Advantages and Disadvantages of Direct and Indirect Exports

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With the opening of Eastern European markets exports and imports became the domain of not only large state-owned trade associations, but also production companies and trading firms. Export as a whole should be distinguished between direct and indirect, because the mechanisms and tools of development are different. The simplest form of ...

Exchange Crises

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Exchange crises are a kind of reaction of the securities market on the excessive 'swelling' of fictitious capital. One such crisis occurred in October 1987, when stock prices fell sharply on the stock markets of the capitalist countries. Thus, in comparison with the maximum level of August 25,1987, in October ...

What is a Stock Exchange?

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Questions about what stock exchange is and what features are a part of its notion, of course, is primarily important for the legislation. There is a particular need for a legal definition and differentiation of various trade associations, because the economic importance and the effectiveness of the exchanges are just ...

Forex

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Forex Market has recently become known. And if you're reading this article, then you too have been intrigued by its profitability. You will probably want to learn how to make profit on it. It is not necessary to write about when it was formed, its turnover. More importantly, we need learn ...

Peugeot Citroen is buying the Russian unit of AIG

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American financial and insurance group American International Group, Inc. (AIG) is selling its banking unit in Russia - 'AIG Bank', is reported in the press release of the company on June 29. Banque PSA Finance SA, registered in June 2008 as the financial branch of French auto concern PSA Peugeot Citroen, ...

The War of Nerves Around Opel

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It seems that buying Opel by the Canadian-Austrian manufacturer of automotive components Magna - is a case that is resolved. However, the ongoing negotiations between Magna and the parent corporation of  Opel - General Motors (GM) - is increasingly becoming a war of nerves. Thus, an information has been released from ...

Volkswagen and Porsche Merge

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Volkswagen has announced the final terms of the merging of Volkswagen and Porsche companies that looks more like an ultimatum to Porsche. Volkswagen will pay an amount of 3 to 4 billion euros to Porsche, after which the two automakers will proceed to merging, transmits Reuters. As a result of the ...

U.S GDP in the 1st quarter of 2009

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The U.S. GDP in the I quarter of 2009 decreased by 5.5 per cent according to the final data. The data was presented on Thursday, June 25, by the U.S. Department of Commerce. Analysts expected that the decline in GDP would be about 5.7 per cent. That was the ...

EU Commission calls for social reforms

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Economics of the EU can not cope with the sharp increase of government expenses directed at combating the crisis and maintaining the growing number of unemployed, said the latest report of the European Commission. The Commission calls on EU countries to sharply tighten financial discipline so that the economic growth ...

Is the crisis not over?

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The optimism of the global investors lasted only a few months. This week, to concerns about the global economy returned to the markets once again. Now, optimism is not enough for market participants, for positive attitudes they need economic data, confirming the end of the recession and early recovery of ...

ZeniMax Media has acquired ID Software

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ZeniMax Media, which is the parent company of Bethesda Softworks, the developer of computer games TES and Fallout 3, announced about the acquisition of a not less famous and serious company IDSoftware, which is the developer of Doom, Wolfenstein and RAGE. However, the new acquired company did not not become ...