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Swiss chocolatiers have been hit hard by the global economic downturn. According to Switzerland’s association of chocolate producers, it is said that in last year, the chocolate industry “had to swallow losses” for the first time in six years. This was not only due to the economic crisis but also due to the rise in [...]
Before Copenhagen, the markets in trading green-house gas emissions were buoyant. For the first time, nearly all of the world’s big economies, including the US and China, had set carbon reduction targets that vastly boosted prospects of the trade. As another fillip, the US was considering a federal system of carbon trading capable of sending [...]
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- Tags: Carbon Trading
Just-in-time strategies for managing inventories, the importance of which were highlighted by Henry Ford in the 1920s, remain vital for many businesses. The less time materials have to be stored, the less money is tied up in such storage costs and the higher profits can be.
One area where such a mindset has singularly failed, however, [...]
Since the stock market around the world, held in March, when most of the year’s lows hit in 2009 was restored.
This year, the government and central banks around the world took extraordinary measures to get their economic growth.
The Financial Times in 2009
In London, the FTSE saw the biggest since 1997, the annual gains, up 22% [...]
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- Tags: boost, Stock market
Today, the deputy governor of the Bank of England warned that UK is now facing the worst recession in decades.
It is said that further action was required to prevent a prolonged recession, however, there was nothing that could be done to stop a sharp downturn in the first half of 2009. Interest rates could be [...]
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