Anggito: Fiscal Stimulus prop 4.3 Percent Economic Growth

- Head of the Department of Finance Fiscal Policy Anggito Abimanyu flushing megatakan fiscal stimulus of Rp 73.3 trillion last year proved to save Indonesia’s economy from the impact of global economic crisis. According to him, if the government does not menerapakan stimulus then in 2009 economic growth will reach only 2.9 percent.
“Since we rolled [...]

Insurance Claims Data, Dow Jones Increases trigger 30 pts

The Dow Jones closed 30 points stronger, at the trading Wednesday (25/11/2009) local time, as the drop in unemployment claims and increased incentives home sales were reported recently. However, trading volume is still low.
As quoted by Reuters on Thursday (26/11/2009), economic data and including a weakening U.S. dollar triggered transactions in capital markets for some [...]

The Richest Man in United States

Super-rich people in the United States getting poorer? Yes, based on the calculation of business magazine Forbes, the value of property in the State Uwak billionaire Sam was slumped to 300 billion U.S. dollars or in exchange Rp 10,000 to reach Rp 3.000 trillion! in just 12 months, from 1.57 trillion U.S. dollars to “live” [...]