Following prolonged automatic budget fixes, the celebration of 2013 it is expected to come along with enormous tax increase and huge spending cuts in the United States. Taxes will increase by approximately $500 billion and spending is to be cut down by about $100 billion due to the expiration of Bush tax cuts.
Sixty-Two Percent of Global Respondents Say They Are in a Recession; Sixty-Nine Percent Are Changing Spending Habits to Save More Global consumer confidence increased one index point to 92 in Q3 2012, and is up four index points from the same period the previous year (Q3 2011), according to global consumer confidence findings from Nielsen, […]
Most people in the world were pessimistic about the job market last year, with the Europeans were the most pessimistic, according to results of a Gallup worldwide poll released Monday. Fifty-seven percent of adults worldwide, on average, said it was a bad time to find a job in their local communities, while 33 percent said […]
How to increase sales and profits in a recession Although the doom and gloom merchants in the media would have you believe otherwise, recession does not go on forever. You wouldn’t believe it from picking up a newspaper, but the sky has not fallen in, the birds are still chirping, and life does go on as […]
World Bank issued warning that the world is on the cusp of a new global recession that could be as bad as the crisis four years ago.