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The rapidly declining producers optimism
Mood producers in Brazil, Russia, India and China (BRIC) have sharply
deteriorated. This is the latest sign that the global economic
crisis reel ever wider circles. The latest KPMG survey / Markit
shows a deep decline in optimism in the Bric countries in the wake
of deteriorating already in the moods of the European Union. The
effects of a slowdown in most industrialized economies the world
clearly reflect on the rest of the world. I think it should finally
convince supporters of the theory of "decouplingu" (the
theory according to which emerging economies are able to resist
the slowing in the developed world - Assign. Transl. Onet.pl) -
says Andrew Smith, chief economist at KPMG. - The scale of the
slowdown in the United States, Europe and Japan, clearly strikes
at the Bric economies of the different sectors, reflecting on exports
and foreign investment. The survey carried out among 1,800 industrial
establishments in the Bric countries, monitor the trends in activity
by subtracting the percentage of companies providing a decrease
of activity in the next 12 months, the percentage, which provides
for its growth.The slowdown in Europe more and more are also beginning
to bounce back in the labor market. The net result of companies
seeking to increase employment fell from -6.9 in June to -35.4
today. |
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U.S. authorities reveal details of the
aid plan for banks
Bank
of America. U.S.Goverment has sought yesterday
to help U.S. banks, giving more details of
the plan administration Obamy, which provides
for the injection of capital to institutions
that are in a difficult situation.
Quick way to the end of recession
Companies
that have a large positive balance in its
bank deposits, may be used by weak demand
and too low to acquire cheap assets. On the
other hand, companies that do not have a
penny in the bank, and excessive debt, keep
a fierce debate with their financial poplecznikami,
trying to avoid the forced sale of assets |
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