Archive for category economy

Is the recession over? Should Bank Bailouts discontinue?

The Chairman of the US Federal Reserve, Ben Bernanke last week declared rather cautiously that the recession is over! If so, should federal bank bailouts continue? Read the rest of this entry »

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The impact of the recession on migration

A study by the Migration Policy Institute has shown that the recession had direct impact on global migration. The number of people traveling abroad for work opportunities has been decreasing while majority of immigrants have chosen to remain Read the rest of this entry »

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Shareholders want Boards Out

Public outcry against banks during this recovery period especially on the issue of huge salaries and  benefits bankers have accrued to themselves  has gone a step further as many shareholders are vehemently opposing directors of banks over matters relating to big salaries and rewards against poor performance of stocks. Many shareholders simply want boards to be scrapped. This was revealed in a recent study. Read the rest of this entry »

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Key Out comes of the G20 Meeting

Urgent bank reforms

Finance ministers from both rich and developing nations have called for an immediate reform of the banking systems in developed countries.

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