The World Bank released the China Quarterly Update, June 2009 recently. This report offers an in-depth analysis of the current state of the Chinese economy. Some highlights from this report are presented below. China’s economy declined in the first part 0f 2009 but thanks to the infrastructure-focused “RMB 4 Trillion” stimulus plan announced by the …
Continue reading ‘China’s Economy Stable But Strong Growth Unlikely Soon’ »
An economic recovery will begin in the middle of this year, but many. Recession to dog state until 2010, experts say Buy-to-let landlords are snapping up houses at knockdown prices despite falling rents, according to letting agents…Buy-to-let landlords swoop on cheap homes I’m still looking for, and still not seeing, the economic recovery that everybody …
Continue reading ‘Daily Wisdom: China’s Economy is Expanding Edition’ »
Source: Association of American Railroads Quick Take:Â Coal accounted for 45.4% of all commodities carried by Class I railroads in 2008 and 23.5% of total revenue. Related Posts: Performance Analysis: North American Railroad Stocks !! Get on board the Canadian Railroad Stocks
Consumers have been cutting down borrowing since the credit crunch began. However the Federal government borrowing has been growing at a staggering rate recently as the chart from CFR’s Brad Setser’s blog shows below. Source: Council on Foreign Relations Checkout also More on the fall in private borrowing and the rise in the fiscal defict.
Historically the unemployment rate in the USA was lower when compared to European countries due to US economy being dynamic and vibrant.The policy of hire and fire by companies was accepted by the society as a means of keeping the economy strong.However this situation in changing due to the continued rise in unemployment rates in …
Continue reading ‘US Unemployment Rate Getting Closer to Europe’s’ »