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US Supreme Court to Review Obama’s Health Care Plan
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Advanced Micro Devices announced that it would look into low-power servers again. It launched Opteron 4200 and 6200 processors at an event in Beijing. During the SC11 supercomputing conference in Seattle, Washington, it revealed its Opteron roadmap that includes low-end, single-socket server processor.
John Fruehe, director of product marketing...
US Credit Rating and its Effect on Investors
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Standard & Poor’s downgraded the U. S. credit rating to double A-plus from triple A, which added more uncertainties to the global market that’s already plagued by concerns about debt issues and slow economic growth.
There’s not much difference between triple A and double A-plus ratings. Double A is considered high-grade credit while triple-A...
European Stock Market Crisis to Cause a Setback to the World Economy
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In regards to the ongoing European stock market crisis, the Federal Reserve Governor – Daniel Tarullo said that the current problem holds a serious potential of causing a setback to the world economy.
We have tons of incidents to relate to the current fiasco, for example;
- Investors are selling a huge range of assets, fearing that the Europe’s...
US Shares to Close Down to a Lower Level Due to European Stock Market
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The European stock market and economic recession caused the US shares to close down to a lower level and already; a high level of wariness is hovering over the international stock market. As compared to last month, Dow Jones’ index dropped down to 0.34%, after rising up to 3.5% on last Monday.
And that’s not all, because “Obamaville” also...
Stock Market to Constantly Face a Slump
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The stock market has been constantly facing a slump, since the last one week and this thing is common all over Europe and U.S. . . . The investors have become a lot more cautious and they’ve mulled the Greek debt crisis in a clear cut manner.
The Down Jones Index also dropped by 140 points – 1.3% by this afternoon. They only managed to gain 59...
No Reasons to Worry about the VIX
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You are probably thinking that the current financial situation is more volatile? Nah, don’t you remember the time period of fall 2008? People are worried these days, thinking that Europe can’t redeem its debt woes and all those Greece related problems are just the tip of the ice berg.
China, on the other hand, is slowing up its growth to get...
Possible Triggers for the Expansion of European Debt Crisis
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In the current European stock market crisis, the many potential triggers for the expansion of this crisis, include a failed bond auction and signs of Athens and other donor nations, backing away from the 110 Billion Euro bailout deal.
It is sort of like a domino effect and the trembles were felt even across the globe in foreign stock markets. For...
European Financial Markets to Be in Crisis Again
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European financial market is in crisis once again – that small “happy” phase is over after the EU and IMF passed the approval for a long delayed financial rescue package for Greece. The overall deal worsened on Tuesday ever since the Euro was pushed down to the lowest level against the Dollar in a year.
The apparent situation was taken as a...