Effect of Thailand floods: Hard disk price rises over 180% so far! Cameras also predicted to rise

Better stock up on those computers that you were going to buy anyway, because prices doesn’t seem like they will fall anytime soon.  During the christmas season, there is a large demand for electronics and computers, so prices are likely to be higher during the fourth quarter.  To compound this problem coinciding with the holidays, […]

Effects of credit rating downgrade of America to AA+

money

It finally happened.  After ratings agencies Moody’s and Fitch affirmed America’s triple A ratings but with negative outlook, China’s Dagong Agency and S&P Drops US Credit Rating to AA+ shortly thereafter.  S&P said that in addition to the downgrade, it is issuing a negative outlook, and there is a chance it will lower the rating […]

Philippines gets credit rating upgrade from Moody’s

money

Moody’s Investors Service on Wednesday upgraded the Philippines’ sovereign rating to Ba2 from Ba3.  The Philippines previously had a Ba3 rating, two notches below investment grade, granted in July 2009. It was Moody’s first rating upgrade for the country in 12 years. Before that it had a B1 credit rating from 2005 to 2009, its […]

effect of Middle East (mena) unrest in economy, inflation, and oil

Last March 2, Wall Street plunged 1.5% as the spike in oil prices is perceived to derail any economic recovery in the making.  At $97 oil for the Nymex, Bernanke said gains in oil prices were unlikely to roil the U.S. economy, although if oil prices remain high, that could stall growth and boost inflation.  […]

Top 10 fastest growing economies of the world

10 : Mongolia GDP Real Growth rate % :  10.60 09 : Liechtenstein GDP Real Growth rate % : 11.00 08 : Ethiopia GDP Real Growth rate % : 11.60 07 : Angola GDP Real Growth rate % : 11.70 06 : Ukraine GDP Real Growth rate % : 12.00 05 : Venezuela GDP Real […]

Pacquiao Fight Day effect on Economy

Filipinos know that the only sport event that can clear the streets from traffic better than a UAAP Ateneo Lasalle game is a Pacquiao fight! Aside from the streets clearing, malls have lesser traffic, prompting cinemas to offer the bout instead during actual fight time.  The same can be said as a marketing strategy by […]

The End of the American Dream?

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