BGN Entrepreneur

In November, China’s manufacturing sector shrank for the first time in nearly three years. According to figures by China Federation of Logistics and Purchasing, it is revealed that the purchasing manager index, which is a main gauge of manufacturing activity, tumbling from 50.4 to 49 in October..
According to the analysts, it is indicated that it [...]

Belgium has downgraded its credit rating by rating agency Standard & Poor’s had. The country could downgrade it more expensive to borrow for Belgium in the future. Belgium-rating was cut one notch to AA from AA + by S & P expressed concern about the funding and market pressures.
The move comes as the [...]

The interest rate for new debt due in six months should be paid back 6.504%, compared with 3.535% in the last comparable sale on 26 October. The price for two-year bond was 7.814%, up from 4.628% last time.
The Bank of Italy said that the demand was high for the bonds, the demand for debt [...]

Insolvencies and corporate failures among the UK retailers is expected to increase to the level at the end of 2008, when financial crisis start to break down the economy of the nation, by the time of Christmas this year.
According to the restructuring advisers and accountants, spike in UK retail failure will be expected due to [...]

China and Russia have been looking to actively push forward cooperation on oil and gas. However, the process has been long subject to delay due to disagreements in pricing.
Recondly, the two countries made giant strides in energy cooperation via first agreeing a price for Russian crude oil exported through a cross border pipeline and then [...]

Today’s world is tgreatened by the repeat of the 2008 economic crisis. The financial meltdown, which is expected to be of more cataclysmic scale, will take place in the European area instead of in the US. And this time, the financial mechanism involved will not be the highly complex structured financial products, but the government [...]

According to the analysts, it is said that overseas central banks are now diversifying away from the US dollars. For example, in a most recent attempt to get refuge from the financial crisis in the US and Europe, China bought more Japanese debt than it sold for the first time ever since October 2010.
According to [...]