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Gold Price Gains Fueled Crisis Worries Europe

At the close of trading on the New York Mercantile Exchange early this morning gold futures prices have increased (9.21). A stronger gold price is driven by concerns that the conditions of the debt crisis in Europe will deteriorate. Market … Continue reading

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Decrease Debt Rating Not Influential Italy to Indonesia

Rating agency Standard and Poor’s downgraded Italy’s debt overnight. This will not affect directly to Indonesia because of the value of Indonesia’s trade with Italy is not great. However, Hatta expressed concern if the effect of downgrading the impact to … Continue reading

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Disappointed investors, Wall Street crashes

Stock prices on Wall Street re-cluck and parking in the green belt at the close of trading Monday. This attenuation occurred after re-airings fears of debt default, allowing the Greek government to propose a new bailout for the country, dubbed … Continue reading

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U.S. Presidential Tax Increase U.S. Millionaires

Barack Obama will raise taxes higher for the millionaires in the country. Obama will give details of the proposed tax hike on Monday, September 19 to coincide with the filing of long-term plan to reduce the budget deficit. The plan … Continue reading

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Greece, Avoid Failure Pay

Although the land of the gods is not to announce the new measures to secure international loans next month. Greece will take the necessary tough decisions the country to avoid default on debt. Prime Minister of Greece George Papandreou cancel … Continue reading

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