The resale values of existing homes fell for the first time in 11 years in the USA. At the same time the number of unsold houses on the market was the highest since current measures were put in place. The figures fully underlining concerns that the USA may be moving into a housing slump...
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Belgium is a small country in the Europe noted mainly for its strong beers and dour men in grey suits at the bureaucratic European Parliament. But at the moment it’s newspapers are savoring a sweet success against Internet giant Google. Last week Google cut off a dozen Belgium Newspapers after a court order forced...
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As oil slid below $60 a barrel on Asian markets for the first time in six months various analysts popped out of the woodwork to pronounce that oil still has much further to fall, with many predicting it could easily fall back to as little as $40 a barrel if a compromise is made...
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Lenovo announced this morning that they were investigating a series of battery caused fires. It also said that Sony was working with them to identify the causes. In a statement Sony outlined that it wasn’t 100 percent sure if the battery in question was from Sony. This is interesting, because after the Dell/Apple fiasco,...
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Inflation across the globe has been surprisingly low for some time now, much of this is down to the ‘Wal-Mart effect’ – where over 80 percent of Wal-Mart’s global suppliers are located in one country, China. In effect the combination of low cost, low wages and artificially low value of the Chinese Yuan have...
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