Finance Avenue

Come Thursday and the G-20 summit will be kicked off in London amidst much media attention because it will be the epicenter of major financial happenings as major policy decisions will be debated and made here. For those who still aren’t aware of its existence, G-20 is an elite group of finance representatives of the world’s most economically developed and major developing countries….

As there is a continuous fall in prices of oil (from a high of around $150 per barrel in 2008 to around $40) and with the economic downturn analysts are expecting a further decline in the demand for oil, OPEC (Organization of Petroleum Exporting Countries) is having a tough time deciding on whether to cut [...]

In yet another instance of a multi national company being affected by this global recession, Mobile phone giants Vodafone announced that it is going to cut down its work force as they are going to cut around 500 jobs in the UK, this comes in the wake of their new cost cutting policy. This cut [...]

Following Uncle Sam H1 B visa outline, United Kingdom is also donning the protective cover for its citizens during the recessionary times of today. So stay ready to face stricter rules making it very tough for foreign skilled workers to seek employment within UK.
These days, it is a common sight in UK for local workers [...]

As the world is embroiled in economic recession, with United States of America being most affected by it, the U.S. government has embarked itself on the path to safeguard and secure the interests of fellow American citizens.
Under the initiation of Republican Senator from Iowa, Chuck Grassley, and independent Senator from Vermont, Bernie Sanders who [...]

The ever-deepening and never ending (as it seems) recession, after having affected the global production and consumption, has a new target, the morals and ethics of the world citizens. In the month that passed, many instances of crimes, protests and general unrest were reported which were in some or the other way rooted in the [...]

In an exulting turn of tables, China overtook Germany as the third largest economy in the world with its GDP for 2007 grew by a whooping 13% and stands at $3.38 trillion!! Japan ($4.4tn GDP) is positioned at no.2 while USA ($13.8tn) is the ultimate ruler.
But the sad news is that, 13% GDP growth notwithstanding, [...]