Taiwan’s unemployment has been greatly slowed down the deterioration
China news agency, from Hong Kong, on April 22nd – TAIPEI News: the “office of accounts and statistics of Executive Yuan” of Taiwan released on 22nd, 5.81 percent unemployment rate in March, 630,000 unemployed people, which was an all-time high. However, the ” office of accounts and statistics,” said the deterioration in the level of unemployment slowed down sharply, which if in the absence of the measures, the unemployment rate in March for fear of more than 6.21%.
For the first time in 16 years, Caterpillar quarterly had a loss
Yesterday, the international construction machinery giant Caterpillar Inc. announced that in the first quarter the company had a loss of 112 million U.S. dollars, compared to a surplus of 922 million U.S. dollars over the same period, in a decrease of 1.034 billion U.S. dollars, which is since 1992, first-quarter loss reported by Caterpillar. Mainly due to the reduction of sales revenue and 558 million U.S. dollars in redundancy of the cost, the 9.225 billion U.S. dollars of sales cost compared to 11.796 billion U.S. dollars in the first quarter of 2008 fell 22%.
IMF: crisis engulfing global financial institutions about 4.1 trillion U.S. dollars
International Monetary Fund recently estimated that by the financial crisis, global financial institutions in the period from 2007 to 2010 faced the loss of 4.1 trillion U.S. dollars to expand. IMF in a “Global Financial Stability Report” (Global Financial Stability Report, the “Report”)said that not only a sub-toxic securities triggered by the crisis, but also the value of many loans of financial institutions even was in the decline. IMF estimates that the total number of U.S. assets reduced will be 2.7 trillion U.S. dollars.
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