Latest Business News
Print media coupled with the advent of the internet service is currently leading informers when it comes to seeking latest business news around the world. The latest and shocking story is the hacking scandal facing the British media. Rupert Murdoch’s media house business, News of the World having closed, down after many years in operation. This has sent shivers to all media houses around the world, and at times, they are not able to verify their sources of information.
Britain’s media houses might face regulations on press release due to this.As Nelson Mandela the respected and former South African president celebrated his 93rd birthday today, the world can afford to stand by him due to the apartheid action well fought and wish him nothing but enjoyable condition, Happy Birthday Madiba.
World leader’s congratulatory messages were all over the airwaves as they gave respect to this respected icon. America’s debt ceiling is worrying, and President Barack Obama is not a man at peace. On an interesting note, President Obama appointed Cordray, the known bank attacker to lead the consumer job. That is what we call politics!World business news would not be complete without addressing Greece’s financial crisis and its implications on the Euro. The neighboring states and countries have not been spared either, neighbors like Italy and Germany are already feeling the pinch of the Euro trading today. When the world thought that Japan woes regarding the Tsunami was over, that was not to be.
Japan having been hit with one of the worst beef contamination scenarios after the effect of the Tsunami that hit it in March, 2011.This will affect importation of meat products from Japan due to traces of radiation found in cattle that ate grass near the radiation centre. In the business world, this is a large set up for farmers, producers and even the country as a whole. This is an extremely unfortunate occurrence as nobody ever thought that straw from nearby would have such high radiation levels. Even though; suspension is in the offing, tests have to be done to find out what degree of radiation; can be found in meat products.