Data from services sector pr...

November 04, 2011

In what is just one more market indicator that the economy is falling steadily, there are newfound fears that another recession is imminent. Recent data released by the Markit/CIPS Index shows that th...

Prime minister of Greece win...

November 03, 2011

In what turned out to be a gruelling day for the Greek cabinet, Prime Minister George Papandreou won the support needed for a vote at a later date on the referendum. Greece is unhappy with the terms s...

Greek government on verge of...

November 02, 2011

After nations of the EU met in Brussels and voted n favour of another round of bailout for Greece, the country is on the verge of collapse due to their reluctance to accept the terms of the agreement....

UK projected to lose positio...

November 01, 2011

In an ongoing battle of the economies around the world, it is projected that the UK will lose its status as the sixth largest global economy later this year to Brazil. The newest figures released by t...