic product shrank at a 0.3 percent annual rate in the third quarter, the biggest contraction in [...]
