2009 January | Money Talks - it's not everything, but everything is money

Archive for January, 2009

World economic growth for 2009 to be the worst since World War II

Thursday, January 29th, 2009

According to the BBC’s report on 28th Jan 2009, the IMF reported that the world’s economic growth will fall to just 0.5% in 2009, the lowest rate since World War II.

In contrast, back in October 2008, the IMF had predicted 2.2%.

It now says that the United Kingdom’s economy will shrink by 2.8% in 2010.

That is the worst among all the advanced nations.

The eurozone economy is predicted to shrink by 2% and the US economy by 1.6%.

On the same day the International Labour Organization (ILO) said that up to 51 million people could be laid off in 2009 as a direct result of the current economic crisis which is gripping both developed and developing countries.

Other developed economies now in recession are Japan and Spain.

Even China is now struggling with the sudden lack of demand from their primary export markets.

Source
The BBC, 28 Jan 2009

… that’s it, no more expensive toys …

Posted in news, sabud | 1 Comment »

My first payment from Nuffnang

Wednesday, January 21st, 2009

I already knew that the cheque was coming because they emailed me in advance, so it was not like the case with Advertlets, where I was thankful that they paid me at all.

Nuffnang in contrast paid right on time.

I could’ve cashed out earlier but I decided to reach RM200 before doing so.

So, to any doubters of the result of the “Nuffnang vs Advertlets” debate, I’d say with certainty, after having experienced both, that Nuffnang won hands down.