Unemployment rises

March 1, 2012

http://www.guardian.co.uk/business/2011/sep/14/unemployment-rises-2-5-million

Unemployment rises above 2.5m milestone

• Jobless total rises to 2.51m
• Unemployment rate at 7.9%
• Public sector employment falls by 111,000
• Claimant count rises by 20,300 in August
•Youth unemployment increases to 972,000

 

Public sector job cuts imposed as part of the government’s austerity drive have sent unemployment back through the 2.5m barrier, according to official figures released on Wednesday.

The Office for National Statistics said the number of people out of work rose by 80,000 in the three months to July, reaching 2.51m, mainly due to a sharp rise in youth unemployment.

Despite ministerial hopes that the private sector will be able to compensate for the squeeze on the public sector, the ONS said the May to July period had seen the sharpest rise in unemployment in two years.

The unemployment rate using the internationally agreed yardstick for calculating joblessness rose to 7.9% for May to July, from 7.7% in February to April.

Officials said that employment in the public sector had fallen by 111,000 in the second quarter of 2011, the biggest drop since recent records began in 1999.

The government’s alternative measure for unemployment – the claimant count – indicated that an additional 20,300 people were out of work and claiming benefits in August, a smaller increase than the City had feared following an increase of more than 30,000 in July. The claimant count total now stands at 1,580,900.

Unemployment on both measures has been rising in recent months as the UK’s recovery from the deep recession of 2008-09 has stalled. Economic output has increased by just 0.2% in the nine months to June.

The ONS data showed that employment in the three months to July fell by 69,000, the weakest performance since spring 2010. Employment minister Chris Grayling, said: “Today’s figures underline the scale of the challenge that we face particularly given slower growth across Europe and North America. Unemployment remains lower than it was six months ago but clearly we must continue to focus our efforts on supporting business growth and ensure that people who do lose their jobs have the best possible support to get back into employment.”

Youth bear the brunt

Unemployment among 16-24-year-olds, the age group worst affected by the slowdown in the labour market, rose to 972,000 in the three months to July as school leavers and graduates struggled to find work. Among those aged between 18 and 24, the unemployment rate now stands at just under 19%, more than double the jobless rate for the UK as a whole.

TUC general secretary Brendan Barber said: “These are terrible figures. They are further evidence that the recovery has been choked off by a self-defeating rush to austerity. Government policies are hurting, but they aren’t working.

“Most worrying are the signs of a second wave of rising young unemployment – with the number of 18-24-year-olds out of work now higher than at any point during the recession – making the government’s decision to slash the support to young people through Educational Maintenance Allowances and the Future Jobs Fund look even more short-sighted and cruel,” Barber added.

A breakdown of the ONS data showed that public sector employment was 3.8% lower in the May-July period of 2011 than it was a year earlier, while private sector job growth has slowed – up 0.2% on the quarter and 1.2% on the year.

The number of people working part time because they could not find a full-time job reached a new record level.

Michael Saunders, economist at Citi, said: “Worse news probably lies ahead. The number of redundancies is up 40% quarter on quarter, while vacancies are falling. Private sector employment is likely to weaken further as firms cut back on labour use, and firms may well cut back rather more quickly than in the early stages of the recession because there currently is less offsetting stimulus from new falls in interest rates. The jobless total is likely to rise above the recession peak soon, and probably will reach 2.7-2.8 million people (8.5%-9% of the workforce) during next year.”

 

Relationship Mistakes

March 1, 2012

No.10 Don’t Expect Her To Change

Don’t expect them to change. People change because they want to, not because you want them to.

 

No.9 Find Someone Who Shares Your Interests

Here’s the straight scoop. There is a woman who will love playing video games with you. There is a woman who loves sports. Hell, there is a woman who loves polka, if that’s what you’re into. Don’t get stuck in the trap of believing “what girls are like” and accepting someone who doesn’t mesh with you based on this foolish common “knowledge.”

If you don’t want to be forced to watch Sex and the City, find a woman who’s not interested in Sex and the City, or one who is but who respects that you aren’t. Don’t want to go shopping? Tell your woman or find one who doesn’t want to drag you along. Many of the problems I hear guys complaining about could be easily fixed by finding someone who actually shares their interests instead of the first hot body that catches their eye, or by putting their foot down at the beginning of the relationship. Don’t pretend you like things you don’t, don’t go out of your way to pretend you’re someone you’re not; just be you and find someone who enjoys what you do.

I think this is the secret to happiness in relationships.

No.8 Don’t Make Assumptions

The biggest relationship mistake I see young men make is thinking that “women are this way” from all the stupid “forever alone,” “Hey, aren’t girls crazy?” and “Hey, listen to this story about my crazy girlfriend” stories that float around.

No.7 Try To See Things From Her Point Of View

I would have to add empathy to that list. Being able to place yourself in your partner’s shoes and see things from their perspective is very important when diffusing fights or disagreements. The challenge is to get your partner to also do this on a regular basis.

No.6 Make Sure You’re On The Same Page

Furthermore, be careful for “feelings inequity” (she likes you more than you like her, or vice versa). Not sure if this is a problem, but most relationships go badly because of this. I’m not sure if there’s even anything you can do about it, just something to watch out for.

No.5 Learn To Compromise

The biggest breakdown in communication is when both parties expect different things. You can’t expect to have the same feelings on every issue, but you should be able to find an equitable meeting place. If one party keeps having to compromise but the other doesn’t, it can get bitter quickly.

No.4 Tell Her How You Feel

Tell her about it. F*ck being clingy. If you feel something, really feel it. Say it. If she doesn’t feel the same way, you’ll lose this one girl, but if she does and you wait too long, you could regret it forever.

No.3 Always Resolve Issues

Always resolve issues; don’t leave things you care about unresolved. If you care about something don’t say “That’s OK” when she gives you a half-assed excuse. If it actually isn’t OK that she still sees her ex every Friday night, tell her. It will eat at you if you don’t.

No.2 Don’t Get Personal

When you argue, don’t get personal. Respect her. Don’t say things that will hurt her feelings and expect she does the same. Your loved ones can cut you the deepest, but they never should.

No.1 Make Sure To Communicate

Lack of communication. Make sure you talk sensibly about the things that bother you and, in turn, when she does the same, don’t make judgments too fast; think about how you respond.
Read more: http://www.askmen.com/top_10/dating/relationship-mistakes_1.html#ixzz1npxYjxmP

 

 

 

There is something eerie in the efficiency with which the Nazis ruled the whole country, including its population and industry, realizing their evil designs. Everyone knows about the big three corporations who collaborated with the Nazis. Hugo Boss designed the uniforms awesome SS (as well as the monotone brown shirts SA and Hitler Youth); Volkswagen punishment for Hitler designed the “Beetle” and pressed it, using forced labor; IBM has developed a punch card that was used to streamline the process of extermination of people by race and class .
However, this was not the only companies that were operating in collusion with the Nazis – the other global entities, which today can still learn, too, sold their souls to the devil in many ways – and you may be surprised at the sight of some of the names listed below.

10. Chase Bank

If you think about conspiracy Chase Bank (now JP Morgan Chase) with the Nazis is not so much and amazing. One of the main holders of its shares, Dzh.D.Rokfeller directly funded pre-war eugenic experiments the Nazis.

Between 1936 and 1941, Chase and other banks the U.S. has helped the Germans to get over 20 million in U.S. dollar terms, while earning more than $ 1.2 million commission – of which Chase pocketed half a round. In those days it was a lot of money. The fact that the German mark, to finance operations, had its origin in Jews fleeing from Nazi Germany, apparently not bothered Chase – in fact, the bank improve its business after Kristallnacht (the night in 1938, during which Jews throughout Nazi Germany and Austria were targeted massacres.) Chase also froze the accounts of French Jews in occupied France before the Nazis even thinking to ask him about it.

9. Ford

Henry Ford was itself a notorious anti-Semite, who published a fascinating collection of articles titled “The International Jew. The original global problem. ” Ford even sponsored their own newspaper, which he used as an element of propaganda, accusing the Jews in World War I, and in 1938 received the Order of the merits of the German Eagle, the highest distinction of Nazi Germany, which was awarded to foreign nationals.

The German administration released a third of Ford trucks for the military needs of the German army during the war, with extensive use of prison labor. What shocks even more – perhaps servile labor was used in the production of Ford in 1940 – when the U.S. subsidiary of the company still retained full control.

8. Random House

You may not have heard of Bertelsmann AG, but you will hear about the books published by many of its subsidiaries, including Random House, Bantam Books and Doubleday. During the Nazis in power, Bertelsmann published Nazi propaganda literature, such as “sterilization and euthanasia – a contribution to applied Christian ethics.” She even published works Willie Vesper, who spoke with an enthusiastic speech by burning books in 1933. In 1997, Random House became the center of another debate about Nazism, when added “personality, fanatically loyal certain activities, practices, etc. or their desire to learn “to the definition of” Nazi “in Webster’s dictionary, the Anti-Defamation League that led to a statement that the publishing house” downplays and denies the bloodthirsty intent and the Nazi regime. ”

7. Kodak

When you think of Kodak, immediately before the eyes stand idyllic family photos and memories caught on film, but you should keep in mind actually – it’s forced labor that was used in the company’s German subsidiary during World War II. Kodak subsidiaries in neutral European countries were brisk business with the Nazis by giving them a market for their goods, and valuable foreign exchange. The Portuguese unit, even listed the profits unit in The Hague, which was then under Nazi occupation. Moreover, this company was not concerned with only one camera manufacturer – it has mastered the manufacture of fuses, detonators and other military goods for the Germans.

6. Coca-Cola

Fanta – flavored drink with orange, which was originally conceived for the Nazis. Quite correctly, the import of ingredients for Coke, which gives the brand its name, was limited and the control unit of Coca-Cola in Germany, Max Kite invented a new drink that could be made from available ingredients.

In 1941, Fanta debuted on the German market. Mack Kite himself was not a Nazi, but his efforts to maintain the smooth functioning unit Coca-Cola throughout the war meant that the company get hold of a fair profit and the end of the war could go back to the spread of Coca-Cola among stationed in Europe, the American soldiers.

5. Allianz

Allianz is the twelfth largest company in the world of financial services. Not surprisingly, being established in 1890 in Germany, she was in her largest insurer, when the Nazis came to power. As such, it was quickly tied things with the Nazi regime. Its director, Kurt Schmitt was also minister of economy, Hitler, and the company provides insurance facilities and staff of Auschwitz. Its CEO is responsible for the practice of paying compensation insurance was destroyed as a result of Kristallnacht, the Nazi state of Jewish property rather than the eligible beneficiaries. In addition, the company has worked closely with the Nazi government in tracking life insurance policies of German Jews sent to death camps, and during the war in favor of the insured property the Nazis seized from the same Jewish people.

4. Novartis

While Bayer and is infamous due to the fact that began as a gas producer unit Zyklon B, used by the Nazis in gas chambers, it is not the only pharmaceutical company with skeletons in the closet. The Swiss chemical company Ciba, and Sandoz merged to form a Novartis, famed for its first drug Ritalin (the infamous psychostimulant that is widely used in the U.S. to treat childhood hyperactivity, approx. Mixednews). In 1933, the Berlin branch of Ciba the powers of all the members of its Board of Directors of the Jewish nationality, and replaced them more “acceptable” Aryan personnel; Meanwhile, Sandoz was engaged in similar activities for its own Chairman. During the war the company produced for the Nazis dyes, pharmaceuticals and chemicals. Novartis frankly his guilt and tried to make amends for its characteristic of other companies accomplices way – sacrificing $ 15 million compensation fund to Swiss victims of Nazism.

3. Nestlé

In 2000, Nestlé in connection with the use of it at the time of slave labor in the fund paid out more than 14.5 million dollars to settle claims by victims of its actions and those of Holocaust survivors and Jewish organizations. The firm made the admission that in 1947 it acquired a company that enjoyed during the war, forced labor, and also stated: “There is no doubt either one can assume that some corporations in the group Nestlé, operating in countries controlled by National Socialist (Nazi) regime, exploited the forced laborers. ” Nestlé in 1939 in Switzerland, provided financial assistance of the Nazi Party, as a result of winning a lucrative contract to supply the chocolate to the needs of the entire German army during World War II.

2. BMW

BMW admitted to use during the war forced 30 000 unskilled workers. These prisoners of war, forced laborers and prisoners of concentration camps produced engines for the Luftwaffe and so were forced to help the regime to protect themselves from those who tried to save their own. In wartime, BMW has focused exclusively on the manufacture of airplanes and motorcycles, not claiming to be anything else but to be a supplier of military vehicles for the Nazis.

1. General Electric (GE)

In 1946, the U.S. government has imposed a fine on General Electric for its misconduct during wartime. Together with Krupp, a German industrial company, General Electric deliberately overstated the price of tungsten carbide, which is a vital material for the machining of metals needed for the war effort. However, being fined a total of some 36,000 dollars, General Electric has made itself only to this fraud about a half million dollars, thus preventing the mobilization and raising the price of victory over Nazism. GE, moreover, before the war broke out, bought a stake in Siemens, has made itself an accomplice than the use of slave labor for the construction of the very gas chambers, where they found their end, many sick workers.

 

Eurozone crisis: Greece gripped by general strike

ahead of crucial talks – as it happened

Photograph: Yannis Behrakis/REUTERS

Members of the Greek Communist Party held a rally in Athens yesterday. As this picture of Syntagma Square shows, they weren’t deterred by the rainy weather.

 

http://www.guardian.co.uk/business/2012/feb/07/greece-bailout-talks-general-strike

friday night,sunday night

January 2, 2012

Global Recession and Financial Crisis have become so critical and serious
now days that……
majority of the men have started loving their own wives!!!!!!**

I got your email

January 2, 2012

Dollar-cost averaging 101

December 25, 2011

Dollar-cost averaging 101
By Bankrate.com

Everyone knows the market goes up and down.

A common adage is to “buy low and sell high.” Trouble is, it’s next to
impossible to know exactly what the market will do in the near future.
What’s more, most individuals don’t have the discipline or courage to
try to time the market, says John Markese, president of the American
Association of Individual Investors.

“People who watch the market tend to put money in when it goes up and
never put it in when it goes down. Or if the market’s gone up, they’re
afraid they’ve missed it and they don’t do anything,” says Markese.

That’s where dollar-cost averaging comes in.
“It’s a discipline that reduces risk, not something to get rich quick.”

It’s a technique whereby you invest a set amount of money on a
systematic schedule over the long haul regardless of how the market is
performing. Because you’ve put your investing on autopilot, you’ll end
up with more shares for your money when the market is down. But if
stock prices rise, you wind up with fewer shares.

“It’s a discipline that reduces risk, not something to get rich
quick,” says Markese. “And that’s the whole point. It gets you
started. Don’t worry about where the market is. Start and put money in
on a regular basis, let’s say every month. It’s easy to do.”

In fact, if you’re enrolled in a workplace retirement plan where
earnings are automatically taken from your paycheck, then you’re
already dollar-cost averaging. But you can adopt this strategy outside
your employer’s plan by arranging for funds to be invested in other
types of retirement accounts on a regular basis.

When should I start saving?

December 25, 2011

When should I start saving?

The answer is simple: as soon as you can. Ideally, you’d start saving
in your 20s, when you first leave school and begin earning paychecks.
That’s because the sooner you begin saving, the more time your money
has to grow. Each year’s gains can generate their own gains the next
year – a powerful wealth-building phenomenon known as compounding.

Here’s an example of what a big difference starting young can make.
Say you start at age 25, and put aside $3,000 a year in a tax-deferred
retirement account for 10 years – and then you stop saving –
completely. By the time you reach 65, your $30,000 investment will
have grown to more than $472,000, (assuming an 8% annual return), even
though you didn’t contribute a dime beyond age 35.

Now let’s say you put off saving until you turn 35, and then save
$3,000 a year for 30 years. By the time you reach 65, you will have
set aside $90,000 of your own money, but it will grow to only about
$367,000, assuming the same 8% annual return. That’s a huge difference.

* When should I start saving for retirement?
* Where should I save my retirement money?
* How should I invest the money?
* How should my strategy change as I get older?
* How much money will I need in retirement?
* Will pensions and Social Security be enough?
* How much should I save?
* What if I can’t save enough?
* How can I reduce the amount I’ll need?
* What if I’m running out of time?
* I’m saving a lot but will still fall short – what now?
* When can I retire?

Source:
http://money. cnn.com/retireme nt/guide/ basics_basics. moneymag/ index.htm? postversion= 2008090815

Why Should You Save Money?

December 25, 2011

Why Should You Save Money? – By Martin Lukac

We are always hearing save, save, save. But if you don’t have a reason
to save, it isn’t likely you will.

Most people live paycheck to paycheck. Many people simply do not have
the money to save. There just doesn’t seem to be enough money left
over after paying the necessities.

And I’m not just talking about the lower-income groups. Often, those
driving new cars, living in nice homes and wearing name brand clothes
are barely making it by financially. They often have a harder time
finding extra money than do those who make incomes below poverty level.

There are a lot of people that wear money well, yet they don’t really
have any. Is that you? Are you caught in an endless cycle of wanting
more and wanting better? Do you see that it just isn’t working for you?

Sit down and examine what your main goals are in life. I mean the
really important financial ones. You may want to retire someday. Have
you started saving? Do you want your children to go to college? Have
you started saving? You might just want to be able to pay all of your
bills? Have you started saving?

You get the hint — it’s all about the saving. I’m not going to go
into how to save, you can research that later. Let’s talk about why
you should save.

The number one reason to start saving right now is for emergencies.
Things happen. People pass away. People get hurt at work. People get
laid off. We have accidents. We have cars break down, washing machines
stop working and sometimes even disasters hit our homes.

With an emergency savings, you are cushioned from the financially
ruin. You can make ends meet until you are able to figure something
out. You are able to buy that new washer without hurting your monthly
budget. You are able to sleep without worrying where you will find the
money. It’s in your savings.

I suggest starting with three to six months worth of monthly expenses.
This gives you a pretty good cushion. Put as much in as you can. My
husband recently lost his job, and we found that three months fly by
fast. Before we knew it, the fund was gone. But it gave him valuable
time to find a good job — he didn’t have to take one just to make
ends meet.

Once you have this savings built up, you should start working on your
goals. You can work on several at a time. For example, if you are able
to put $100 from each paycheck into savings, yet have three goals you
are saving for, do a portion to each.

For example, your goals are for retirement, college for your child and
buy a home. Decide which is most important to you and what you need to
dedicate of that $100 to each goal. You might put the largest amount
to your retirement, the second largest to your home and the third to
the college education.

You should save money. I can’t tell you why. That is your decision.
There are goals that can only be fulfilled from savings. Think about
what you want in life. If you want out of debt, to own your own home
or to retire comfortably, you have to start saving now.