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The Big Three have a new ad
Nice spoof: Source: The Big Picture
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Start of holiday season, new review at DVH
Black Friday in the United States kicked off the holiday season, there are worries that due to the economic crisis people are going to spend a lot less this year but Black Friday spending seems to be a success. ShopperTrak says sales were up 3 percent from last year on Black Friday and a survey…
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CES room rates dropping due to credit crisis
About 1.5 years ago when the credit crisis started unfolding few people outside the financial sector noticed consequences but in the last couple of months nearly every industry started to get affected by this worldwide recession. People are consuming less, major manufacturers are cutting back their production and thousands are getting fired. I just read…
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The euro bubble is bursting
When I wake up and start working one of the first things I do is read some sites, forums and blogs to get up to date. One of the many things I check a couple of times a day is the EUR/USD currency exchange rate to see where it’s heading. Over the last couple of…
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And it got even crazier
Last week was pretty crazy but it has become even worse. The Bel20 (a Belgian index) lost 7.98% today while the Dow Jones plunged 700 points (-6.98%) which is its biggest-ever point drop. The Nasdaq crashed 9.14% today and the stocks of most firms are down hugely. The S&P500 dropped 8.79% – it’s biggest loss…