Tuesday, April 21, 2009

Great news from around the world

Unemployment in California shot to 11.2% in March, the highest level since the state began keeping records. What's more, the number of people out of work for almost a year rose by 9.4%, and has now doubled in the last 12 months.

U.S. venture capital investments sank 61 percent in the first quarter, dropping to the lowest level in 12 years as financiers became even warier about sinking funds into startups during a deepening recession.

Florida's unemployment rate for March 2009 rose to 9.7 percent, edging above the revised February level of 9.6 percent.

US conglomerate General Electric, which is viewed as a barometer for the health of the US economy, has reported a 35% fall in quarterly profit.

The Japanese government said on Tuesday it would issue bonds worth Y10,820bn ($110bn) to fund its planned stimulus package to try to rescue Japan from its deepest recession since the second world war. Can someone please count the number of stimulus coming from these sake-drinking idiots? Why don’t they get it!? Idiots.

Online brokerage TD Ameritrade Holding Corp. said Tuesday its second-quarter profit dropped 29 percent

1 comment:

  1. Hahaha, 19 years and counting! Remarkable that they have been able to not collapse even further.