Bill Gatet rank as richest men in the world went down as global crisis; Lehman and WaMu were collapsed, Major Wordwide Industries housed their employers, cut their production and went to debt problems. Central Banks tried to help with lowering interest rate to recover the crisis and to refresh market. FED were third time to [...]
Archive for the ‘Economic’ Category
Global Crisis Effects on American Retailers
December 30th, 2008
jacky Retailers in the United States during this year are beginning complicated in big problems. Starting next month, they faced a problem in the closing outlets, bankruptcy, and corporate takeovers due the significantly decline on their sales during the holiday season is the worst figure in the last 40 years.
Based on data from the International Council [...]
Bank Indonesia Suggestion shows poor reaction from market
December 2nd, 2008
jacky Indonesian Reserve Bank did nothing in Money Market after rupiah declined 200 points or down to Rp.12.300/Rp.12.500 per USD from previous day set around Rp12.100/Rp12.300 per USD. Although Indonesian Reserve Banks attempt to save the rupiah, Domestic Demand for Rupiah is still higher-makes Bank Indonesia Experiment doesn’t result anything. High of Domestic Demand pains Bank [...]
Oil Price and Government Decision
October 26th, 2008
jacky After running high, Oil crude price now is lower than $80 per barrel. Amazing right! Why Oil crude price decline very significantly? Why? Congress had question to American Giant Oil Company about how much the real price for oil crude price, How much US to produce 1 barrel? And the answer was very surprising, lower [...]
Tax Definition and How it works
October 19th, 2008
jacky Taxes
Taxes are a levy imposed upon people or legal entities by a governmental entity. There are many forms of taxes including income taxes, property taxes, capital gains taxes, consumption taxes, excise taxes, retirement taxes, sales taxes, tariffs, toll taxes and transfer taxes. This article focuses on reducing income taxes for real estate owners.
Income taxes [...]
Indonesian Rupiahs declined significantly
September 17th, 2008
jacky Last two week, when closing weekend, Rupiah was around Rp.9250 per USD. But last weekend closing time, Rupiah had fallen into Rp.9600 per USD. And now Rupiah is 9450 per USD (taken from KlikBca.com).
Not only Rupiah declined significantly against USD, major currencies EURO, POUND, YEN Japan and Swiss Franc also declined against USD. Let us [...]
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