Spain’s economic condition continues to worsen since Great Recession of 2008 Spain‚ after enjoying two decades of economic growth from joining the European Union‚ is still suffering from the global rescission in 2008. Spain experienced a long boom fueled by low interest rates that created a real estate bubble. When this bubble burst in 2008‚ as part of the global recession‚ Spain was hit hard with soaring unemployment (especially those under 25)‚ weak banks‚ a budget deficit and growing debt
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Many may ponder “Is Alexander really great?”. Alexander has done many things in history‚ but does that make him great or just selfish because of what he did accomplish was for himself? Alexander himself discovered seventy cities which might seem great‚ but he named them either after himself or his horse. That can make one ponder about him. Is he really great‚ or is he just a selfish person that thinks he’s great? Alexander has done many things to become great to me. One example is when he went
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The Recent Recession and How It Has Affected Our Economy We all realize that we are currently in a recession and times are tough. Almost everyone I know has been affected by this recession in some way‚ including my family. Due to this assignment‚ I have found myself asking this question: how has the recession affected my family and the community? Everyone that I spoke with had strong and emotional answers to this question. This past year has been very hard for my family. Both my husband and I
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Gingival recession is a common feature in populations with high standards of oral hygiene‚ as well as in populations with poor oral hygiene.1-3 Incidence of gingival recession varies from 8% in children to 100% after age 50 years.4 Several aspects of gingival recession such as esthetic/cosmetic demands and root sensitivity make it clinically significant and required surgical correction. Another common indication for root coverage procedures is to reshape the architecture of the marginal soft tissue
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Why the Great Gatsby isn’t very great and isn’t very Gatsby The choices made by director Baz Lurmann while creating the adaptation of The Great Gatsby make certain aspects a lot more obvious than the book‚ which is good for the audience‚ but ultimately make the movie version of Gatsby very different from the book version. But I’m not saying that it is bad for movies to stray from the books that they are adapting; it just gives the movie a different feeling than the book. Luhrmann’s choice in characters
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higher exports from the services sector. RECESSION: In macroeconomics‚ recession is the distinct decline in any particular country’s GDP (gross domestic product). In some references its been said that when a country faces negative real economic growth‚ for two or more successive quarters of a year‚ that’s also termed as state of recession. But exact definition of recession has always been controversial and economists tend to differ in defining recession. A business
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Citigroup’s Asian operations‚ was last year named CEO of MasterCard — all without a degree from a Western business school and without abandoning his Sikh turban. When Ajay took over at the credit-card company’s suburban — New York City headquarters‚ the Times of India crowed that he was the first "entirely India-minted executive" at a multinational’s helm. The Banga brothers are two of a growing roster of global Indian business leaders‚ a roster that includes CEOs such as Citigroup’s Vikram Pandit and PepsiCo’s
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Zappos CEO Tony Hsieh Happy Making $36‚000 A Year Working For Amazon Posted Sep 10‚ 2010 12:48pm EDT by Henry Blodget in Investing‚ Tales of the Valley Related: AMZN One of the most striking Internet success stories in recent years is Zappos‚ the $1+ billion e-commerce business which was bought last year by Amazon. But‚ as is often the case‚ the Zappos empire was not created overnight. Ten years ago‚ the online retailer known for selling shoes was actually desperate for sales. It wasn’t until
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The Global Recession and Workplace Malfeasance The great global recession has claimed many victims. In many countries‚ unemployment is at near-historic highs‚ and even those who have managed to keep their jobs have been asked to accept reduced work hours or pay cuts. In some cases—say‚ the U.S. auto industry—job losses have been predictable but no less painful. However‚ in other cases‚ they have come as a surprise. Norm Elrod had earned an MBA while employed at an online marketing firm. His degree
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A recession is the contraction phase of business cycle. The official agency in charge of declaring that the economy is in a state of recession is the nation bureau of economic research. According to NBER the recession is defiend as “Significant decline in economic activity lasting more then a few months”‚ which is normally visible in GDP‚ real income‚ employment‚ industrial production‚ and wholesaler- retail sales. WHAT CAUSES RECESSION ? An economy which grow over a period of time tends to
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