Senador pede impeachment de Barroso por declaração sobre as Forças Armadas

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The Return of Local Currencies

Prior to the formation of the United States, the British colonies that would eventually all become the United States all dealt in their own local currencies. During the Revolutionary War though, the soon-to-be United States introduced a national currency which slowly went on to replace these local currencies. For most countries, this pattern in history occurred, with nationalization creating a single currency. However, today, Germany is going in quite the opposite direction, with the nation having approximately twelve regional currencies, and the potential for this number to increase to sixty.

Reducing Prices in the Recession is Not Always the Answer

Government cuts have created doubt in the minds of many businesses and consumers, but reducing your prices is not always the answer. Government cuts have undoubtedly been at the forefront of dealers’ minds since the raise in VAT from 17.5% to 20% was announced, along with other spending cuts that will undoubtedly be painful for many consumers, and in this case when searching for the best vehicles and the best car loans.

Economic Recessions in America – How Long Will it Last!

The economic recession in America is what everyone is talking about. It’s in the news, your local coffee shops, in your neighborhood, at the office, even at your dinner table. For some the recession is not a problem, and for others it can be pure suffering. Are you one of those that are suffering?

IMF Forecast For 2010 – India GDP Upgraded

International Monetary Fund (IMF) has now corroborated what I have been maintaining for quite some time. IMF has upgraded India’s GDP forecast of year 2010 from 8.8% to 9.4%. And on the other hand, IMF has indicated that US poses the greatest threat to global recovery. In fact as per IMF it is India and China and some other Asian economies which are supposed to lift the growth prospects in the world and therefore it has raised the world GDP prospects for 2010 from 4.2% to 4.5%. However it has lowered its growth estimates for Euro zone, Canada, US, Japan, and emerging economies.

The TARP Shuffle

In May, 2010, General Motors and the U.S. Treasury Department took the dance floor together for a turn at the “TARP money shuffle.” With much fanfare, the automaker’s chief executive officer Ed Whitacre announced that his company had fully repaid the bailout loans it received from the federal government. Five years ahead of schedule, no less.But, while the announcement may have made for good public relations, there was not much substance behind the corporate chest-thumping.

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