Investing and Global Finance News

Monthly Archives: July 2012

2012 To See Little Growth, Poll Shows

A recent poll of hundreds of economists has revealed that the global economy will continue to struggle throughout 2012, but will begin to see significant growth by 2013. Though many expected 2012 to be a rough year, even experts believed the United States’ resilience would keep the economy above water. Numerous successful emerging markets contributed… Continue Reading

8 Quotes on (Social Media) Crisis Management

The past few years have seen their fair share of crises, as global economies grapples with the ongoing Eurozone debt, inflation and recession. Crisis management has become an invaluable skill, especially for crises based in social media, and there is much to be learned from those with experience in the field. Here are eight crisis… Continue Reading

Samsung Buys CSR, Continues Legal Battles with Apple

Amidst legal battles with Apple, Inc., Samsung Electronics has announced that it will be buying CSR, the UK-based chipmaker, in a $310 million cash transaction. The two leading companies have long been fighting over intellectual property rights and patent infringements for years. Now, with CSR as its newest weapon, Samsung may have gained the upper… Continue Reading

Former Greek Finance Minister Warns Harsh Cuts are Holding Back Economic Recovery

Former Greek finance minister and head of the Socialist party Evangelos Venizelos said on Tuesday that it will be “almost impossible” for Greece to cut back spending by €11.5 billion ($14.1 billion) over the coming two years, the amount its rescue creditors demanded as part of the bailout deal. Venizelos made his statement in a… Continue Reading

Obama Takes Heat for His Comments Bashing Individualism

Like fresh meat thrown to a pack of wolves, Obama’s comments about the relationship between government and business has inspired prominent business organizations, conservatives and the Republican candidate for president, Mitt Romney, to react in the strongest way to Obama’s remarks. Obama was speaking in Roanoke, Virginia to a group of supporters when he stated… Continue Reading

IMF Reveals Bleak Outlook for Global Economy

A recent statement by the IMF claims that the world is perched precariously on the backs of the U.S. and European economies. Global growth will remain stunted until they improve. According to their website, Europe’s persistent crisis has hindered global economic recovery into the second quarter. Predictions from the World Economic Outlook say global economy… Continue Reading

Obama Claims Successful Businessmen ‘Didn’t Get There’ On Their Own

Yesterday, President Barack Obama delivered a controversial speech in Roanoke, Virginia. He criticized the concept of the ‘self-made man’ and the American success story, stating that: “There are a lot of wealthy, successful Americans who agree with me – because they want to give something back. They know they didn’t – look, if you’ve been… Continue Reading

Companies That Love the Earth

Some companies say they are good to the environment, but really aren’t so good if you take a closer look. Newsweek decide to take a closer look, and with the help of some experts on environmental issues and business practices, studied a large selection of companies for more than one year. Among the 15 top… Continue Reading