2008 has left us a fact that the face of the global economy has forever changed. Gone forever are investment banks, the secondary credit market, and an unregulated financial market…….
Kimberly Amadeo’s article on About.com gave us a whole review of Top Ten Economic Issues in 2008 in US. In hindsight, we can now see how it […]

An resent article on Time Magazine makes China another hot topic in media.
“China needs a new economic miracle — and the trajectory of the global economy may depend on whether one can be conjured up. China, theoretically, should be one of the locomotives that will eventually help pull the world out of its slump. That won’t happen overnight; […]

The US Bureau of Economic Analysis(BEA is the research center of the Department of Commerce providing some economic indicators of the U.S. economy) final report confirmed that the GDP growth rate for Q3 2008 was a negative 0.5%, it represents a substantial decline from the 2.8% growth in the second quarter. The decrease was the biggest drop since […]