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Chinese Yuan: the world’s new reserve currency

Chinese Yuan: the world's new reserve currency

The financial sector in China has been affected to a certain extent in the face of global financial crisis, but generally speaking remains sound, healthy and stable. The demand for Chinese exports was hit, factories are closed and millions of workers lose their jobs. China’s economy felt the impact of the crisis but its perspectives [...]

Financial crisis may provoke depressions

Financial crisis may provoke depressions

Millions of people all over the world have been already affected by mental problems such as depressions. Those disorders could be further plunged into negative territory as the current market meltdown tightens its grip on the poorer sectors of the global community.

Financial crisis: how to survive

Financial crisis: how to survive

Normally people are very busy with their work and their own affairs. And they just don’t have spare time to worry about current events in the business world. But the global financial crisis 2007-2009 is an exception. It already had deep implications for most people.