First Deputy Director of International Monetary Fund (IMF) David Lipton said this week in Maputo, the capital of Mozambique, that in 2012, despite the stagnation in global economy, the economy of sub-Saharan Africa powerfully developed. It is assumed that this trend will continue in the current and future years.
Linda Bradford Raschke (Commodity Trading Advisor) is the head of LBR Group Inc., and LBR Asset Management. This astute female trader has over 30 years of trading experience. A real amazon of the Wall Street as she’s, her career began in 1981 as a market maker in options.
One of the key elements of understanding of currency pairs’ movement on the Forex market is a work on the trading news. The ability to work on the news is very important for both the novice traders and for the experienced ones, who seek to improve their trading skills.
The magnitude and longer duration of unemployment has raised concerns that the cyclical increases in joblessness might eventually turn into structural unemployment. The share of the long-term unemployed, i.e. persons being out of work for more than 12 months, has been constantly rising in the EU since mid-2009 and climbed to 46% in the fourth quarter of 2012.
The labor market conditions in the EU and the euro area have continued worsening since the end of 2012 on the back of weak economic activity and ongoing labor market adjustments in several euro-area Member States. Joblessness has steadily increased in the last two years, with the unemployment rate in February registering new all-time highs in both the euro area (12.0%) and the EU (10.9%.