Zpryme: Intelligent Research for an Intelligent Market

Austin, TX (ZPRYME NEWS) – 06/04/08 – To no one’s surprise nearly all economic analysts predicted recession or the negative increase GDP for the U.S. economy. The crisis arrived just early in 2008, but at an unexpected rate higher than what was predicted. BBC News reports early January 2008 that “The feared recession in the US economy has already arrived, according to a report from Merrill Lynch. It said that Friday's employment report, which sent shares tumbling worldwide, confirmed that the US is in the first month of a recession.”

Austin, TX (ZPRYME NEWS) – 05/12/08 - Food prices all over the world are skyrocketing and many people are going hungry. The Chicago Tribune quoting the World Bank said, “Food prices are soaring around the world- up 83 percent in the last three years.” The price of rice increased from $400 per ton to $1,000 per ton. That’s more than double of the original price. The Chicago Tribune quoted Robert Zoellick the President of World Bank saying that around 100 million people are pushed into poverty because of the food prices.

Austin, TX - (ZPRYME NEWS) – 05/12/08 - Last April 17-18, 2008, a conference was held for foreign and national investors. The prime issue of these investors was problems of land and housing in Ukraine. According to a Ukrainian website, “The Conference is remarkable for specific investment projects to be presented to the participants with the view to attract investments, including projects which involve the sale of investment-attractive land plots.”