Global Economy News Blog

Global Financial Update

18th May 2010

Global Financial Update

The stocks went down again this week making the global financial market more unstable. Instead of a steady increase the stocks fluctuate and making the big players worried about how to retain the global economic recovery. The world is still in its recover stage and yet there are already a lot of problems arising.

In Germany officials are apprehensive about the situation and tentative condition of the banks and this is actually a scene experienced not only in Germany but in many countries all over the world. This kind of situation or uncertainty has been causing major distress in the market in the US and Europe.

  • Share/Bookmark

Related posts

  • No related posts.

posted in Blog | Comments Off

15th May 2010

Best Banks

The world banking organization came up with a list of not just the best banks in the world but also the safest. They also have some awards for the best emerging banks in the world and other awards and certification given to rightful awardees. The best emerging banks are those whose performance was good, strong and also well-regulated. Some of these banks came up with TV ads that would let the people know of the goals of the banks.

Some of the awardees are also previous winners, which only goes to show that last year’s contenders are still going strong and did not stop improving, instead tried harder to emerge as the best this year and in the years to come.

  • Share/Bookmark

Related posts

posted in Blog | Comments Off

13th May 2010

Global Village

We live in one big global village, what happens to other countries affect other countries one way or another, like what happened during the gulf war, I was still little then, but some way somehow I also felt the effect of the crisis at that time. Now with the global financial crisis which started somewhere in the middle of 2007 and still affecting all of us now, the world is somewhat crippled.

Some banks closed, businesses went bankrupt, big corporations fell, and people’s lives greatly suffered, and these affected not just third world countries but wealthy nations as well.

  • Share/Bookmark

Related posts

posted in Blog | Comments Off

12th May 2010

Global Financial System

The global financial system is like the umbrella organization of all central banks in the world. It is an international group that includes three very big team players the International Monetary Fund, World Bank and the World Trade Organization. The Global Financial System takes care of everything that is connected with finances, just like the foreign exchange market and they are also closely tied to private members like some commercial banks and pension funds.

It is a very complicated world of banking and finance and something that common people do not usually get involved with or even be concerned about.

  • Share/Bookmark

Related posts

posted in Blog | Comments Off

Next Entries »