LATEST NEWS

(may 16 2014)The location of Toyota Motor Corporation’s U.S. headquarters to Plano, Texas, is likely to bring 7.2 billion dollars of economic activity over 10 years, according to an analysis for the city.
The total figure encompasses $4.2 billion from payroll, together with direct & indirect spending, and sales & property tax revenue, according to the research by a Chicago-based audit, tax & advisory company, Grant Thornton. The report of the analysis was released 12^th May, when the city, a suburb of Dallas, approved incentives for the company.

(May 9 2014) The end of the first quarter and the begging of the second quarter of 2014 in the United Kingdom are all about its budget, which has mixed reaction from economic analysts. The George Osborne budget was delivered in March 19, 2014. Since then it is now gathering storm in the UK financial news walls and report winners, losers and those who benefited at neutral position. Generally, the budget aligned to save but economic analysts indicate that it did forget an aspect of housing, which is touching UK citizens who are yet to acquire property.

Property is souring in the UK. What is happening in the property industry of the UK

(May 9 2014) Economic Analysts look forward to the 2^nd -quarter GDP to top a 3 % pace. The drop in the labour force which was recorded last month could have been propelled by some of the 1.35 million people who lost their longer-term unemployment benefits at the end of 2013.

As they are no longer getting their unemployment benefits they have lost most of their incentive to continue looking for work as required by the law. A portion of the decline in participation in the labour market also reveal changing demographics, as well as citizens going on disability as they wait to reach retirement.

(May 9 2014) Stocks in the U.S. markets ended slightly on the high side as data showed improvement in the services sector & Apple computers shares went up above $600 for the 1^st time since late 2012.

However having its toll on the day's market gains, were tight concerns over an increase of tensions between pro-Russia separatists and Ukraine. The Ukrainian forces were ambushed by separatists forces, leading  to heavy fighting on the outskirts of Slaviansk, one of the rebel strongholds, this is coming a day after a police station in Ukrainian city Odessa was attacked.

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