The European zone is not getting the kind of employment generation their governments want. The private sector in the European zone is consciously cutting down on manpower and are only adding temporary workers rather than permanent employees.
This has resulted in the unemployment levels remaining at 10% levels, the highest in the last 12 years. The private sector alone needs to help the economy on this issue by generating more employment. For that it needs more orders from the exports market, which looks uncertain as of now.
Japan and US remain weak and they are the largest importers of European products and services. So the European unemployment level can come down only if there is an economic recovery in the US and Japan.
Archive for August, 2010
Europe unemployment remains at 10%
Why crude oil prices are sliding further ?
The crude oil prices have gone down steeply from over 83 dollars two months back to less than 72 dollars this week. The sharp drop in the crude oil prices is due to increasing fears of a double dip recession in the US, Japan and Europe.
But we need to see whether there is a real danger of a double dip recession in Europe. Germany , France and UK are doing relatively better and their local economies are also showing signs of reviving up. Also the US economy is not drowning as feared, and it is also likely to show positive growth, albeit at very low levels, in the coming quarters.
Coupled with this is the sure shot signs of healthy growth in China, South Korea, India and Australia.
These four economies together can pull up the global growth significantly and can hence help to make up for the loss of growth in Japan and some parts of Europe.
So expect crude oil demand to remain decent in the coming months, and the prices can be expected to remain in the 70-85 dollars band. And based on hedge fund investment pattern the prices would move in either direction.
Nothing is there to suggest today, that the crude oil prices can go down below the 65 dollars mark.
Online gaming is fun
There are many people who put in hours of work at office without showing any signs of fatigue. A small peek into the practices of these people would reveal many things. First these people would be taking enough physical rest, which we also do sincerely. Yeah, we are referring to the lovely eight hours of sleeping we all do sincerely every day.
Then what else these people do which most of us do not do ?. The secret is that these people take timely relaxation for their mind as and when time permits. There are many ways in which you can relax your mind, that is badly needed to rejuvenate your mind for delivering better results at the work place.
For example, you can go and play Carom board for an hour at your office play area, or even go for a short ten minutes table tennis game. There are still smarter ways of relaxing your mind with the use of your computer.
Yes there are many smart guys who play blackjack on their computer through the internet. There are indeed many websites on the internet which provide you with wonderful gaming options, free of cost. Yes there are indeed many online gaming sites that allow you to play blackjack for free.
There are also many websites that allow you a variety of online games on a paid basis, which provide you significantly higher amount of fun and thrill. The key is to ensure that you do not get trapped into one of the numerous online gaming sites that are dubious and are hell bent on extracting the money out of your wallet.
What is the fun in playing some online game and losing your money even without you knowing it ?. Then what is the way to identify the safe and user friendly online gaming sites that will allow me to play blackjack without any fear of losing my money or my enjoyment.
The solution is to go through one of the dependable reviewer websites that are into the task of reviewing and rating every major online gaming site on the internet. These reviewer websites have hard core professionals with proven track record on online gaming and they do the task of reviewing every major online gaming site in terms of various parameters. The reviewing parameters include range of games , rate of addition of new games, improvements made to existing games, customer support, speed of the games, ratio of prize money in case of paid games etc.,
Pakistan may not recover for years together
The Pakistan economy has been in doldrums for the last five years due to political issues , coupled with increasing internal insurgency issues. There are different sects of people living in that country and they do not trust each other. Hence the country is troubled with sectarian violence regularly and the Iraq – Afghanistan problem has only made things worse for Pakistan.
Now the poor country is saddled with massive monsoon floods not seen in the last ten decades. Over 20% of the country is now under water with most of them being the agricultural producing areas. Over two million people have been rendered homeless and a world health organization review has indicated that Pakistan would take years to get back to normalcy in the flood affected areas, as almost everything has been washed out.
If 15% of the population of a country see their belongings and their livelihood vanishing overnight, you can imagine the plight of the country in the following years.
Euro tail Lights
There are many accidents that happen even within city limits more due to poor tail lights and poor indicator lights. And to save your vehicle from being hit from behind, all you need to do is to put in some extra efforts to check regularly as to whether your tail lights and indicator lights are in working condition.
And whenever you find them to be out of order, you need to take your vehicle to the garage and fix the problem right away without any delay. While changing your tail lights, you need to ensure that you buy the best in class euro tail lights for your vehicle.
Now you can buy all your vehicle accessories including tail lights, of all the leading brands at affordable rates. All you need to do is to log into the internet and latch on to one of the leading and proven online car accessories selling source.
These sources have years of experience in selling quality auto parts and have created a good reputation of selling only genuine and dependable spares. Because their business model is sleek, they are able to sell their products at wafer thin margin to their online customers. All the very best.
HDTV is the latest in Television technology
The Television technology has been seeing a major improvement once every two or three years, in the past decade. The bulky television sets have been replaced by LCD television sets five years back, and recently these were replaced by the LED television sets.
Now you have HDTV sets which can bring in crystal clear picture with real colors to your living room. Just log into the internet and check out on the leading brands of HDTV and latch on to one of them.
Blockbuster may go bankrupt
It is not that only insurance companies or car companies or banks can go bankrupt in the US. Now it is going to be the turn of the movie rental chain, Blockbuster, to go bankrupt.
The company has been expected to get into bankruptcy by the analysts for the last several months, but it is most likely to come true in the coming weeks.
The latest set of economic data from the US commerce department , wherein the second quarter GDP growth has been revised downwards, is only a broad indicator of more bankruptcy filings to come in the near future.
US economy is not recovering…recession in the offing
The US economy is now heading into recession, if you go by the latest downward revision of the second quarter GDP by the commerce department. The latest data is one more confirmation of the sluggish US economic recovery, and that may complicate things for the US FED in the coming days.
On one hand, the US FED does not any leeway on interest rates which are already near zero, and further pumping of new printed currency notes would only spike up the inflation further. Also there are chances of a steep cut in the governmental spending, as a downward rating on some of the European nations’ sovereign rating could spark fears in the minds of global investors.
US is also running on a huge budget deficit , far higher than most of the European countries, and hence that could warrant some directional action by the US government. Once the November elections are over, we can expect some token action at least from Obama, and that could spell doom for the US in the medium term.
Dell now matches the HP offer for the storage company
The war for taking over 3Par is not over. Today Dell has matched the offer of HP for taking over the company, and experts following the interesting takeover tussle expect further revision in the offer from HP.
The technology companies of US have been making healthy profits in the last few quarters and every company is vying to put the reserve cash to good use by taking over suitable and synergistic companies.
Last week Intel announced the takeover of McAfee for 7.7 billion US dollars, a record sum.
Where to find quality iPod accessories
It is just not enough for you to get the iPod for you and your spouse, it is also important that you get all the required ipod accessories for your lovely gadget.
Now there are proven online sources which sell iPod accessories of good quality at affordable rates. All you need to do is to just log into the internet and search for a dependable and proven accessories geek and then buy all your requirements through them. And that can be done through few clicks of your computer mouse.



