Airlift to Berlin

by Herminne Tonita - By 1948 the Western Allies were eager to rebuild the German economy. Without German industrial production and German customers for their goods other European nations were finding it very difficult to revive their own economies. But before this problem could be solved, something had to be done about German money. In 1948 this was almost worthless. An ordinary factory worker ...

Date added: 24 June '07

You Get What You Pay For

by Herminne Tonita - Market economy and the increase of the demand on the market have made that the offer in no matter what field of economy: industry, tourism, shops, and factories grew too. When the demand grows the offer also develops and improves the aspects that are requested by the buyers. For example, everybody is interested in travel agencies and where they can spend their holidays s ...

Date added: 16 February '07

Is Anyone in Britain Really Poor

by Herminne Tonita - There is no agreement on how to define poverty. The word at one extreme evokes pictures of starving African children or Dickensian novels. In our wealthy, developed country, can people be described as really poor? There is no official definition of poverty in Britain, although various sets of statistics are collected that are regarded by some as a way of measuring it. Th ...

Date added: 01 May '07

Mergers and Takeovers

by Cristina Nuta - In a market economy it is quite common that small companies, with reduced financial means, should be taken over by other companies or that two or several companies should merge to form a new company. A buy out means the purchasing of a company, either entirely, or at least the controlling percentage of its shares. In the case of small companies with limited assets, in orde ...

Date added: 31 July '07