Tag Archive
Sell Your Gold And Silver To Weather The Recession
Times are tough. Those who haven't already lost their jobs are concerned they might in the near future. Meanwhile, the cost of living is rising for millions of families. You may be a college student who needs funds for tuition and books. Or, you might be a stay-at-home mom trying desperately to make ends... »
HSBC bank to cut 1,700 jobs in Britain
The leading banking group HSBC revealed n Tuesday that the banking giant is planning to slash as many as 1,700 jobs across its retail banking division in Britain. HSBC said it currently employs about 40,000 people in its British retail banking division. A spokesman for HSBC announced on Tuesday that the banking giant is planning... »
Royal Bank of Scotland to cut 3,700 jobs in UK branch network
The Royal Bank of Scotland PLC, announced on Monday that it plans to cut as many as 3,700 jobs in its British branch network over a period of next couple of years. The job cuts in the bank, which is 70 percent owned by the British government, have been described as “deeply regrettable but, necessary.”... »
Tips For Surviving The Recession
If you're reading this, then count yourself one of the survivors. As much hardship as recessions bring to some people, especially those who lost due to their financial investments being in the wrong place, other people are already counting their blessings. Recessions bring out a fight or flight survival mentality in some... »
Ways To Making Your Long Term Care Insurance Policies Recession Proof
Any long term investment, insurance, whatever it could be needs a rescue option behind it to sponge off the losses that may be encountered in tricky times like a recession. This can also increase the value of the benefit to be paid out later. An Inflation Adjustment option is fully necessary to cover for... »
World likely to emerge in early 2010: IMF chief
The head of the International Monetary Fund on Friday expressed that the global economy is likely to emerge out of the current fiscal crisis early next year. The global recession worldwide, known as the worst since The Great Depression of the early 1930s, has so far hit almost all the sectors of the market,... »
Japan’s Toshiba plans to cut costs
The recession hit economy of the country has taken its toll on many of the giants from all the sectors. The companies have been looking at chalking out effective cost cutting techniques and methods, including handing pink slips, cutting production, shutting units and reducing incentives of the top officers. The latest to join the... »
UN faces a a $1.5 billion gap in budget
The United Nations is expected to face a staggering $1.5 billion gap in its annual budget for the financial year 2008-09. This deficit is seen as a direct outcome of the raging recession in the member countries contributing the most to UN’s annual budget, United States, Britain, China and Germany. Under-Secretary-General for Management, Angela... »
Japan’s GDP shrinks 15.2%
Japan’s economy shark at the fastest pace in nearly 14 years, since 1955, by almost 15.2 per cent as its exports plunged sharply. Many of the Japanese countries, from all sectors of the market, slashed their production due to slump in global demand, shut factories, cut its workforce in their attempt to come up with... »
Nokia to slash another 490
Nokia on Tuesday announced the company’s plan to slash another 490 jobs from its global workforce. The world’s largest mobile phone maker, announced to cut as many as 170 positions in logistics, production management and production support areas. Amidst the global recession, the phone making giant was hit badly by the slump in customer... »
