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	<title>Financiere &#187; recession</title>
	<atom:link href="http://www.financiere.co.uk/tag/recession/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.financiere.co.uk</link>
	<description>World Business and Finance News financiere.co.uk</description>
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		<title>Gold Still Below $1200 &#124; Silver &amp; Platinum Gains</title>
		<link>http://www.financiere.co.uk/gold-still-below-1200-silver-platinum-gains-868/</link>
		<comments>http://www.financiere.co.uk/gold-still-below-1200-silver-platinum-gains-868/#comments</comments>
		<pubDate>Tue, 10 Aug 2010 00:15:46 +0000</pubDate>
		<dc:creator>Kim Rogers</dc:creator>
				<category><![CDATA[Gold]]></category>
		<category><![CDATA[Latest News]]></category>
		<category><![CDATA[analysts predict]]></category>
		<category><![CDATA[bullion]]></category>
		<category><![CDATA[consumer]]></category>
		<category><![CDATA[cpi]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[drop]]></category>
		<category><![CDATA[europe]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[gold price]]></category>
		<category><![CDATA[gold stress test]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[platinum]]></category>
		<category><![CDATA[price of gold]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[stree test results]]></category>
		<category><![CDATA[stress test]]></category>

		<guid isPermaLink="false">http://www.financiere.co.uk/?p=868</guid>
		<description><![CDATA[Gold still remains under $1200 at the end of the week after the results of stress tests of 91 Banks in Europe, where only 7 banks failed to prove they would survive financial crisis. ]]></description>
		<wfw:commentRss>http://www.financiere.co.uk/gold-still-below-1200-silver-platinum-gains-868/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>BP CEO Tony Hayward Resigns Next Month &#124; BP News &amp; Analysis</title>
		<link>http://www.financiere.co.uk/bp-ceo-tony-hayward-resigns-next-month-bp-news-analysis-842/</link>
		<comments>http://www.financiere.co.uk/bp-ceo-tony-hayward-resigns-next-month-bp-news-analysis-842/#comments</comments>
		<pubDate>Wed, 21 Jul 2010 10:43:13 +0000</pubDate>
		<dc:creator>Christopher</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[shares]]></category>
		<category><![CDATA[U.S.]]></category>

		<guid isPermaLink="false">http://www.financiere.co.uk/?p=842</guid>
		<description><![CDATA[BP's embattled CEO Tony Hayward will resign from his position in the month of August. Sources close to BP said that Tony Hayward who is 53 years old will make the announcement in the month of August. The reason given to Financiere about the resignation is that the company is trying to regain its reputation which was badly effected after the Gulf of Mexico Oil Spill.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>World Stocks Comes To A Hault Amid Worries Over US Recovery &#124; News &amp; Analysis</title>
		<link>http://www.financiere.co.uk/world-stocks-comes-to-a-hault-amid-worries-over-us-recovery-news-analysis-777/</link>
		<comments>http://www.financiere.co.uk/world-stocks-comes-to-a-hault-amid-worries-over-us-recovery-news-analysis-777/#comments</comments>
		<pubDate>Mon, 05 Jul 2010 17:31:14 +0000</pubDate>
		<dc:creator>Kim Rogers</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[UK Stock Market]]></category>
		<category><![CDATA[US Stock Market]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Euro]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[stock]]></category>
		<category><![CDATA[U.S.]]></category>
		<category><![CDATA[unemployment]]></category>
		<category><![CDATA[world]]></category>

		<guid isPermaLink="false">http://www.financiere.co.uk/?p=777</guid>
		<description><![CDATA[The NYSE Dow Jones is currently at 9686 points. The British Stock Market FTSE 100 was recorded flat at 4,836.28 whereas Germany's DAX was recorded at 5,834.21 and France's CAC-40 was recorded at 3,340.00. Shanghai index was down by the afternoon at 2363 points whereas Nikkie was at 9266 points.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Job Market Forecast July 2010 &#124; Career Jobs News &amp; Analysis</title>
		<link>http://www.financiere.co.uk/the-job-market-forecast-july-2010-career-jobs-news-analysis-751/</link>
		<comments>http://www.financiere.co.uk/the-job-market-forecast-july-2010-career-jobs-news-analysis-751/#comments</comments>
		<pubDate>Thu, 01 Jul 2010 18:18:39 +0000</pubDate>
		<dc:creator>Christopher</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[The Job Market]]></category>
		<category><![CDATA[career]]></category>
		<category><![CDATA[forecast]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[joblessness]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.financiere.co.uk/?p=751</guid>
		<description><![CDATA[US has recently witnessed 13,000 layoffs in one day. Citigroup and BP have expected job cuts in the coming week. It has also been analyzed that over a period of 6 months, Britain will face over 600,000 job cuts, our source at Institute of Leadership and Management revealed.]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>BP News &#124; Forecast &amp; Analysis &#124; BP Shares Predictions</title>
		<link>http://www.financiere.co.uk/bp-news-forecast-analysis-bp-shares-predictions-709/</link>
		<comments>http://www.financiere.co.uk/bp-news-forecast-analysis-bp-shares-predictions-709/#comments</comments>
		<pubDate>Wed, 16 Jun 2010 20:36:21 +0000</pubDate>
		<dc:creator>Christopher</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Predictions & Forecast]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[forecast]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[outlook]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[shares]]></category>
		<category><![CDATA[U.S.]]></category>

		<guid isPermaLink="false">http://www.financiere.co.uk/?p=709</guid>
		<description><![CDATA[After the statement of President Obama, "We Will Make BP Pay" the grounds for BP is under heat since BP had to pay $20 billion funds quarterly to help clean sweep the oil spill. The shares market for BP has narrowed down and already witnessed a 18% loss which is likely to fall more in the near future as been predicted by analysts.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Insurance Forecast 2010 &#124; News and Analysis</title>
		<link>http://www.financiere.co.uk/insurance-forecast-2010-news-and-analysis-522/</link>
		<comments>http://www.financiere.co.uk/insurance-forecast-2010-news-and-analysis-522/#comments</comments>
		<pubDate>Thu, 27 May 2010 18:28:18 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Latest News]]></category>
		<category><![CDATA[career]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[forecast]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[joblessness]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[outlook]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[shares]]></category>
		<category><![CDATA[stock]]></category>

		<guid isPermaLink="false">http://www.financiere.co.uk/?p=522</guid>
		<description><![CDATA[Insurance sector, health insurance price resistance employers. expansion and profitability is negative future. The forecast for health insurance. Hospital care, Pharmaceutical market, Medical device market and health insurance market. stock market reports and forecasts. invest in insurance companies insurance job market as leading insurance companies. The UK Stock Market Forecast and US Stock Market Forecast. The auto insurance buy medical insurance term insurance returns on investments. A better investment option is Gold Investments. the demerits of health insurance ]]></description>
		<wfw:commentRss>http://www.financiere.co.uk/insurance-forecast-2010-news-and-analysis-522/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Bad Credit History? Apply For Immediate Personal Loans</title>
		<link>http://www.financiere.co.uk/bad-credit-history-apply-for-immediate-personal-loans-517/</link>
		<comments>http://www.financiere.co.uk/bad-credit-history-apply-for-immediate-personal-loans-517/#comments</comments>
		<pubDate>Wed, 26 May 2010 18:09:12 +0000</pubDate>
		<dc:creator>Christopher</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Personal Loans]]></category>
		<category><![CDATA[Credit Score]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://www.financiere.co.uk/?p=517</guid>
		<description><![CDATA[bad credit history credit companies have been tightened after the recession of 2008. Applying for immediate personal loans with a bad credit history guidelines on How To Improve Your Credit Score, you will be able to convert your bad credit into excellent credit and simply apply for personal loans. apply for immediate personal loans you wouldn’t be asked for payment protection insurance immediate personal loans you should learn about debt consolidation loans ]]></description>
		<wfw:commentRss>http://www.financiere.co.uk/bad-credit-history-apply-for-immediate-personal-loans-517/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Career And Job Forecast 2010 &#124; Job Market News And Analysis</title>
		<link>http://www.financiere.co.uk/career-and-job-forecast-2010-job-market-news-and-analysis-513/</link>
		<comments>http://www.financiere.co.uk/career-and-job-forecast-2010-job-market-news-and-analysis-513/#comments</comments>
		<pubDate>Tue, 25 May 2010 19:50:40 +0000</pubDate>
		<dc:creator>Christopher</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Predictions & Forecast]]></category>
		<category><![CDATA[The Job Market]]></category>
		<category><![CDATA[career]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[forecast]]></category>
		<category><![CDATA[joblessness]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[outlook]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[U.S.]]></category>
		<category><![CDATA[unemployment]]></category>
		<category><![CDATA[world]]></category>

		<guid isPermaLink="false">http://www.financiere.co.uk/?p=513</guid>
		<description><![CDATA[Career And Job Forecast 2010
Job Market News And Analysis
The job market news is not positive news media is not highlighting the recent 90,000 layoffs in US. a 44% increase 2010 news. downward job market trend. unemployment rate is 6%. Finance sector is the major sector. job cuts witnessed US job cut totals 19,000 financial sector. Financial sector the most critical sector of economy dramatic change in this sector indicates clear signs of danger. News media is controlled by the government  "not to create unemployment hype". UK job market joblessness in UK is severe. Britain jobless the economy is a vacuum tube.  UK Job Market
]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dow Falls Below 10K &#124; US Stock Market Forecast &#124; News And Analysis</title>
		<link>http://www.financiere.co.uk/dow-falls-below-10k-us-stock-market-forecast-news-and-analysis-509/</link>
		<comments>http://www.financiere.co.uk/dow-falls-below-10k-us-stock-market-forecast-news-and-analysis-509/#comments</comments>
		<pubDate>Tue, 25 May 2010 17:53:40 +0000</pubDate>
		<dc:creator>Christopher</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Predictions & Forecast]]></category>
		<category><![CDATA[UK Stock Market]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Euro]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[forecast]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[invest]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[outlook]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[shares]]></category>
		<category><![CDATA[stock]]></category>
		<category><![CDATA[U.S.]]></category>
		<category><![CDATA[world]]></category>

		<guid isPermaLink="false">http://www.financiere.co.uk/?p=509</guid>
		<description><![CDATA[Dow fallen below 10,000 points at -9880. analysts forecast short fall but due to Euro downfall and North-South Korean crises as reported by the news media, the U.S. Stock Market is in doldrums. Euro News, Analysis and Forecast. Nasdaq and S&#038;P are sharing the agony NASDAQ being a technology market should had an upward trend but as the crises are serious, even the technology market is not safe for investments. The gold market has also fallen The Oil prices have also witnessed a change of 3%. attract investors because the economy is stable and outlook is positive. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Gold And Oil Prices &#124; News &#8211; Analysis &#8211; Forecast</title>
		<link>http://www.financiere.co.uk/gold-and-oil-prices-news-analysis-forecast-495/</link>
		<comments>http://www.financiere.co.uk/gold-and-oil-prices-news-analysis-forecast-495/#comments</comments>
		<pubDate>Thu, 20 May 2010 19:54:27 +0000</pubDate>
		<dc:creator>Christopher</dc:creator>
				<category><![CDATA[Gold]]></category>
		<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Predictions & Forecast]]></category>
		<category><![CDATA[Euro]]></category>
		<category><![CDATA[forecast]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[outlook]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[shares]]></category>
		<category><![CDATA[stock]]></category>
		<category><![CDATA[U.S.]]></category>

		<guid isPermaLink="false">http://www.financiere.co.uk/?p=495</guid>
		<description><![CDATA[Gold and oil prices have sharply declined in the past 5 days due to issues unclear to investors. It is mainly due to US stock market downfall and euro zone crises which have made the precious metal and gasoline prices to fall. 

Gold has witnessed +4.86% change which was a good sign. Now onwards, gold prices shall decline for the next 10 days or so.

Oil has witnessed -13.31% change which still continues to decline till the month of June. 

The Gold and Oil markets have been hit by US Stock market as major shares are on the doldrums. It is expected that the market will be recovered soon. 
]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>US Stock Market Forecast And Predictions May &#8211; June 2010 &#124; News And Analysis</title>
		<link>http://www.financiere.co.uk/us-stock-market-forecast-and-predictions-may-june-2010-news-and-analysis-490/</link>
		<comments>http://www.financiere.co.uk/us-stock-market-forecast-and-predictions-may-june-2010-news-and-analysis-490/#comments</comments>
		<pubDate>Thu, 20 May 2010 15:53:53 +0000</pubDate>
		<dc:creator>Mike Richards</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Predictions & Forecast]]></category>
		<category><![CDATA[US Stock Market]]></category>
		<category><![CDATA[Euro]]></category>
		<category><![CDATA[fed]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[forecast]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[outlook]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[shares]]></category>
		<category><![CDATA[stock]]></category>
		<category><![CDATA[U.S.]]></category>

		<guid isPermaLink="false">http://www.financiere.co.uk/?p=490</guid>
		<description><![CDATA[The American stock market is on the doldrums as heavy losses have been witnessed by the investors. Dow Jones have fallen more than 1000 points which is incredibly low after the 2007 recession. The market recovery period for NYSE. NASDAQ (IXIC) and S&#038;P (GSCP). Euro-Zone’s debt crises global economic. The Dow Jones Industrial Average has declined to almost 9%. Nasdaq and S&#038;P have fallen 2.71% and 3.6%. UK stock market. board member of Fed. The predictions news and analysis]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Investing for Beginners</title>
		<link>http://www.financiere.co.uk/investing-for-beginners-318/</link>
		<comments>http://www.financiere.co.uk/investing-for-beginners-318/#comments</comments>
		<pubDate>Tue, 23 Mar 2010 20:34:47 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Savings & Investment]]></category>
		<category><![CDATA[UK Stock Market]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[invest]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[shares]]></category>
		<category><![CDATA[stock]]></category>

		<guid isPermaLink="false">http://www.financiere.co.uk/?p=318</guid>
		<description><![CDATA[Investing for Beginners 
Shares Market Basics
If you are new to investments then it is worth your time to learn some basics of shares market before you take the risk. Business, in other term is known as risk. Most people are not comfortable with crashing shares market and thus they don’t invest or take the risk for investments thus losing an opportunity for great profits. 
It is true that shares market has the most highly profitable returns sometimes profit exceeding 18% in six months. This rate of return is not even possible in banking and other financial institutions whereas property and gold assets are exceptional. \
A share, in simple terminology, is owning one or more share of stocks in a company. A person owning shares is called shareholder. Shareholder has no interference in the company policies whatsoever but only plays a part of investor. The shareholder will be profited if the company excels and vice versa. 
Types of Shares
There are two main types of shares namely Common and Preferred. Common shares represent the majority of stocks, ownership in a company and a claim on a portion of profits (dividends). The dividend amount alters and is not definite. In the long run, common shares yields greater amount of returns than most other investments. 

On the other hand, preferred shares represent a degree of ownership in a firm or a company but usually doesn’t include voting rights whereas common shares has this advantage that shareholders can vote to elect the board members. With preferred stocks, shareholders are usually guaranteed a fixed dividend amount.

How to Buy Shares
Buying Shares is easier and faster than ever before, but unquestionably no less risky. If you’re a novice investor, you’ll want to organize yourself for the unpredictable markets before investing. For detailed post on how to buy shares please click here

Why Shares Price Change
The price of shares in general is determined by demand and supply. If there are more buyers and fewer sellers, the shares price will rise. It’s only because the shares of that particular stocks are limited and people are willing to pay higher prices for them. Similarly if there are lots of shares of stock for sale and no buyers in market then the price of that particular share will drop. Because of these factors, the shares market fluctuates very often. 

Anyone can get familiar with demand and supply concept. What is difficult to figure out is what makes people buy a particular stock and reject another. The price movement of shares indicates what investors feel about a company’s worth. It is not feasible to equate a company’s value from its shares price as it is not always an accurate indicator. 


Bull Market
A bull market is when economy is booming and inflation and unemployment rate is low, allowing shares price rise. It is easy to buy shares during bullish market but not recommended because what goes around comes around. Same is the case with shares market, bullish market won’t last long. 

Bear Market
A bear market occurs when the economy is under stress or inflation and recession is on the rise. Our financial advisory division recommends investors to purchase stocks at the time of extreme bearish market when the prices are very low, and stick with investments until the prices rise again. This is the best investment technique and the profits gained are tremendous. 
]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>UK Job Market</title>
		<link>http://www.financiere.co.uk/uk-job-market-194/</link>
		<comments>http://www.financiere.co.uk/uk-job-market-194/#comments</comments>
		<pubDate>Wed, 03 Mar 2010 20:22:23 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[The Job Market]]></category>
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		<guid isPermaLink="false">http://www.financiere.co.uk/?p=194</guid>
		<description><![CDATA[Britain's jobs market is still vulnerable. A significant fall in employment targeted more employers planning to cut jobs than appoint new staff which is the result of joblessness in the public sector. Around one in every three public sector employers plans to shed jobs this sooner or later this year.
Sectors such as IT, computing, engineering and construction that were predominantly hit by recession are clearly on the recovery stages. The impact of the expected public sector recession on the jobs market has yet to be felt and will be executed in the next six months. The improvement in the job market is still miles away as more joblessness and fall in hiring intentions in the public sector are expected even though the economy has come out of recession.]]></description>
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		<title>Causes of Global Recession</title>
		<link>http://www.financiere.co.uk/causes-of-global-recession-186/</link>
		<comments>http://www.financiere.co.uk/causes-of-global-recession-186/#comments</comments>
		<pubDate>Tue, 02 Mar 2010 22:24:21 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
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		<guid isPermaLink="false">http://www.financiere.co.uk/?p=186</guid>
		<description><![CDATA[The decade of 2000 and especially the year 2007-08 saw a great boom in economic activity all over the world. And of course the leaders of this rat race were none other than the major holders of the international market i.e. America and some European states. This resulted in soaring prices of commodities, real estate and oil at breakneck speed. By mid 2008 prices went so high that it marked global inflation to historic levels. Domestic inflation reached 10-20 years high for many nations. Inflation also increased in developed countries but remained low as compared to the developing countries. This scenario caused the formation of economic bubbles largely consisting of the real estate bubbles all over the world.

Ironically and as predicted by many economists, especially in America, this booming economic activity resulted in the global financial recession. One of the major causes of the recession is the absence of a responsible role of states in the international financial market. There is always a huge risk of such recessions in non-government institutions like IMF, WTO and multi-national corporations rather than the states themselves controlling the global economy. The self-regulatory mechanism in markets, generally known as free market, is a utopia and not practicable in the long run. It might work for the economic leaders for a certain period of time, due to their leadership, but will ultimately fail. As it failed for Asia, Africa &#038; Latin America.

The global financial crises had been brewing up for a while, and it actually started to show its effects in mid 2007 and finally came out in the open after mid 2008. All around the world the real estate crashed and oil prices bulled, resulting in fall of stock markets and collapse of large financial institutions. Even the wealthiest nations had to come up with rescue packages and Bailout plans for their financial system. 300 banks were bankrupted only in United States due to the contemporary recession. In its repercussions, 10 banks were bankrupted in Europe. The story does not end up here, thanks to the trickle down effect, the global financial meltdown will effect everyone in this highly globalized world; from developed countries to developing and 3rd world countries. ]]></description>
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		<title>U.K. Unemployment Bullish</title>
		<link>http://www.financiere.co.uk/u-k-unemployment-bullish-117/</link>
		<comments>http://www.financiere.co.uk/u-k-unemployment-bullish-117/#comments</comments>
		<pubDate>Tue, 23 Feb 2010 03:04:08 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
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		<guid isPermaLink="false">http://www.financiere.co.uk/?p=117</guid>
		<description><![CDATA[Our financial advisory division has warned that unemployment could rise steeply this year and has also forecasted a rise in unemployment upto 2.8 million.This is the longest period of recession since world war II. ]]></description>
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