The economic scenario seems to be getting worse as the financial sector continuously reporting huge losses from exposure to the mortgage market. Even the residential sector, the commercial real estate sector, and sectors like credit cards, auto loans are moving to a...
Importance of businesses to have an online presence During the interview between Andrew Ross Sorkin and Roger Ferguson, the former Vice Chairman of the Federal Reserve, several key points were made that highlight the importance of businesses having an online presence...
You can hardly have failed to notice the massive consumer-fuelled boom across most Western economies the last 5 years or so. In the wake of 911, decisions were taken at the very highest levels that a recession at this point would be disastrous, and so it was...
Recessions Don’t Last Forever! It could, but what if it doesn’t? Will you be prepared? Will those key external audiences of yours, whose behaviors REALLY affect you, look favorably at you and your business? Because, once the economy emerges from recession, if they...
(ARA) – As we hear more predictions of an economy showing signs of weakening, managers around the country are asking a couple of key questions: Are we prepared for a recession reminiscent of the early 1990s? Did we learn enough from experiences nearly a decade...
When making decisions about IT offshore outsourcing, the state of the U.S. economy looms large. The effect of exchange rates, interest rates, IT employment levels and even domestic commercial office vacancy rates will affect your onshore, offshore or nearshore...
Everybody is riding the Wall Street Roller coaster. Even if you are not invested, the headlines scream out one word: PANIC! It’s hard not to join in the panicking. The Panic Crowd seems to be having all the fun these days. But they don’t have all the...
If the U.S. economy had to be summed up in one word, the word would be unsustainable. From entitlement programs to trade deficits, the U.S. economy cannot continue indefinitely on its current course. Sadly, changing course is difficult and political impossibilities...
If individuals thought that they were the only ones who had the use for loans, then corporate loans will show them that they are incorrect. The corporates, who are deemed to have a large surplus of cash, too find themselves at the mercy of the loan providers (though...
Let’s face it, if you don’t have a proven track record or some notable credit worthiness, it is tough to get financing. Risk factors and high costs of servicing small accounts are the major reasons for banks and financial institutions to stay away from people who... 