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IMF : 2009 World Economy worst in 60 years

Taken from http://www.myleftwing.com

According to IMF Economy Chief, Olivier Blanchard, World economy growth in 2009 shall reach it lowest level since World Ward II. IMF predict that the growth shall only be just 0.5%. This number is very low compare to the 2008 growth of 3.4% and 2007′s 5.2%.

As for the US, which the epicentrum of [...]

CPO price up on incresing demand

Photo taken from http://img.alibaba.com

I read on this site that we could expect that the price of crude palm oil (CPO) is continue its upward trend. This is due to increasing demand in the world market due to declining stocks. It is believed that one of the factor to this increased is because stocks in Europe [...]

BI says global crisis not over yet

taken from http://www.heritage.org/

BI Governor Boediono reminded on Thu, 28 Jan 09 that the global crisis is not over yet and any time the impacts could hit the economy of any country, including Indonesia

“It`s like being hit by a series of earthquakes, one earthquake is not over yet, another follows. The quake`s epicenter is located in [...]