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Home > News > Tags > economic crisis
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Stories about: economic crisis |
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Researchers at the Rice University have demonstrated that increased trade globalization is having a negative impact on the world's economy, making it more prone to experiencing recessions, and making it more difficult for it to recover afterwards. The team applied a series of rules similar to those seeking to ex... |
18 October 2010 09:59 GMT |
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In a recently released report, the Pew Research Center shows that, in order to mitigate the effects that the poor state of the economy is having on their budgets, more and more young adults choose to return home, and live with their parents. While this may not necessarily be their primary choice, it is also the only ... |
25 November 2009 01:33 GMT |
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In a new scientific study conducted on 250 Philadelphia homeowners currently undergoing foreclosure procedures, scientists from the University of Pennsylvania School of Medicine have determined that this situation is directly tied to a very high risk of these individuals developing major mental depression. The study... |
19 August 2009 18:01 GMT |
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Since the beginning of the Cold War, people in the United States have been told that the Communists are the enemies, and that, if they didn't support more nuclear arms, they would eventually succumb to the Reds' attack. But, first and foremost, they were taught that the economic principles of socialism and ... |
7 July 2009 02:40 GMT |
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One of the most unexpected solutions for the current economic and environmental problems facing the world came from noted Economist Jeremy Rifkin, who is known for his abrupt ideas in the field. Speaking at the Research Connections 2009 conference, recently held in the French capital of Paris, he proposed that the cu... |
12 May 2009 09:05 GMT |
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Famed American automotive company General Motors has recently released a new type of electric vehicles, on which it has worked with scooter manufacturer Segway. The new prototype, which GM hopes to roll out of the assembly lines by as early as 2012, is meant to provide people looking for a clean alternative to drivin... |
8 April 2009 09:40 GMT |
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Online identity thieves are trying to profit from the problems that UK citizens are facing because of the global economic turmoil and the accompanying recession. Their new phishing campaign tries to trick users into giving up their personal information in order to benefit from an alleged recession-relief programme fu... |
8 April 2009 04:13 GMT |
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According to a series of recent surveys among the general population, most US citizens seem to be unable to pass even the most basic science literacy test, a trend that has got experts very concerned. Because individuals lack this ability, they may find it very difficult to interpret scientific articles, and some may... |
13 March 2009 11:34 GMT |
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Security researchers from anti-virus vendor Trend Micro warn of malicious e-mails targeting enterprise users. Malware distributors have resorted to passing their malicious applications as plans to survive the global economic crisis. The current state of the global economy is taking its toll on a lot of individuals, ... |
12 March 2009 08:08 GMT |
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University of Sheffield professor of Human Geography Danny Dorling has written in an editorial published today in the online edition of the British Medical Journal that the best option young people could consider in times of economic crisis is to attend college. In periods of mass-unemployment or when individuals get... |
11 March 2009 11:57 GMT |
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According to an Illinois panel of legislators, youth in the state is currently experiencing great deals of stress, which could lead to an increase in the number of registered suicides. Just recently, three teenagers took their own lives, and the lawmakers are still trying to come to terms with what happened. They say... |
9 March 2009 02:02 GMT |
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Michele Boldrin and David K. Levine, two leading economists from the Washington University in St. Louis, believe that the time has come for patents and copyright to disappear as pieces of legislation from the laws of all countries. They say that the most important asset that any nation now has in front of the economi... |
6 March 2009 09:40 GMT |
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Worrying new statistics show that more than 33 percent of US citizens sleep much less than they should, mostly because of financial concerns related to the safety of their workplace and the amount of their bills. Over the last years, the average amount of sleep that people have gotten has decreased by 13 percent sinc... |
2 March 2009 05:28 GMT |
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The National Consumers League (NCL) has recently announced that Americans are currently more at risk of falling victims to scams and frauds, on account of the global economic downturn and the fact that many of the country's citizens are now broke and looking for easy money. And, apparently, so are various types ... |
27 February 2009 16:01 GMT |
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A husband and wife in Danville, a suburb just south of San Francisco, California, are still psyched at this moment, after they learned last Sunday that they had just won a brand new house in the Marin County, another suburb of the city, just to the north. Susan Wells was the winner of the ticket, and her gain couldn&... |
25 February 2009 05:54 GMT |
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British people have shown that they are very sensitive about the state of their economy by taking matters into their own hands, and forming the 2020 Group, an initiative that has the sole purpose of urging the government to construct more houses. By doing so, UK authorities will solve multiple problems at once, and w... |
23 February 2009 06:01 GMT |
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Palo Alto, California-based HP, the world's leading PC vendor, has recently announced the financial results for the fiscal first quarter ended on January 31, 2009. According to the company, the net revenue for the first quarter of 2009 was of $28.8 billion, up 1% from the company's earnings in the same peri... |
19 February 2009 04:40 GMT |
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With more and more companies feeling the pain of the global economic downturn, news of Panasonic planning to shed approximately 15,000 jobs comes as little surprise. The company's announcement will represent the second significant round of layoffs in Japan's electronics industry, in less than a week. As wit... |
4 February 2009 10:47 GMT |
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R.K. Pachauri, the chair of the UN Intergovernmental Panel on Climate Change (IPCC), urged nations on Friday not to give in to growing pressures coming from industries worldwide, and to maintain the harsh environmental policies they set out to accomplish. The official says that this is a crucial moment, and that comp... |
2 February 2009 09:31 GMT |
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A sewage treatment facility in central Japan is currently unexpectedly engaged in the gold prospecting business, following recent discoveries that show that the sewerage it processes carries a gold density higher than that of most profitable mines in the entire country. Officials at the site say that they have recove... |
2 February 2009 05:58 GMT |
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According to a recent article on the Associated Press, IBM is said to have cut thousands of jobs, without the company officially announcing any specific and official details. The layoffs are reported to be part of the company's ongoing plan to save costs amid the current low global economy.IBM is said to have cu... |
28 January 2009 04:21 GMT |
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Sunnyvale, California-based Advanced Micro Devices announced yesterday its fourth-quarter financial performance, reporting a steep loss and lower revenue, all of which have been considered effects of the low global economy. According to the reported figures, the chip maker has posted a loss of US$1.42 billion ... |
23 January 2009 04:15 GMT |
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Seagate, the world's leading manufacturer of traditional hard disk drives, announced on Wednesday the preliminary results for the quarter ended on January 2, 2009. According to the report, the company recorded 37 million disk drive unit shipments, with a revenue of $2.3 billion and a net loss of $496 million, or... |
22 January 2009 05:41 GMT |
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Following reports that the company will be required to announce its first loss in 21-years of profitability, Intel announced yesterday that it planned to start a restructuring plan that would include some of its manufacturing operations, in an effort to counteract the effects of the global low economy. The company is... |
22 January 2009 04:19 GMT |
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The United Kingdom announced plans to close and merge 13 primary schools and 12 nurseries in the city of Glasgow, due to precarious conditions and the unfit state of some of the buildings. The officials who made the announcement also said that, at the moment, building new school structures had been ruled out of the q... |
20 January 2009 08:40 GMT |
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Microsoft surprised quite a lot of people when it cut, last year in September, the price of the Xbox 360 so that the Arcade, the version of the gaming console that does not have a hard drive, went under the price gamers paid for a Nintendo Wii. More people were surprised by the stubbornness of Sony, which refused to ... |
14 January 2009 17:01 GMT |
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The data coming from the NPD Group is looked at by analysts and videogame journalists in order to see how consoles and videogames perform. Even if the data only tracks North America, the fact that this is the biggest market in the world means that trends are likely to be replicated all over the world. And for Decembe... |
13 January 2009 17:31 GMT |
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Once considered to be a near “sacred” spot, the first page of the famous New York Times newspaper is now opened to commercial ads, despite the fact that it did without them for decades. This concession, which the company management made in front of the economic downturn, goes on to prove the effects that ... |
6 January 2009 02:54 GMT |
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Foxconn Electronics (Hon Hai Precision Industry) is expected to lay off more of its employees in an attempt to salvage itself from the negative effects of the slow global economy. The company's chairman, Mr. Terry Gou, said that the economic crisis was three times worse than what was initially expected, for whic... |
22 December 2008 10:16 GMT |
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The ongoing economic downturn is expected to have a great impact on the IT industry players, resulting in a consolidation of the industry as some of the smaller players will have to fold up. The collapse of small PC makers will be seen throughout the next few years, which will conduct the rest of the industry to rest... |
5 December 2008 05:23 GMT |
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Recent predictive studies show that the rate of college enrollment in the United States is highly dependent on the mortgages and equities parents have to pay on their houses. It makes sense that a family sealed in debts will have no way of affording to send their teenagers to get a higher education. University of Mic... |
19 November 2008 08:21 GMT |
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While living inside families offers comfort to both parents and children, it can also be a source of stress, as problems affect all members, not just the adults. Seeing how the current economic crisis places pressure on the working class, in that the number of foreclosures increases, and jobs are jeopardized, it'... |
14 November 2008 05:37 GMT |
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Facing weak demand around the world for all of its products, Intel revealed that its previous revenue forecast for the fourth quarter of this year had been lowered by around 14 percent. The announcement made by the worldwide largest chip manufacturer clearly indicates that the economic crisis is about to impact compu... |
13 November 2008 10:37 GMT |
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The previous financial estimations for Advanced Micro Devices and Intel Corp. have been reduced by many industry analysts. According to them, the demand of personal computers is expected to lower during the fourth quarter of the year, while also continuing on a down road during 2009, which means that the financial pe... |
12 November 2008 06:21 GMT |
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The leader of the UK liberal democrats, Nick Clegg, warned that people suffering from mental distress are very likely to plunge into despair and a deep state of stress if the economy of the country plunges into a recession, especially those who have large loans commissioned from commercial banks. Clegg pointed out th... |
1 November 2008 05:19 GMT |
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The Congress is putting together a 700 billion bail out designed to prop up the financial sector of the United States while in Europe, banks are getting nationalized left and right. The price of oil is still around 100 dollars and there's a clear chance that it will go up while more and more people are complaini... |
29 September 2008 04:58 GMT |
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