Japanese exports have crashed by over 20% in the last few months, due to their over dependence on US and Europe. Japan traditionally have been exporting huge number of cars and automobiles to US and Europe.
With these economies in deep trouble, and massive job cuts, both have drastically cut down their imports. That has [...]
Barack Hussain Obama had to cross many hurdles in becoming the first black US President. But the huge popularity he has gained over the last one year of election period, was primarily due to the loss of hopes of US citizens about their future.
The US citizens are strongly believing , that the current Republican administration [...]
Indian Premier League 20-20 cricket match series was started last year by the Board of Control for Cricket in India I.e, BCCI. With the grand success for the new cricket format, has now forced the BCCI to go ahead and plan for IPL2 series of cricket matches in the month of May and June [...]
Crude oil prices have reached record low of 35 dollars this month amidst reports of deep recession across key economies of the world. US and Europe and Japan are in deep recession with very poor numbers reported for 2008 quarter four.
These economies reported anything between -3% to -12% GDP growth for the fourth quarter [...]
Crude oil prices were at multi year high of 147 dollars few quarters back. All the industrial metals like Copper, Zinc and Aluminum were reaching record highs in the beginning of 2008. Every analyst was talking of commodities reaching further highs in 2009, but nobody predicted that the commodity prices will touch multi year low [...]
