It’s bad news for North Asia with industrial production slowing massively, notes DBS. The scenario of China and North Korea going into negative economic territory should put a chill through business in the region. One key fact – production in April fell to 6.9 percent, far below the consensus forecast of 12 percent.
Here’s more from DBS:
Is Barça the best club soccer team the world has ever seen?
Is it better than the Santos of the 1960s (which was home to Pelé)? Or the AC Milan of the 1990s?
After beating Real Madrid to the La Liga title, and their trilling 3-1 win against Manchester United in the 2010-11 Champions League final, in which even their opponents had to describe them and their star player, Footballer of the Year Messi, as ‘mesmerising’, many would say yes.
Barça is also a cash machine.
Here are some funny political jokes to tickle your economics funny bone!
If you had bought $1000.00 worth of Nortel stock before it crashed, it would now be worth $49.00.
With Enron, you would have $16.50 of the original $1,000.00.
With WorldCom, you would have less than $5.00 left.
If you had bought $1,000.00 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, then turned in the cans for the 10 cent deposit, you would have $214.00.
The Federal Government cut US$40 billion from their budget, the equivalent of 2 days interest on public debt. All so the debt ceiling an be raised so that Americans can continue to borrow more money. Borrowing to spend more is costing Americans more than they can keep up with. The $14 trillion debt is not going away anytime soon – or diminishing.
Will the US face another financial crisis caused by national debt?
Last year, the Iceland volcanic eruption cost airlines US$1.7 billion, with more than 10 million people affected by the 6-day European airspace shut down. When the Grimsvon volcan erupted again on 21 May spouting more ash clouds into the skies, 500 flights were halted. And while the ash plume continues to affect some air travel, its mostly business as usual in Europe.
Are authorities taking enough precautions or is avoiding another mass shut down more important than aviation safety?
In the 2008 race to the White House, Barack Obama received generous funding from the top organisations. Interestingly enough, the organisations themselves didn’t donate, rather the money came from employees, owners and their families.
The top Obama campaign contributors then were:
President Mahmoud Ahmadinejad points to capitalism as the main source of global corruption. As well as the dominance of the dollar in world markets. The Iranian president criticized the unjust global economic systems in the world saying,
Macquarie released a report that China’s monetary policy has been tightened and its just a matter of time before the economy slows down.
[quote]Our basic view of the economy is that the government has aggressively tightened monetarypolicy over the course of the last few months. Tightening works with a lag, so while growth momentum was still very strong in 1Q11, we expect it to slow towards mid-year and into 3Q11.
Senior account execs at Salesforce.com take home an average $318,323 total compensation annually. Are you working for the right company? Here are the top 10 top-paying companies to work for if you want to bring home a hefty paycheck at the end of the month.
1. Salesforce.com
Average total pay: $318,323
For: Senior Account Executive
