Current Affairs Articles

Culture and Society » Current Affairs | By Ki Gray @ Sunday, 26th October 2008 @ 7:09 PM

This week 30 year mortgage rates rose over half a point. This is the largest one week increase this year. It's interesting that the rate increases happened after the bailout was passed by the government. Although this is not a sign the bailout will fail its not a positive sign of its future effectiveness. The primary purpose of the bailout was to influence banks to lend. And "hopefully" taking away billions of bad loans would cause banks to ease restrictions and lower rates. I... more...

Culture and Society » Current Affairs | By John Bisnar @ Friday, 24th October 2008 @ 12:37 AM

First Things First. Attend to the needs of the injured and make appropriate arrangements for the deceased. There is nothing survivors and the families of the deceased need to do immediately to preserve their personal injury rights to compensation for their injuries and losses or investigating the train accident itself. Attend to the medical, emotional and spiritual needs of family members first. Medical Expenses Medical expenses for survivors and the deceased should be billed direc... more...

Culture and Society » Current Affairs | By Shawn Wilson @ Monday, 20th October 2008 @ 8:39 PM

In the crazy economic times that we are currently living in I am wondering if the money and time spent on watching millionaires play sports is going to drop? I am talking about all sports here, Football both American and European, Baseball, Hockey, NBA car racing like Nascar, Formula 1 and many more. You have to think that most of us around the world are going to take a serious look at were are dollars are going. One of the easiest ways to reduce our monthly expenses is to remove those items tha... more...

Culture and Society » Current Affairs | By Steve Hanson @ Monday, 20th October 2008 @ 10:15 AM

Simply put, Neolites are an improvement on an improvement. What I mean is that compact florescent lighting (CFL) is an improvement over traditional incandescent lighting, which has been in homes for years. We see incandescent lighting in light bulbs and lamps everyday. They are in our homes and in our workplace. Neolites are an improvement on CFL technology, bringing us an even safer, longer lasting alternative to standard CFLs. The problem with incandescent lighting is that it pro... more...

Culture and Society » Current Affairs | By Tim Staines @ Wednesday, 15th October 2008 @ 3:33 PM

Economic recession is gripping the United States right now and people just don't know what to do about it. In truth, economic recession isn't something new anymore. In fact, it has been happening all through out the decades. People don't just know about it because it has not been as widely publicized as now. This is perhaps because of the ongoing political race between the Republican and the Democrat. And mayhap also because, the country has never experienced such downturn in econ... more...

Culture and Society » Current Affairs | By Tim Staines @ Wednesday, 15th October 2008 @ 2:51 PM

Economic recession may be a normal part of the economic cycle but this does not mean that it is easy dealing with it. In fact, a lot of people have already been burned by this problem in the United States. Times are tough in the country and more and more people are feeling the heat of impoverishment. With the problems in the real estate industry and the job losses that have occurred all throughout the country, more and more people are getting worried about what will happen to them. Essen... more...

Culture and Society » Current Affairs | By Tim Staines @ Wednesday, 15th October 2008 @ 2:50 PM

Economic recession is defined to be a period of time (two consecutive quarters) where there is dismal or negative growth in an economy of a specific region or country. Economic recession has different effects on each sector of a nation. A particular sector could experience an impact that could distinctive only in his or her sector. Women comprises half of the world's population. During recessions, there is a relative downturn on women's employment that ever before. Before the Un... more...

Culture and Society » Current Affairs | By Tim Staines @ Wednesday, 15th October 2008 @ 2:48 PM

An economic recession is defined by a negative growth in gross domestic product for two consecutive quarters. In other words, the gross domestic products are decreasing in production. Recession is a national or world even regional event. Economic recession lasts from six months until a year or two, which could be the worst time frame for a recession. Based on the experience of the United States with its last three recessions, the labor- market recession would last between three to f... more...

Culture and Society » Current Affairs | By Tim Staines @ Wednesday, 15th October 2008 @ 2:46 PM

Economic recession may be normal occurrence but it does not mean that it cannot hurt you. In Economics, recession refers to the period in a country's economy when there is slowing down of progress and rising inflation rates. Like a cycle, a country's economy is sometimes up and sometimes down. We just dont feel it before because the economy oftentimes bounces back fast. It is only now that recovery seems so slow and damage has become far-reaching with the crashes in the real estate ind... more...

Culture and Society » Current Affairs | By Tim Staines @ Wednesday, 15th October 2008 @ 2:45 PM

This year, there have been murmurs that the United States is entering, again, into an economic recession. Although the National Bureau of Economic Research still has not release any formal announcement regarding this, American people are starting to experience an economic slowdown and a downturn in their financial and personal life. This would not be the first time that the United States would experience an economic recession. According to economists, since 1854, the United States has enc... more...

Culture and Society » Current Affairs | By Tim Staines @ Wednesday, 15th October 2008 @ 2:45 PM

The United States has been experiencing economic recession since early of the year 2008. Latvia, Estonia and Lithuania are also at risk of facing economic recession for the next 12 months. While Canada, Britain and Japan may foresee a recession in their economy in the future. With all this recession risks, ordinary people, could not help but wonder what exactly is an economic recession. The economic cycle is that when an economy is strong, people are employed and earning. The... more...

Culture and Society » Current Affairs | By Thomas Pretty @ Tuesday, 14th October 2008 @ 4:54 AM

The latest research estimates that the average household uses around fifty thousand litres of water in any one year for drinking and bathing. This amount of water, to give an idea of scale is the amount needed to fill a private swimming pool, to add more realism to this sum, if a person was to buy this water in bottles, the annual cost would be around twenty thousand pounds. When this is taken into account the bill we pay seem to be considerable value; even so, in recent years the price ... more...

Culture and Society » Current Affairs | By Ramona Weisly @ Monday, 13th October 2008 @ 4:15 PM

September 11, 2001 is the day one when of the most famous bastions of "capitalist might", the World Trade Center, fell down like a ton of bricks from a massive terrorist attack. Thousands of people were dead in a matter of minutes, and the bustling financial district where once stood the famous twin towers turned instantly into a morbid graveyard of rubble called the Ground Zero. Anyone who followed this dark path of history would know that the world-shaking event grounded the ec... more...

Culture and Society » Current Affairs | By Ki Gray @ Thursday, 9th October 2008 @ 10:45 PM

The general arguments concerning the bailout have gone something along the lines of Anti Bailout : "The taxpayers should not have to foot a 700 billion dollar bill to bail out Wall Street" Pro Bailout : "But if taxpayers do not bail out Wall Street the economy will fall apart and those same taxpayers will be hurt" If we could be sure the bailout would work the second argument has some merit. While the bailout will certainly help the banks, the problem is we ... more...

Culture and Society » Current Affairs | By Ki Gray @ Tuesday, 7th October 2008 @ 9:23 PM

In a week of historic changes in the US financial markets mortgage interest rates held pretty much even across the board. With the market making the largest one day drop in decades and also one of the largest one day gains in a long time to mention nothing of the historic 700 billion dollar bailout package we would have expected something to happen with mortgage rates. Instead we saw some of the smallest changes in rates we have seen all year. So what happened? On the one hand I think the ma... more...

Culture and Society » Current Affairs | By David Brice @ Sunday, 28th September 2008 @ 4:33 PM

Over half a million Poles have entered the UK after their accession to the EU in 2004, but we hear less about the vacation migration in the opposite direction; when the Brits flock to Eastern Europe. The online travel agent,globalholidays discovered the low down on the exodus ! The former communist countries are becoming extremely popular with British holiday makers due to bargain flights, inexpensive accommodation, and most importantly, cheap, high quality beer. While eight forme... more...

Culture and Society » Current Affairs | By John Bisnar @ Friday, 26th September 2008 @ 5:47 PM

Legal Issues For Survivors and The Families of the Deceased Attend to the needs of the injured and make appropriate arrangements for the deceased. Your legal rights are already being looked into by my law firm and other personal injury law firms like ours throughout Southern California that have experience in railroad accident cases as well as a number of governmental agencies. There is nothing survivors and the families of the deceased need to do immediately regarding preserving their pe... more...

Culture and Society » Current Affairs | By Shaun Parker @ Friday, 26th September 2008 @ 5:27 PM

Airport parking facilities are owned by companies outside the realms of the airlines themselves and offer various services depending on the park that you use. Prices will vary depending on the location of the airport parking lot - the closer to the terminal, the more expensive the stay. They also have optional extras that mean a security guard might possibly be patrolling the area, your car may be valeted for an extra charge or you might have taxi's laid on if you park further away from you... more...

Culture and Society » Current Affairs | By Vance Lane @ Tuesday, 23rd September 2008 @ 1:45 PM

So what happens now? Ike has come and gone and the wake of destruction left behind is unbelievable. I was just in Hooters which was in a pier, off the sea wall, out over the Gulf a few weeks ago. I had a great Tuna sandwich on the back deck, sitting on top of and looking out over the water. It was peaceful, it was relaxing, it was there, something that can no longer be said. Concrete and pillars remain as a shadow of what used to be. My favorite souvenir shop where I bought my kids... more...

Culture and Society » Current Affairs | By Rachel Yoshida @ Monday, 22nd September 2008 @ 9:39 AM

There has been so much attention given to the coming of hurricane Gustav. For well over a week there has been little else discussed in weather reports except the fact that Gustav could possibly rival other oat hurricanes like Katrina, Andrew, and Camille. Much preparation was made to be as ready as possible for this next big one. Buses and trains were set up well ahead of time for evacuees that had no way to get out on their own. New Orleans especially wanted to make sure there was no repeat of ... more...