Category Archives: Economic News

UK Recession Could Get Worse

Former British central bank official (Bank of England / BoE) David Blanchflower is convinced that the country would fall into economic recession more severe than in previous recessions. “I am absolutely sure, England will experience a more severe recession (double … Continue reading

Posted in Economic News | Tagged , , , | Comments Off

Gold Prices Tumbled Down

Euro currency has rebounded on Friday (07/16/2010), making the investment demand for gold as an alternative to sag. As a result, gold prices go ramp. Euro towards the strongest position for three consecutive weeks after the time perched on the … Continue reading

Posted in Business News, Economic News | Tagged , , | Comments Off

WTO: Europe Give Illegal Subsidies to Airbus

WTO considered that European countries loans for the production of the Airbus A-380 aircraft are an illegal subsidy. World Trade Organization or the WTO has ruled that Airbus receives illegal subsidies from European governments, so this gives a blow on … Continue reading

Posted in Economic News | Tagged , , | Comments Off