Some 2,500 guests, including senior executives from some of the world’s biggest banks as well as 40 heads of state will join discussions on energy, climate change and free trade. Global political leaders and business people are gathering for the annual World Economic Forum, which is due to start in the Swiss ski resort of [...]
Posts Tagged ‘crisis’
World Economic Forum Held at Davos, Switzerland
Posted: 28th January 2009 by Simo Häyhä in Economy | Finance, PoliticsTags: crisis, Economy | Finance, forum, global, Swiss, world
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Massive Layoffs at Microsoft
Posted: 22nd January 2009 by Simo Häyhä in Economy | FinanceTags: Bill Gates, computer, crisis, financial, job, layoff, market, Microsoft, problem
NEW YORK (Reuters) – Microsoft Corp stunned Wall Street with disappointing results that included plans to slash up to 5,000 jobs and a warning that profit and revenue will almost certainly drop over the next two quarters. The news from the world’s largest software maker, which had not been expected to report results until after [...]
Peter Schiff predicts Imminent Doom – Fear And Loathing In America
Posted: 15th January 2009 by The Dude in Economy | FinanceTags: crisis, Economy | Finance, Peter Schiff, predictions
Peter Schiff has been spot on the economy crisis for years, if you’re living in the US it’s very important to listen to what he has to say.
Gas Crisis Deepens as Arctic Weather Strikes Central Europe
Posted: 13th January 2009 by Simo Häyhä in Economy | Finance, PoliticsTags: crisis, gas, Russia, shortage, Slovakia, Ukraine
SUDZHA, Russia (Reuters) – Russia started pumping gas meant for Europe via Ukraine on Tuesday for the first time in nearly a week, but the European Union said little or no gas was flowing to countries suffering urgent energy shortages. Russia accused Ukraine of shutting off gas to Europe. But Kiev blamed lack of pressure [...]
EU Faces an Energy Crisis Over Russian Gas
Posted: 6th January 2009 by Simo Häyhä in PoliticsTags: crisis, energy, EU, gas, Putin, Russia
Slovakia, one of the countries affected by this dispute between Ukraine and Russia, proclaimed state of emergency due to the huge cut of gas flow today. MOSCOW (Reuters) – Europe faced a deepening energy crunch and more sub-zero temperatures on Wednesday, with Moscow and Kiev showing little sign of a swift resolution of a pricing [...]