Signalpost

The worst is over?
Iceland is six months after the country’s banking collapse back on the right track, and an economic “turnaround” later this year is not unlikely. Iceland has been out in real bad weather financially, so if the sun starts shining on the island there should be no hard feelings here.

Back on track
A delegation has been sent to Iceland to look deeper into hwo the economy is doing. “There has been some positive progress,” said Mark Flanagan – who is leader of the delegation that has spent the last two weeks to evaluate the Icelandic economy – today. read more aboute wether Iceland’s economy is turning around here

The G20 contries asambled

The fireign ministers of the G20 countries have been asambled to discuss what to do aboute the financial crisis. They have however found it rather hard to agree on a joined solution on the problems. There has been so many suggestions as to how this crisis should be solves, the same number of solutions are cousing disagreement.

Bad bankloans

These fancy parties are presently meeting in the southern England and some of them have been expressing that they belive that buying up bad bankloans would be the best and most effective solution to the financial situation. read more aboute wether the G’20 countries would be able to safe the economy here

The promise of the finance

There must be a better track of finances in the U.S. The promise of the Secretary of Treasury, Timothy Geithner – but it is just not a thing that you do just like that.

Cut off half

Geithner promises that Obama’s government is determined to cut off half of the American Govenment deficit over the next four years. Geithner said that the current financial year will end with a deficit of 1,750 billion. U.S. dollars, representing 12.3 per cent. of the U.S. gross domestic product. read more aboute Geithner’s speech here

The dream of every oil worker

It looks like just any oil workers wet dream. At everyday job with deafening noise, oil baths and juggling with tons of heavy steel structures with a flick will be replaced by luxury and happy days.

Oil Rig Hotel and Spa

The winner of the Radical Innovation in Hospitality Awards have ‘Oil Rig Hotel and Spa’ had such a good idea that it is difficult not to give this dream attention. Even if it is some years away. investments in abandent oil platforms

Psychology is very important

The American economy has been going extremely slow just as it has been the case all over the rest of the world. This is why president Obama’s rising popularity is a real gain for the US, believes the recognized economist Robert Wescott.

The consumer confidence rock bottom

The American consumer is completely down in rock bottom. Nearly half of Americans are afraid of losing their jobs, and Obama, it is thus crucial to reverse the mood and get people to spend money, so there may come once again in the growth and the negative spiral can be broken. read more aboute what psychology can do to the american economy

More singles – but why?

The past decade more and more people have become singles. This fact can make you wonder, why this happens. I mean, I know that there statistially are more women than men, but somehow the problem ought to even out. Maby it lays in our time, respecting and accpeting that people live alone.

Taking advantage…

Many singles, and I think that this especially relates to women, are terrified to end up alone. Because ironically, all the while society is accepting that people get together later in life, and postpone marriage and children to get well-educated and try wild things. read more aboute the money in the single life here

Chasing new capital

Royal Unibrews financial statements contained a grim surprise in the form of a depreciation in the Polish brewer activities at 455 million. And thus it appears that the company be chasing new capital. Either by raising the market or by selling a portion of the store from. It assesses at least Jyske Bank brewery analyst Jens Houe Thomsen, to the news agency Direkt.

Not easy

“I shall be liable to me know that they require that started a process to ensure a more appropriate capital structure. Such a process could well result in a capital increase, the analyst, but it does not look particularly good opportunities to get money in the market when you stand in the Royal Unibrews situation. ” read more aboute the financial crises at Unibrew here

“We’ll let you go”

Firing slips fly around the ears of people in the winter cold. Be it in Europe but also in the east and especially in the west, where U.S. companies have cut down greatly in his team.

Will Obama be able to work wonders?

Since Barack Obama’s election victory in November, the U.S. firms fired more than 728,152 employees. Not surprisingly, it is gone for the worst in the financial sector, but firing rounds frames but across the board. read more aboute the optimism in the american economy?

Vicious spiral

The Russian economy goes from bad to worse. Treasury now expects a decline in gross domestic product in 2009 to 2.2 percent. From an earlier forecast of 0.2 percent. in negative growth. It says Russia’s Deputy Economics Minister Andrei Klepach, according to Bloomberg News.

Had high hopes

In the autumn forecast was positive, with different expectations of up to 6 percent. in growth in 2009, but has only gone one way – downwards. Eventhough Russia fare from is hte only large economy in the world, that is experiencing the crisis coming closer, it is extra tough on this fragile economy read more aboute the Russian economy here

Will the demand on oil keep incresing?

While many expect the consumption of oil and production of the same black energy will increase, said the French oil giant Total CEO that the top is almost reached. It writes the Financial Times.

Unable to become more effective

Christophe de Margerie, Head Total, does not believe that the world will ever be able to extract more than 89 million. barrels of oil a day, a marginal increase from levels around 84 million. barrels today. The background is high production costs and political problems in oil rich countries like Iraq and Iran. read more aboute the Oil company Total here