Pacific Brands Ltd, the biggest manufacturing in Australia, will decrease their employees about 23% from totally worker. They will remove their brand product and closed most of their manufacturing after got debt pay extension for 6 months about A$ 330 million (215 million dollar). Pacific Brand, which base on Melbourne, said in their statement today [...]
Tokyo: Japan recorded the trading deficit record on January. Because, their export processed has sharpest reduction for this time. It is causes of the global economic crisis. The official data showed on Wednesday (25/2) that sharp decline, especially happened on car export industry because the demand declined in the middle of recession that attacked on [...]
Rupert Murdoch, the king of media, Tuesday (24/2) apologized because of the published of the chimpanzee caricature that claimed as the racism satirical for Barack Obama, The USA president that the first black man who become as the number one man on that super power country. Mudoch said on the New York Time that last [...]
Barack Obama, the president of USA, said that he would not use whole his government budget to handle each his problem. He said also that Democrat and Republic expected aren’t spend the budget. Obama said just like the quotation from his speech to the congress on Tuesday (24/), that he would apply the budget in [...]
Washington DC: Ben Bernanke, the governor of U.S Central Bank, warned the congress that if there is not any right policy from government, the recession in this country would continue until 2010. But, he said that if Obama and Governor of U.S central bank is success in applying several policy to stabilize the finance world, [...]
FDIC Reported Problem Bank List Tops 250 – This is the next hot news in United States economic crisis. The FDIC or the Federal Deposit Insurance Corp reported that the number of problem bank list is growing up to 252 during the last three months of 2008. As one of the top regulators of the [...]
